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Jan. 21—Gov. Josh Shapiro was in Pittston this week to talk about his effort to expand child and dependent care tax credits and increases in the Property Tax/Rent Rebate programs. With Shapiro's ...
Aug. 9—WILKES-BARRE — Following his work to expand the Property Tax/Rent Rebate (PTRR) program for the first time in nearly 20 years, Gov. Josh Shapiro this week announced that more than ...
Aug. 2—Older Pennsylvanians and Pennsylvanians with disabilities who qualify for a rebate on rent or property taxes paid in 2021 will be receiving more money this year, the Wolf administration ...
Certain types of tax-exempt bonds are also limited on a state-by-state basis, and the state agency responsible for bonds may be different, but the state agency generally applies similar rules as the agency responsible for the tax credit program. The credit rate is 4% for bond-financed projects, as opposed to 4% for acquisition of existing ...
A surety bond is defined as a contract among at least three parties: [1] the obligee: the party who is the recipient of an obligation; the principal: the primary party who will perform the contractual obligation; the surety: who assures the obligee that the principal can perform the task; European surety bonds can be issued by banks and surety ...
In order to claim this credit the tax filer must be a resident for the full year. The maximum credit is $1,000 and for filers who make less than $25,000 per year the property tax must be over 3% of their yearly income. For tax filers who make between $25,000 and $40,000 the property tax must be over 4% of their yearly income.
Oct. 4—WILKES-BARRE — Gov. Josh Shapiro this week announced that his Administration has processed more than 500,000 tax rebates totaling over $304 million for older Pennsylvanians and people ...
According to an article published in the Journal of Property Tax Assessment & Administration in 2009, the increase in the use of TIF in Chicago resulted in a "substantial portion of Chicago's property tax base and the land area" being subsumed by these levy zones—"26 percent of the city's land area and almost a quarter of the total value of ...
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