It’s not just major sporting events and Clash of the Choirs… Philadelphia lands second in other areas, too, such as the largest tax burden!
Congrats, Mayor Street! We’ve been looking for this kind of recognition. Maybe we should change our slogan to “The City That Taxes You Back”?
Here’s the breakdown (courtesy of TaxProf blog):
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Kelly Phillips Erb, known as Taxgirl, is a tax attorney, writer, and speaker who explains tax news, IRS updates, scams, financial crime, and money in plain English.
President Obama has issued a target date for the adjusted withholding to begin as part of the stimulus package: April 1. Obama mentioned the date in his weekly radio address, saying: I’m pleased to announce that this morning the Treasury Department began directing employers to reduce the amount of taxes withheld from paychecks, meaning that…
You know that you can deduct the cost of visits to the doctor and dentist, right? And that you can deduct the cost of parking and transportation to and from those visits? What else is deductible? Check out this handy list: 1, Abortion 2, Acupuncture 3, Alcoholism treatment 4, Ambulance service 5, Artificial Limb 6,…
Looking to file your tax return for free? IRS has announced that Free File is open and available to more than 70%, or 100 million, taxpayers.
Everyone thinks that their mom is practically invincible but my mom really is. She has survived cancer, a few strokes, and heart surgery. She buried both of her parents in the span of a year and has outlived all but two (of seven) of her brothers and sisters. She raised my brothers and me and…
As the IRS moves to make it more difficult for tax preparers and financial institutions to issue RALs (refund anticipation loans), critics have been quick to point out that low-income taxpayers may have a difficult time taking advantage of their tax refunds. Many low-income taxpayers are “bankless” without access to banks that will cash tax…
Governon Paterson raised quite a stir after he suggested a “fat tax” to raise revenue combat obesity. But that may not be the most controversial local tax measure to make news this December. Rep. Darryl Rouson, a Democrat from St. Petersburg, Florida, has proposed House Bill 99 to add a “surtax of 5 percent” on…
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Any irony to the fact that Bridgeport was the first city in U.S. History to claim bankruptcy? I think not!