Monday, January 3, 2022

Council split as Plymouth’s 2022 budget raises taxes amid rising expenses | Times Leader

Council split as Plymouth's 2022 budget raises taxes amid rising expenses | Times Leader

From left: Plymouth Borough Council President Ron Kobusky and members Alec Ryncavage and Adam Morehart. Council last week voted 5-2 to pass its $2.2 million 2022 budget, which will raise property taxes by 1 mill, or about $40 for the average property owner.

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Publisher: Times Leader
Date: 2022-01-02T23:55 00:00
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GOP lawmakers resolve to cut Iowa income taxes in '22 - Radio Iowa

The 2022 Iowa legislative session starts next Monday and Governor Kim Reynolds and her fellow Republicans in the House and Senate are putting tax cuts the top of their agenda.

“We’re shooting to make another big reduction in the taxes that Iowans pay,” Senate Majority Leader Jack Whitver, a Republican from Ankeny, told Radio Iowa , “and we want to continue to make us one of the most competitive states in the country.”

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Publisher: Radio Iowa
Date: 2022-01-03T10:00:30 00:00
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What you need to know before filing your 2021 taxes | fox43.com

PENNSYLVANIA, USA — Experts say that 2021 could be one of the most complicated years to file your taxes.

Mark Steber, Chief Tax Information Officer at Jackson Hewitt Tax Services, says that between the COVID-19 pandemic, stimulus check payments, the new child tax credit, and more, there's a lot to keep track of. 

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Publisher: fox43.com
Date: 7:34 PM EST January 2 2022
Twitter: @fox43
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Do you owe the 'dreaded' alternative minimum tax?

The 2017 Tax Cuts and Jobs Act (TCJA) made the alternative minimum tax (AMT) rules much more taxpayer-friendly for 2018-2025, and significantly reduced the odds that you'll owe the tax. And if you do still owe the dreaded AMT, you'll probably owe quite a bit less than before.

The AMT is a separate federal income tax system with a family resemblance to the more-familiar regular federal income tax system.

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Publisher: MarketWatch
Date: 2022-01-03T06:56:00-05:00
Author: Bill Bischoff
Twitter: @marketwatch
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Most Beaver County municipalities won't raise property taxes in 2022

This comes on top of the Beaver County commissioners passing the county's 2022 budget with no tax increase, for the sixth straight year.

The boroughs in the county that will not raise their individual taxes include: Ambridge, Baden, Big Beaver, Bridgewater, Conway, Darlington, Economy, Fallston, Frankfort Springs, Freedom, Georgetown, Glasgow, Industry, Koppel, Midland, Monaca, New Brighton, Ohioville, Patterson Heights,

Publisher: The Times
Author: Nicholas Vercilla
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New NC laws for 2022 include lower taxes and a focus on police officers' mental health |

Lower state income taxes and stronger mandates addressing the mental health of law enforcement officers in North Carolina take effect with the new year.

The budget law also raises the amount of income not subject to taxes through the standard deduction. For example, a married couple filing jointly won't have to pay any taxes on the first $25,500 of income for the 2022 tax year, compared with $21,500 in 2021.

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Publisher: WFAE 90.7 - Charlotte's NPR News Source
Date: 2022-01-03T10:53:00
Author: https www wfae org people gary d robertson associated press
Twitter: @WFAE
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New Texas laws for 2022 tackle property taxes, food delivery services and police funding

The laws taking effect Jan. 1 include several measures concerning property taxes, one that regulates food delivery services and another that forces large counties to hold an election if they want to reduce police funding.

This measure will exempt property taxes for some charitable organizations that aid those experiencing homelessness. The groups must provide permanent housing, and they must have existed for at least 20 years if the property is located in a county.

Publisher: Houston Chronicle
Date: 2022-01-01 06:00:00
Author: By Cayla Harris Austin Bureau
Twitter: @houstonchron
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From criminal charges to property taxes, Northeast Michigan faces busy 2022 | News, Sports,

Photo Illustration by Justin A. Hinkley This photo illustration shows a man voting in the November 2020 election, Alpena teen Brynn Bills, whose body police discovered in Alpena Township in September, an Alpena Township water tower, and an Alpena Township fire truck.

ALPENA — The year 2021 was a busy one for Northeast Michigan, but much was left undone that could come to a conclusion in 2022.

Publisher: thealpenanews.com
Twitter: @TheAlpenaNews
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