Thursday, June 9, 2022

Providence city councilors aim to cut property taxes floated by Elorza

PROVIDENCE — City councilors are pushing to lower property taxes initially floated in Mayor Jorge Elorza's fiscal year 2023 budget.

On Wednesday night, the finance committee moved to cut the rate from the proposed $18.50 per $1,000 to $17.80.

The mayor has touted his plan as a tax cut, as the current rate stands at $24.56; however, skyrocketing home values mean residents will end up paying more anyway. According to the city's internal auditor, Providence's residential properties have increased in value by an average of 46%.

Publisher: The Providence Journal
Author: Amy Russo
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Ciresi outlines plan to relieve school cost pressures, lower property taxes

ROYERSFORD, June 7 – A long-time advocate for a strong public school system, state Rep.

Ciresi is proposing relieving cost pressures on public schools and lowering property taxes through changes in how school funding is distributed, reforming the charter school law, and making a significant one-time investment toward school pension liabilities.

Date: 2022-06-07T17:04:00.0000000-04:00
Author: https facebook com PAHouseDems
Twitter: @PAHouseDems
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What Freelancers Need to Know About Income, Deductions, and Taxes

I landed my first job as an independent contractor at age 12, although, technically, I was a subcontractor. My older brother mowed lawns in our neighborhood, and whenever he could not do the work, I filled in.

It wasn't easy. It was hot and humid in the summer, often reaching over 100 degrees Fahrenheit. We had a push mower, and since we were too young to drive, that meant pushing the mower to the property—sometimes a mile or so away—with the gas can strapped to the top before the work could even begin.

Twitter: @tax
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City rejects Lofts at Ashford request for waiver on taxes | The Republic News

COLUMBUS, Ind. — Columbus city council members found themselves at odds over whether to waive approximately $70,000 in taxes for a low-income housing project that failed to file for a deduction in time.

Columbus City Council has voted 4-3 not to grant the Lofts at Ashford a waiver of noncompliance for its "failure to timely file for deductions on a previously approved property tax abatement."

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Mayor raises idea of lowering taxes | News | messenger-inquirer.com
Publisher: Owensboro Messenger-Inquirer
Author: James Mayse Messenger Inquirer
Twitter: @OwensboroMI
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Vermont lowers ready-to-drink spirits taxes | The Hill

Vermont Gov. Phil Scott (R) has signed legislation lowering taxes on ready-to-drink spirits, the latest front in an ongoing battle within the alcoholic beverage industry that pits distillers against beer and wine makers across the country.

States typically tax spirits at much higher rates than they tax beer and wine. The Vermont bill reduces taxes on packs of ready-to-drink spirits from $7.68 per gallon, the rate at which spirits are taxed, to $1.10 per gallon.

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Publisher: The Hill
Date: 2022-06-08T14:16:12 00:00
Author: Reid Wilson
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Port: We had the debate about abolishing property taxes, and voters rejected it - InForum | Fargo, ...

But in the primary race, Streyle is up against unserious candidates from the Bastiat Caucus wing of the NDGOP's schism. In response to his proposal, the Grand High Poo-Bah of the Bastiats has countered with an unserious idea North Dakota's voters have already rejected overwhelmingly.

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Publisher: Jamestown Sun
Date: 2022-06-08T11:00:00
Author: https www jamestownsun com rob port
Twitter: @jamestownsun
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How High Are Property Taxes in Wilmington, North Carolina - Mansion Global

Q: I'm looking at a property in Wilmington , North Carolina. What are the property taxes like there?

A: Located in southeast North Carolina between the Atlantic Coast and Cape Fear River, Wilmington is a scenic seaside community with a robust population of retirees, according to Brad White, a real estate appraiser in the city.

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Date: 2022-06-09T10:39:00.000Z
Author: Shivani Vora
Twitter: @mansionglobal
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Video | What you need to know about taxes on the sale of primary residence & business ...

If you are selling a primary residence or business property, there's a lot to know about the tax side of things. If you aren't sure where to start, this virtual webinar is for you.

Speakers for this webinar include P. John Donofrio, EA, MBA, Owner of Donofrio Inc; and Accountant Nicholas Kroeper.

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Publisher: amNewYork
Date: 2022-06-09T08:00:05-04:00
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