School Property Tax Relief For Seniors

The State of Delaware currently offers homeowners ages 65 and over a tax credit against their school property taxes of 50% (up to $500). The Senior School Property Tax Credit…

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Take Retirement Plan Distributions by December 31

Taxpayers born before July 1, 1946, generally must receive payments from their individual retirement arrangements (IRAs) and workplace retirement plans by December 31. Known as required minimum distributions (RMDs), typically…

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2016 Recap: Tax Provisions for Businesses

Whether you file as a corporation or sole proprietor, here’s what business owners need to know about tax changes for 2016. Standard Mileage Rates  The standard mileage rates in 2016…

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