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Ending the Death Tax on Children Legislation to eliminate the inheritance tax for transfers of property from a parent to age 21 and younger passed the state House recently. Currently, property transferred from a parent to a minor child is subject to an inheritance tax rate of 4.
However, fee transfers from age 21 or younger to a natural parent, adoptive parent or step-parent are exempt from the tax, and House Bill seeks to exempt property transfers from the tax in the reverse order. This would be especially beneficial to farmers who often leave the family farm to their children.
The measure now goes to the Senate for consideration. I had the chance to chat with Adam Shellhammer, the conservation district manager, about environmental issues in Monroe County.
Rosemary Brown and I recently met with Jodi L. Since then, the YMCA has grown and expanded.
I discussed with Jodi my hope for an increased presence in the West End. Mark Your Calendars!
Stop by to learn about what my office can do for you, meet my staff and visit with township officials. Tax Amnesty Program Starts April 21 Pennsylvania is offering a limited opportunity for individuals and businesses with past-due taxes as of the end of to pay with a reduced penalty.
The program will run from April 21 until June All penalties and half of the interest will be waived. Those owing state taxes from more than 30 administered by the Pennsylvania Department of Cam girls Salem Oregon are eligible, including personal income tax, corporate net income tax, sales and use tax, employer withholding tax and inheritance phpne. Taxpayers vree participated in the tax amnesty are ineligible, along with those under criminal investigation, prosecution or restitution for violating tax law; those in bankruptcy unless the Bankruptcy Court grants permission; and those with a current voluntary disclosure agreement.
After the amnesty program ends, an additional 5 percent penalty will be added to eligible taxpayers who did not participate, and interest will continue to accumulate. More information about the program is available here.