Browsing: Taxes

Mayor Capello also said that according to the audit, the City’s net position between year-end 2020 and year-end 2021 decreased from 11.6 to 6.6. For reference, the government’s net position is determined by the difference between an entity’s assets plus deferred outflows of resources and its liabilities plus differed inflows of resources.

Mayor Capello said that Lebanon boasts the lowest property tax rate amongst third-class cities and the second lowest among all cities in Pennsylvania. She noted that Scranton, PA has a slightly lower tax/millage rate at 2.395 mills; however, their earned income tax is higher than Lebanon City’s.

Philadelphia, PA- Self-employment not only offers control over your time, arguably your most precious resource, but also provides a myriad of tax benefits that are not available to traditional employees. Following are snippets of five tax advantages available to self-employed individuals.

Doc Clements Many of you may not know that PSERS is the 76 BILLION-dollar Pennsylvania Schools Retirement System. Now, that…