Tag: taxes

House Passes Bill to Provide Tax Relief to Working-Class Families

DOVER – The House overwhelmingly passed a measure Tuesday that would provide tax relief to tens of thousands of working-class Delaware families by increasing the standard deduction on state taxes and boosting the refundable Earned Income Tax Credit. Sponsored by […]

House Bill 489

This legislation imposes a new, elective entity-level tax on the income of partnerships and S-corporations, each of which are commonly referred to as “pass-through entities” for tax purposes. Prior to this legislation, the income of a pass-through entity was subject […]