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Governor Rendell Signs Tax Collection System Reforms Into Law
Governor Edward G. Rendell today signed into law a new, more efficient tax collection system that could yield more than $200 million for municipalities and school systems and improve Pennsylvania's business climate through the standardization, coordination and accountability it provides. "Today m... More

RNC: Obama's Tax Shift
The following was released by the Republican National Committee: Today, Obama Claimed That A Family Making Less Than $250,000 Will Not See Higher Taxes Under His Plan: Obama: "If you are a family making less than $250,000, my plan will not raise your taxes - not your income taxes, not your pay... More

'Tax Extenders' Bill the Latest Test of Congress's Commitment to Fiscal Discipline
"Tax extenders" legislation now before the Senate has become the latest battleground in the intensifying debate over whether Congress should abide by its "pay-as-you-go" (PAYGO) rules and pay for new tax and budget measures so they don't expand the deficit. Opposition to abiding by PAYGO is also imp... More

SBA Launches Tax Savings Resource Center
SBA has created an online tax savings resource center to help small businesses understand how they can benefit from the 2008 economic stimulus package signed into law by President Bush earlier this year. The package includes the following tax incentives for businesses: a 50% bonus depreciation al... More

DC College Savings Plan Tax Deduction Increased to $4,000 per Person
The City Council of the District of Columbia has passed the "College Savings Program Increased Tax Benefit Act of 2008," immediately raising the income tax deduction for contributions to the DC College Savings Plan from $3,000 per individual taxpayer, to $4,000. The DC College Savings Plan offers... More

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