Bond Rating Agencies Recognize Delaware’s Strong Fiscal Management
Department of Finance | Department of Transportation | Former Governor John Carney (2017-2025) | Office of the Governor | Date Posted: Wednesday, August 28, 2019
Bond refunding saves taxpayers $15 million WILMINGTON, Del. – Delaware’s proactive fiscal management has been recognized with the announcement of the State’s triple-A bond ratings and an upgrade of the rating for Delaware Transportation Authority (DTA) bonds. The State’s ratings were issued in advance of the refunding of $123 million of Series 2009D Build America […]
Scam Alert: Revenue Warns Taxpayers of Fraudulent Letters
Department of Finance | Division of Revenue | Date Posted: Wednesday, April 24, 2019
Example Scam Letter April 2019 The Delaware Division of Revenue wants to alert citizens to a new taxpayer scam that is happening in Delaware. Victims may receive a letter from “The Bureau of Tax Enforcement” that threatens property seizure and wage garnishment unless they call a toll-free number to “avoid enforcement.” “These scam mailings […]
Tax Reform and Your Delaware Itemized Deductions
Department of Finance | Division of Revenue | Date Posted: Thursday, February 28, 2019
Prior to the Tax Cuts and Jobs Act (TCJA), individuals were permitted to claim an unlimited amount of state and local real property and income taxes paid as itemized deductions. Starting with tax years 2018, those deductions will be limited. Delaware follows federal law regarding itemized deductions, and taxpayers will be entitled to an itemized […]
Overstated Withholding May Delay Your Tax Refund
Department of Finance | Division of Revenue | Date Posted: Friday, February 22, 2019
With tax season well underway, Division of Revenue officials are noting an uptick in Delaware returns reporting overstated Delaware income tax withholding. The appropriate amount to report is limited to the total in Box 17 of the W-2 form provided by your employer (or the sum of those amounts if you have multiple employers), plus […]
Delaware’s Office of Unclaimed Property Website Is Moving
Department of Finance | Date Posted: Friday, February 15, 2019
State Escheator and Office of Unclaimed Property Director Brenda Mayrack this week announced that Delaware’s Office of Unclaimed Property will be moving its website to unclaimedproperty.delaware.gov. By federal policy, U.S. government-related domain names (“.gov”) are only available to official governmental organizations in the United States. Originally launched in October of 2015, delaware.findyourunclaimedproperty.com has provided the […]
