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 […]
Delaware Sets Health Care Spending Benchmark
Delaware Health and Social Services | Department of Finance | Former Governor John Carney (2017-2025) | Office of the Governor | Date Posted: Wednesday, December 19, 2018
Benchmark initiative will limit spending growth, improve quality of care NEW CASTLE, Del. – The Delaware Economic and Financial Advisory Council (DEFAC) on Wednesday issued a recommended Benchmark Index that set the state’s health care spending growth target at 3.8 percent for 2019 – the initial year of Delaware’s newly created Health Care Spending Benchmark. […]
Avoid Getting Reeled In by Phishing Scams This Holiday Season
Department of Finance | Division of Revenue | Date Posted: Friday, December 7, 2018
Data thieves don’t take a break during the holidays, and the Delaware Division of Revenue wants to warn taxpayers that the IRS is seeing a large increase in bogus email schemes that seek to steal money or tax data. The most common way for cybercriminals to steal money, bank account information, passwords, credit cards and […]
