The State of Delaware has once again received the highest possible AAA rating from three of the nation’s top rating services, confirming the State’s stable economic outlook for the coming year. The latest round of rating reviews from Fitch, Moody’s and…
The deadline for Delaware taxpayers to file and pay their 2020 personal income tax returns to both federal and state governments has been extended from April 15 to May 17. This extension does not apply to estimated tax payments made quarterly by indivi…
New, Sensible Approach Uses Technology to Identify Unclaimed Property Owners Based on Recent Tax Filings The State’s new MONEY MATCH program will automatically return lost money to Delaware taxpayers without the usual need to file a claim or gat…
The State of Delaware is in the process of transitioning its banking services to J.P. Morgan Chase (JPMC), and the Office of Unclaimed Property (OUP) is one of the first agencies to participate in this transition. Holders of unclaimed property should b…
Delaware’s Division of Revenue will begin processing 2020 individual income tax returns on Friday, February 12, 2021. Delaware opens its filing season in tandem with the IRS, who have been delayed this year due to programming required in administering …
Beginning in January 2021, the Delaware Division of Revenue (DOR) will require certain business tax returns, including most gross receipts tax, excise tax, and withholding tax forms, to be filed electronically. Payments for these taxes must also be mad…
Effective January 2021 Division of Revenue Director Jennifer Hudson today announced that businesses subject to the Hazardous Substance Cleanup Act (HSCA) will see a decrease in last year’s rate from 1.0429% to 0.9067%. The new tax rate will go into eff…
The State of Delaware Department of Finance recently began collaborating with The Precisionists (TPI), a Wilmington, Del.-based organization focused on employment for adults with disabilities. The pilot program, about to celebrate its first anniversary…
The Government Finance Officers Association of the United States and Canada (GFOA) has awarded Delaware its Certificate of Achievement for Excellence in Financial Reporting for the State’s fiscal year 2019 comprehensive annual financial report (C…
Delaware’s Director of the Office of Unclaimed Property (OUP), Brenda Mayrack, is warning residents about fraudulent scam text messages that are circulating across several states, including Delaware. These messages invite recipients to follow a link to…
Together with the IRS and Delaware’s Department of Labor Unemployment Insurance Division, the Division of Revenue has announced a COVID–19 Relief Discussion this coming Friday, May 22, 2020, at 11:30 a.m. Eastern Standard Time (EST). This free 60-minut…
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