In January, Kiplinger updated their ongoing study and rankings of the State-by-State Guide to Taxes on Retirees in the U.S. Not only did Delaware place in the top ten best states to retire, but we ranked THE best!....While we are a destination for retirees and the average age of all Delawareans is going up, other issues loom in the background. Will we have the services people in their sixth, seventh, eighth, even ninth decades of life need? Read more >
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This week was relatively quiet for legislation impacting the business community. Of note was the House passage of HB200, the Clean Water bill. It provides significant investment in water infrastructure projects throughout Delaware, including addressing flooding and sewer issues and increasing Delaware’s clean water supply. The State Chamber has been an advocate for this legislation as it has appeared in various forms over the last few years. We are pleased with its passage. It now goes on to the Senate. Read more >
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2021 ECONOMIC OUTLOOK
WITH PATRICK HARKER
Patrick Harker, president & chief executive officer of the Federal Reserve Bank of Philadelphia will provide a regional economic outlook with a focus on Delaware’s economy. Harker will also take a deep dive on key industries, including financial services, agricultural, hospitality, healthcare, construction and incorporation services.
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FEDERAL INCOME TAX FILING EXTENDED |
The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. The IRS will be providing formal guidance in the coming days. Read more >
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DELAWARE INCOME TAX FILING EXTENDED
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, 2021. This extension does not apply to estimated tax payments made quarterly by individuals – those payments will still be due by April 30, 2021. Additionally, the deadline extension does not provide apply to corporate or fiduciary income tax returns. Read more >
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GIFT & ESTATE TAX
PLANNING FOR 2021
With the election of President Joseph Biden, coupled with Democratic control
of both the House and Senate, we may possibly see changes to the estate and
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STRATEGIES FOR TAX FILING & PLANNING IN THE COVID ERA
It's no secret that last year’s tax season was a challenge for everyone. Here are a few tips to make tax filing and tax planning more convenient and less stressful this year and beyond. Read more >
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WHAT'S ALL THE FUSS
ABOUT IRAs?
It's the most wonderful time of the year — tax time. This is the time of year when many people wonder if they should contribute to an Individual Retirement Account (IRA). Investing in IRAs
comes with tax benefits that will help you grow your money. Read more >
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KEY 2021 TAX STIMULUS & RELIEF FOR EMPLOYERS & INDIVIDUALS
The Consolidated Appropriations Act of 2021 contained long-anticipated stimulus and tax relief aimed at the COVID-19 pandemic. Here is a high-level summary
of the provisions that are of interest to businesses, including nonprofits as well
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Beginning at 10 a.m. on Tuesday, April 6, Delawareans who are 16+ may register on the State of Delaware’s COVID-19 vaccination waiting list at vaccinerequest.delaware.gov. Invitations to state vaccination events will be contingent on supply and prioritized based on age and other risk factors, including pre-existing medical conditions.
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Pharmacies may also begin vaccinating Delawareans who are 16+ on April 6.
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Medical providers – including primary care doctors, specialty providers, and hospital systems – will continue to vaccinate only Delawareans aged 16-64 with moderate- and high-risk medical conditions and disabilities. Click here to view a list of updated medical conditions.
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Bay to Bay News
Delaware Business Times
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Technical.ly Delaware
Town Square LIVE
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ADVERTISE WITH THE CHAMBER |
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Promote your events, news & initiatives to Delaware's business community through us! |
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2021 Economic Forecast with Patrick Harker
April 13, 2021
12:00 pm - 1:00 pm
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Chamber Leadership
with Tony Allen
Wednesday, April 28
8:30 am - 9:30 am
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6th Annual
Small Business Day
Wednesday, May 12 & Thursday, May 13
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