Showing posts with label tax. Show all posts
Showing posts with label tax. Show all posts

Friday, June 12, 2015

Inter-agencies Disagreement on Tax Credit


According to the IRS (Internal Revenue Service), almost $11 billion in the Advance Premium Tax Credits (APTC) was paid to insurers in Fiscal Year 2014. The Affordable Care Act (ACA) created the new refundable tax credit (at the center of a legal challenge to be decided by the Supreme Court this month). The actual amount of the PTC that taxpayers are entitled to receive is based on their actual income and family size reported on their annual tax return, which can be different from the estimates used by the Exchange to determine the allowable APTC, reveals an audit

Sunday, May 31, 2015

Millions to Renovate Former Library

AUGUSTA, GA (Anibal Ibarra) - The Augusta Richmond County Commission approved to provide to RW Allen, LLC with $1,394,174.00 for the renovation of the former Augusta Library to be used by the Utilities Department. Also the local legislative body authorized the payment to Georgia Power for the Facility Relocation Costs on the Berckmans Road Widening & Realignment estimated in $372,650.00. The approval of the stormwater fee was delayed, once more time, and Augusta Public Transit has 30 days to improve the Fort Gordon route, failing by design, after 6 months of the pilot program.