Unemployment tax relief for DE citizens
DELAWARE – Governor John Carney signed House Bill 65 which will provide COVID-19 tax relief for Delawareans receiving unemployment benefits, as well as small businesses who are assessed unemployment taxes.
According to state legislators, this past year rendered havoc on many small businesses and caused many people to become unemployed. Now that tax season has arrived, legislators say this bill couldn’t come at a more perfect time.
It includes four sections which establish what relief is available. However, one of the most important points, it exempts unemployment compensation benefits received in 2020.
Legislators say, they’re happy to provide relief for those who have truly been affected by the pandemic.
“This is tax time here in our state and across the country, and this tax relief comes at a really important time,” says Governor John Carney.
Secretary of the Delaware Department of Labor, Karryl Hubbard adds, “But we are so grateful for the flexibility we’ve been afforded to be able to get benefits out to our citizens quickly and effectively.”
As of Monday, the bill will go into effect. If you want to learn more about the bill and how if it impacts you, you can visit here.