Still Life
University Park Airport Emergency Response Exercise
Commencement across Penn State: Spring 2012
Spring commencement 2012 under way
Penn State, Moroccan students problem-solve together
Finals Week Spring Semester 2012
Painting the Lines at Beaver Stadium
Did They Get It Right? - RedTails
Iconic Penn State elm taken down over spring break 2012
We ... are Penn State (December 19, 2011)
Disease stricken matching elm tree slated for removal
Penn State's creamery, from the cow to the cone
High-tech training may trump tax breaks for creating more jobs and improving a state's economy, according to a team of economists. "We found that lower state taxes were not statistically associated with a state's economic performance," said Stephan Goetz, professor of agricultural economics and regional economics, Penn State. "The tax climate was not linked to either growth or income distribution." (more)
Penn State Cooperative Extension, in conjunction with the Penn State Dickinson School of Law and Penn State's Department of Accounting, is sponsoring the U.S. Internal Revenue Service's Volunteer Income Tax Assistance program, from now through April 14 on the University Park campus. (more)
The Earned Income Tax Credit is an important tool for lower-income wage earners to make ends meet. But a family-finance expert in Penn State's College of Agricultural Sciences said many eligible families don't take advantage of the credit. Robin Kuleck, Penn State Extension family financial-management educator in Elk County, said the complexity of the tax return filing process may keep some people from realizing that they qualify for the credit. (more)
The W-2 and 1040 forms are flying, so it must be income-tax-filing season. A Penn State Extension money-management educator says it's not too late to do something today that can make your 2009 tax filing less "taxing." Federal tax law permits people who fall within income guidelines to establish and fund an individual retirement account, or IRA, to reduce their taxable income by paying into that account. And Robin Kuleck, Penn State Cooperative Extension director in Elk County, said an often-overlooked tax provision lets you reduce your 2009 tax bill by making a contribution to your retirement fund even after the calendar year has ended. (more)
Many people pride themselves in being do-it-yourselfers, even when it comes to preparing their annual income tax returns. A consumer-finance educator in Penn State's College of Agricultural Sciences warns that anyone who has signed a natural-gas rights leasing contract in the past year should avoid the temptation and look to tax experts for filing help. (more)
