News

F.C. Seniors Learn of New Tax Relief Standards

At a forum attended by about 30 City of Falls CHurch residents at the Community Center Tuesday, F.C. Treasurer Jody Acosta and Commissioner of the Revenue Tom Clinton outlined new more generous parameters of senior tax relief that were approved by the Falls Church City Council last spring and went into effect this Jan. 1. Under the new policy, the relief is up to $4,000 per person for those with annual incomes under $22,000 and assets under $540,000.

Also, $1,000 in relief is available to households of four with annual incomes up to $68,500 and assets under $540,000.