The US tax system is set up on both the federal and the state level. There are several taxes which citizens must file. These taxes include: income tax, capital gains and sales tax....
Posted by Don Bell Law on 10/01/2020
An overview of spousal liability concerns in the world of income tax.To be able to understand this concept better, we will create a scenario where we have imaginary characters. "For...
Posted by Flynn Financial Group Inc on 09/02/2020
People that own a car or a truck will not be strangers to property taxes. These are taxes levied by the local government. The government uses the money majorly for projects and other...
Posted by James Financial Services Inc on 08/30/2020
Property taxes are an important source of revenue for the city, state, and federal governments, which use the money to finance projects such as schools, road construction, maintenance,...
Posted by Don Bell Law on 07/16/2020
Your property taxes are set to rise substantially, if you reside in certain areas of the city of Chicago. You could end up paying 11 percent more than you currently do.The rise in...
Posted by BEST FINANCIAL GROUP LTD on 10/25/2019
Taxpayers living in states with “higher” property taxes such as New York may want to find out whether or not it makes sense to pay your 2018 property taxes before December...
Posted by BEST FINANCIAL GROUP LTD on 01/22/2019
There is a new tax law that sets off the scramble of final-minute tax moves as the taxpayers were trying to increase the property tax deduction. But, all of the prepayments were not...
Posted by BEST FINANCIAL GROUP LTD on 09/07/2018
There are thousands of taxpayers lining up to prepay taxes of their property before implementation of the tax laws in the upcoming New Year. Initiating January 1st, local and state...
Posted by BEST FINANCIAL GROUP LTD on 07/30/2018
The highest property taxes in the United States is found in Illinois. The state has an overall average effective tax rate of 2.32% which is almost double of the national average. Most...
Posted by BEST FINANCIAL GROUP LTD on 06/08/2018
