The commissioners of Palm Beach County, Florida recently voted (unanimously) to cut the millage rate for property taxes from $4.715 to $4.5. Millage is the amount of tax per $1,000 of taxable...
Category: Taxes
Grants and tax credits are two types of free money that are available to many small businesses. In this article, I go over 11 different types of grants and tax credits that are available to...
Hunter Biden, son of President Joe Biden, has agreed to plead guilty to criminal federal tax charges. Hunter was charged with two counts of willful failure to pay federal income...
Texas Governor Wants to Eliminate Property Taxes. Can the State Afford It?
"Texans want to own their property, not rent it from the government." Texas Governor Abbott The median Texas property value went up by over 40% during the pandemic, according to Zillow. That...
Texas has no state property tax. However, the Texas Constitution and statutory laws authorize local governments such as cities and counties to set and collect property taxes. Each local government...
If you don't have all the information you need to file a tax return by the normal April deadline, you can get an extension until October 15 (or the first business day after that if the 15th is a...