Although these assets are no longer functional and are not being depreciated on the books, they continue to appear on the personal property tax rolls and are subject to tax. Vineyard owners must take ...

many Missourians have received a personal property tax assessment form in the mail. It lists all the personal property the county believes an individual owned as of January 1. If an item is listed and ...

When it comes to estate taxes, the Internal Revenue Service (IRS) expects all tangible personal property to be properly ...

16, 2017. Different tax rules apply to the mortgage interest deduction depending on whether your second home is considered a personal residence or a rental property. With rentals, the number of ...

Planning to sell your house? Certain furnishing and interior expenses may help reduce your taxable capital gains, provided ...

To really measure the impact of a no-income-tax policy on household income, you need to consider things like sales and property taxes ... paying more for essential items. The income-tax free ...

Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...

In the first case of energy property costs, you'll get a flat tax credit of $50 to $300 for installing Energy Star-certified items like heat pumps, water heaters or furnaces. In the second case of ...

excise taxes, and property taxes. Still, it's a good idea for anyone who qualifies for refundable tax credits or who had taxes withheld from their paychecks to submit a tax return. Not submitting ...

Using what’s referred to as the SALT deduction, homeowners can write off up to $10,000 in personal property taxes as well as state and local taxes, local sales tax, and in some cases even state ...

“It fits well in a year when you have a windfall,” says Brian Kearns, CPA, CFP, founder of Haddam Road Tax and Consulting and co-chair of the Illinois CPA Society's Personal Financial Planning ...

Personal property taxes include vehicles, boats, farm equipment, and farm animals. You will only be taxed on the items you owned on January 1st, last year. “The key is the envelope has to be ...