Thursday, February 27, 2020

Residents pay the highest property taxes in these states | Fox Business

Residents pay the highest property taxes in these states | Fox Business

A New Jersey millionaire's tax is back on the table as Governor Phil Murphy submits his $40 billion budget.

While Americans deal with a host of taxes that regularly take a chunk out of their incomes , property taxes are a particularly big deal for families in some parts of the country.

* * *

The average American family owes $2,375 in property taxes on their home annually, according to U.S. Census Bureau data analyzed by WalletHub .

Publisher: Fox Business
Date: 2020-02-26
Twitter: @FoxBusiness
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And here's another article:

Best tax software 2020: TurboTax, H&R Block, TaxAct, and TaxSlayer compared | PCWorld

The tax man cometh! In just a few short weeks it will be time to meet your maker... er... your tax collector and deliver the debt that's due. If you're an incorporated business owner, your taxes are due March 15. Otherwise sole proprietors and all the rest of us non-business owners need to file taxes by April 15.

Filing your taxes doesn't need to be a fraught experience and each of the apps reviewed here promises to make the process of filing your taxes simple and pain-free.

Publisher: PCWorld
Date: 2020-02-27
Twitter: @pcworld
Reference: (Read more) Visit Source



Mass. House leaders propose gas tax increase, raising fee on Uber, Lyft rides - The Boston Globe

Massachusetts House leaders on Wednesday unveiled a package of fee and tax hikes designed to seed the state's transit systems with new money, proposing to increase the state's gas tax by 5 cents per gallon, hike fees on Uber and Lyft rides, and raise taxes on businesses.

The long-awaited legislation would raise $522 million to $612 million more a year for transportation needs, according to House officials, in part by also eliminating a sales tax exemption that rental car companies currently enjoy when buying their fleets.

Publisher: BostonGlobe.com
Twitter: @BostonGlobe
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When it comes to taxes, residents on both sides of river have something to complain about | KATU
Publisher: KATU
Date: 2020-02-26T22:50:53 00:00
Author: Keaton Thomas KATU Staff
Twitter: @katunews
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Not to change the topic here:

8 Bad Things That Can Happen If You Don't Pay Taxes

Um, yes. Even if you don't file, your boss, mortgage company and bank are reporting to the IRS with forms that contain your name and Social Security number.

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Montclair municipal taxes to remain flat - Montclair Local News

Montclair Township's introduced $93.1 million municipal budget for 2020 reflects no municipal tax increase for homeowners for the second consecutive year. If the budget is adopted in its current form, a home assessed at $600,000 will have the same $4,698 municipal tax bill it had last year, with the municipal tax rate remaining at 0.783.

The total budget at $93,182,773 is up about $2 million from last year's $91,112,587 budget. The municipal tax levy is $55,433,295, down from last year's $58,379,393. The town saw an increase in tax ratables of $43,759,000 in 2019, and the town plans to use $7,950,000 in surplus and anticipates $2,967,066 in state aid.

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Publisher: Montclair Local News
Date: 2020-02-27T12:00:23 00:00
Twitter: @montclairlocal
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10 Tax Deductions That Save Small Business Owners Money

NEW YORK, NEW YORK - NOVEMBER 25: Lin-Manuel Miranda lights the Empire State Building blue in ... [+] support of Small Business Saturday at The Empire State Building on November 25, 2019 in New York City. (Photo by Roy Rochlin/Getty Images)

Running a business can be time-consuming and stressful. Keeping up with all the ins and outs of tax planning is often ignored. Here are 10 tax breaks for the self-employed small business owner. Take a look and see if you are missing out on some valuable tax deductions.

Publisher: Forbes
Date: 2020-02-27
Author: David Rae
Twitter: @forbes
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Opinion: How do we fix Colorado's unfair tax system? It depends on who pays.

It's likely most Coloradans don't know about an explicit prohibition in our "Taxpayer Bill of Rights" that requires a flat tax. Because of it, there aren't different tax rates for different income levels — everyone, no matter their income level, pays 4.63%. 

That's why our fiscal conversation has been a crude one for too long. We've been arguing about public funding and taxes for decades in Colorado , but our arguments have been too binary: Raise taxes or don't. Either everyone's taxes go up or nobody's do. TABOR's constitutional insistence on a flat tax has made it nearly impossible to expand the conversation beyond these two options. 

Publisher: The Colorado Sun
Twitter: @coloradosun
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