To prepay or not to prepay state and local taxes? That’s been the burning question over the past week. The Internal Revenue Service (IRS) now has an answer as to whether it might accept prepayment as a tax strategy – and not surprisingly, it’s maybe.
Read MoreTag: real estate taxes
Top 10 Most Expensive Real Estate Tax Bills Found In Just 2 States
There is some good news to be found in the real estate market these days. While home prices aren’t generally on the rise, neither are
Read MoreNew Jersey Caps Property Taxes: Will It Be Enough?
Nobody likes a tax hike. It especially hurts when you’re already tops for taxes in the nation. New Jersey, which holds the distinction of having
Read MoreReal Estate Tax Deductions For 2008 And 2009
Traditionally, taxpayers who owned homes could only deduct state and local real estate taxes if they opted to itemize their deductions. However, for the tax
Read MoreHow Much Is Your House Worth?
And why does it matter on a tax blog? Consider this. You buy a house in the midst of a housing boom. Prices go up,
Read MoreAsk The Taxgirl: Real Estate Taxes
Taxpayer asks: I stumbled here by mistake but am glad I did. I’m a first time home owner about to file his first 1040. I
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