What Is the Purpose of Property Taxes?

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Property taxes provide a revenue stream for government operations. Although the details vary depending on where you live, property taxes generally fund both state and local government operations, at least in part. Generally a County Assessor or County Treasurer will collect property taxes and then d

The Negative Effects of Street Sign Stealing

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Street signs are meant to stay where they are installed.street signs image by Valery Shanin from Fotolia.comSigns which are put up on streets are meant to direct drivers on the road or advertise different things or hazards. People have been known to steal these signs as they can become...

Poll Tax Law

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Requirement of poll tax in order to vote has been declared unconstitutional by the Supreme Court. Those with specific tax law questions should speak to an attorney.

Tax Deductions for Transportation Workers

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The transportation industry is a significant sector of the U.S. economy and generates an incredible amount of revenue. However, the expenses incurred in moving large amounts of material and large numbers of people mean that margins can be thin. In order to ease the tax burden, many of these expenses

Does Donating Reduce Your Federal Taxes?

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Donating items or money to charitable organizations, churches, relief centers and other nonprofit groups may cause your tax bill to decrease. However, not every person who donates money or items to charity is able to deduct his donations from his tax bill. You must take into account tax filing prefe

Federal Income Tax & Child Support

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Child support is the financial obligation a noncustodial parent has to his children. For federal income tax purposes, neither parent owes taxes on these payments beyond initial income taxes withheld from income earned. The IRS also prohibits the noncustodial parent from claiming support payments as

Does Connecticut Offer Property Tax Discounts?

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In Connecticut, all residents and nonresidents who own real property within the state are subject to local real property taxes. However, Connecticut offers residents several opportunities to reduce their property tax bills. The Homeowners' Elderly and Disabled Tax Relief Program, known as the Circui

Louisiana State Tax Laws

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Louisiana state tax laws address many issues.Louisiana state contour against blurred USA flag image by Stasys Eidiejus from Fotolia.comLike all states, Louisiana taxes its citizens in order to pay for the services that the state provides. Louisiana state tax laws are collected in the...

How to Do a Title Search on a Property in North Carolina

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Purchasing property without reviewing the title is the biggest mistake any buyer can make. Property titles include the complete history of the property and land. Reviewing the title can save you a ton of money and headache because you will know the sales history, value and whether there are any lien

Punishment & Penalties for Tax Evasion

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The IRS may criminally harge taxpayers that engage in tax evasion.tax forms image by Chad McDermott from Fotolia.comThe deliberate failure to pay taxes is considered tax evasion. There are many ways to engage in tax evasion, such as intentionally submitting a false return to the Internal...

What Is Federal IRS Mileage Reimbursement?

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The first time many people realize that the federal government gives a tax credit for miles on their car tends to be when they reach the tax form section asking about job expenses or business expenses. This unique feature takes into account car wear and tear and provides a partial reduction of taxes

IRS Inheritance Tax Information

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The federal government, or the IRS, does not impose or collect an inheritance tax. The IRS does collect an estate tax, but that tax does not apply to individuals who receive an inheritance. If you receive an inheritance, you only need to worry about state taxes, not federal taxes.

What Is the Star Rebate Tax Credit?

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The Energy Star program is jointly administered by the U.S. Dept of Energy and the U.S. Environmental Protection Agency (EPA) and provides tax credits to individuals and businesses purchasing products that are considered to reduce (or deter) energy consumption. The program provides a 30 percent tax

Single Vs. Head of the Household on Your Taxes

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If you are unmarried on the last day of the tax year, the two tax return filing status options available to you are single and head of household. Since the head of household filing status provides more tax savings than the single status, there are, as you may expect, a number of requirements you mu

Federal Income Tax Bankruptcy Laws

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In filing personal bankruptcy, you need to consider several factors regarding your federal income taxes, according to Bankrate and the book "How to File for Chapter 7 Bankruptcy." Not only will bankruptcy negatively impact your credit reports for seven to 10 years, but it may not...

Can You Write Off a New Dishwasher on Your Taxes?

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Tax deductions and tax credits change to reflect certain behaviors that the federal government wishes to encourage. Beginning in 2009 with the American Recovery and Reinvestment Act, the government encouraged taxpayers to purchase energy efficient appliances for their homes in exchange for a tax cr

Death Without a Will in Virginia

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If you're concerned about how your property or assets will be distributed upon your death, you should consider drafting a last will and testament. Each state has different laws concerning who may draft a will and how. In Virginia, wills and inheritance rules are covered under Title 64 of the state l

What Federal Tax Returns Are Required for LLC?

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When filing a federal tax return, an LLC must file as a corporation, partnership or sole proprietorship.TAX TIME image by brelsbil from Fotolia.comA limited liability company, or LLC, is a state statute--created business entity. The LLC structure is popular among businesses because it...

Nonprofit Fundraising Laws

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Many nonprofits rely on donations to carry their missions.gift of money image by palms from Fotolia.comNonprofit organizations provide programs and services that fulfill a need, such as homeless shelters and health agencies, usually at little or no cost to the recipients. Since nonprofits...

Massachusetts Business License Requirements

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Business plans assist business owners in starting a business.house plan business documents image by scalesy from Fotolia.comMassachusetts ranks No. 5 on CNBC's list of the best states for businesses, according to a July 13, 2010 story in the Boston Herald. Many factors should be...