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 Can my Mum give me a lump sum tax free?
My Dad died recently and everything went to my Mum, she wants to give me and my brother a lump sum each, but we are unsure of the tax implications - can anyone help?...


 The "Where's My Stimulus Check?" option on irs.gov?
Is this thing a joke? We're due to get our refund this week, but it's saying they don't have any information for us. I know it takes some time, but come on! Anyone have any luck with ...


 My son was born Feb 6th of this year, am I able to claim him on my 2007 taxes?
...


 If I am married and providing the only income for my household; can I file as head of household on my taxes?
...


 Is everyone supposed to get a stimules check???
I have not received mine yet. I only made $5000 last year, due to staying home with my daughter and son. I am recently single and I filed my tax return seperately. My ex claimed the kids......am I ...


 How do I sell my house without paying gain tax?
...


 Is it really necessary to print out your tax returns?
I did it on turbotaxonline, but I ran out of ink....


 If someone has more money than they need to live on, should the excess be taken from them?
If so, who is to determine how much one "needs"? Who is to do the taking, and on what moral and legal grounds do they have that right?
Additional Details
Related to an earlier ...


 Can my parents claim me as their dependent?
I am 19 years old.
Full time student at a state university.
I work part time and made $11,692 for 2007.
I live with my parents....


 IRS stimulus hotline/wheres my stimulus?
So i called Call the stimulus hotline. (866) 234-2942 and the website and nothing. last two are 41. i still get the *SORRY* crap. So whats the deal, i see other people getting info about it with ...


 The IRS SAYS I WORKED A JOB THAT I DIDNT?
its been going on now for a few years. no matter what i do it's not proof enough for them. i never even lived in the state that they are saying i worked in. they have tried to garnish my wages ...


 Will I get a stimulus Check?
My mother claimed me on her taxes, but a letter told her that only children born after december 1990 are eligible for the extra 300 dollars.
Additional Details
okay im sorry i didnt add ...


 Gross Salary-What is my nett?
I have seen a job that is paying £36,000 pa Gross. How do I calculate the ammount of Tax and Ni Contributiions to arrive at a monthly nett figure?
I do not have any outstanding tax from ...


 Should I declare dependants on my Tax Return?
Say "jim" was together with "sally" for 5 years and they were common law, and sally had a child. Jim took care of the child but was not the biological father and unfortunately ...


 Wait... Theres no law in the U.S. that requires you to pay Income Tax?
You pay a tax on the income that you earn and file it with the IRS but do you really have to? So why are you paying and who will get rid of it? The truth to this answer will shock you.
A...


 Why is our fuel so expensive (UK) ?
If over the past few years when the £ has been getting stronger against the $ and fuel is bought in $, why has it been getting more expensive for us ? Have I missed something or am I just not ...


 What is the most money you can make without reporting it to the IRS?
...


 How can I claim milage when I file my taxes?
I DRIVE FOR WORK TO SALES APPTS I WAS TOLD I CAN GET UP TP 30 CENTS A MILE. IF THIS IS TRUE HOW DO I GO ABOUT DOING SO....


 If I owe the IRS money and am getting a refund on my 2006 taxes, is there a way to apply that?
I'm using Turbo Tax and I don't see that as an option. Do I need to file on a 1040ez instead?

Thanks!...


 Would making community college tuition free mean more taxes for us?

Additional Details
Gov. Mike Easley & Bev Purdue wants that in my state.
Charlotte's mayor, Pat McCrory opposes it.
Is Mayor McCrory right?...



M
Do Property Taxes increase every year?
It increased about 1500 from last year. This is the 2nd year that we've owned our house. What to do?
                     
 




PepsiLime
Rating
Pay them or try challenging what your house is assessed at for tax value purposes. Property taxes are based on 2 things, tax rate, and assessed value. Just to let you know though, expenses for a town/city keep on increasing year after year, so therefore the revenues have to keep increasing year after year to keep pace, and Property taxes are a major source of revenue to the town/city.


Irish
Rating
No, they don't go up every year to answer your question. As for what to do, you have to ask the assessment people what's going on.


Judy1
Rating
Not necessarily, but they often do. An increase can be due to an increase in your assessment, or in the tax rate. You can appeal your assessment if you don't think it's accurate. If the tax rate goes up, not much you can do about it.


mitchellar31
If you do house improvements or the neighborhood increases in value ( homes around yours) your property taxes will go up. My mom and dad's property has been the same for property taxes in the last five years, but now that the land has been appraised for higher their taxes will go up.


Cheryl G
Rating
Contact the tax assessor's office and ask your question. Usually, increases do not come every year, but properties are re-assessed every five to ten years. You have the right to appeal any increase in property taxes and the assessor's office can tell you how to do it.


spunky monkey
Yes they go up, but not as much as rent does ; )


r_kav
Property taxes do increase most years. That is called "inflation".
Welcome to the world of homeownership!


financing_loans
They will go up and down depending on the market. They access a value and thats what they go with. The market currently is lowering in most areas. So they could go down next year.

If you dont agree with your property value you can have appraisals made that shows your home is not worth what they are accessing it at.

Call you county accessor. Just be warned if you do the appraisal option it could go up in value and you pay more.


Princess Leia
Rating
Yes, property taxes increase every year. Depending on the state, the assessed value of your home can be increased a certain percentage every year (in CA, I think it's 2%). Plus, there could be special assessments, bonds, etc. that cause the property taxes to increase.


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