Property owners across Texas make tax payments yearly on their homes and other real estate. When families are faced with tax bills that they can't pay, the situation can become frightening. If property taxes become delinquent, individuals can face losing their homes or businesses, which is one … [Read more...] about Delinquent property taxes: You might not need that loan
While Texas has a relatively uncomplicated probate process when compared to some other states, anytime you mix legal documents and court proceedings, the words simple or easy don't necessarily apply when you have little legal knowledge with which to approach the process. Whether or not a will or … [Read more...] about Getting assistance with the Texas probate process
While it's true that the Internal Revenue Service has a long reach when it comes to collecting taxes, particularly if you are delinquent on what you owe, it's also true that they can only collect what you have. Even the IRS will work with individuals who show true desire to pay taxes, and one way … [Read more...] about Reduce the burdens of paying your taxes
The Internal Revenue Service provides a process by which tax payers can make corrections to a previously filed return, even if taxes have been paid or a refund made on that year's return already. Some minor mistakes on a return don't always require an amended return, however. For example, the IRS … [Read more...] about Is amending a federal tax return a good idea?
In the past, residents of Texas and all other states were able to deduct any state sales tax paid throughout the year on their state income tax. While taking the deduction does involve a bit of paperwork -- you have to keep all your sales receipts for an entire year -- the benefit is often worth it … [Read more...] about Keep an eye on possible sales tax deduction extension
One thing many people worry about when considering their estates is how much of their assets will be lost to estate taxes. Luckily in Texas, there isn't an estate or inheritance tax, but that doesn't mean federal taxes won't come into play. Chances are, you're in luck on the federal side too since … [Read more...] about Some surprising information about federal estate taxes