THE NEW MARKETS TAX CREDITThe New Markets Tax Credit (NMTC) Program permits taxpayers to receive a credit against Federal income taxes for making qualified equity investments in designated Community Development Entities (CDEs). Substantially all of the qualified equity investment must in turn be used by the CDE to provide investments in low-income communities. The credit [...]
Just because the Estate Tax has been phased out in 2010, don’t be lulled into thinking it won’t be back with a vengeance. On the books, it’s slated to return with only a $1 million exemption. Efforts to get rid of it altogether have failed. The government will be looking for more money anyway now [...]
Many homeowners do not understand much about real estate taxes and for this reason can end up in the position of losing their homes. Real estate taxes or property tax is normally calculated on the land value, the location, the county laws, and other factors. Real estate taxes are utilized for the upkeep of roads [...]
Floridaâ??s real estate tax laws can be tricky to understand. There are several factors which affect the size of your property tax bill, so if youâ??re buying property in Florida or are relocating, itâ??s important to understand how taxes are calculated. Property values are in constant flux just as the real estate market is, so [...]
