Property Tax

Posts Tagged ‘Property Tax’

How do taxes in the United States compare with the taxes of European nations?

I know the usual answer is that taxes in Europe are higher than in the US, but given the number of items we pay taxes on in the US, I wonder if that is true any more. For example, in the US we pay : Federal income taxes, some states require income tax too, property tax, taxes on utilities, taxes on petrol, taxes on cell phone service, taxes on other communications services (cable, stellite, internet), taxes on prescription medicine, and if you smoke or drink, taxes on booze and cigarettes. I might have enen left a few items out.

So, how does that list compare with what the average European would pay?

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How to report property taxes on tax refund when changed property during the year?

We sold our house and bought another one in the middle of the year. What property tax amount should i report on my income tax return? The full amount of taxes for the new property or should I report the pro-rated amount I gave the buyer of my old property and the amount paid on the new property minus the pro-rated amount the sellers gave me on my new property?
Hope this makes sense……

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What taxes should be considered when moving to a new area?

I am trying to compose a list of the important taxes/expenditures to think about when moving. I am going to use the list as a way to compare the different cities/states that my wife and I are interested in moving to.
1. Can you think of any more?
vehicle tax
property tax
school tax
local tax
vehicle inspections
income tax
sales tax
any environmental taxes/costs
estate tax

2. Can you name a place that is low in most of this categories?

Thanks
Could you name some more state examples? That was very helpful.

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Vehicle Inspections: Your Insurance Company And You

Which tax forms do I need to file if I have a rental property outside of the state where I reside?

AZ investor in CA asked:

I am a California resident and own a rental property in Arizona. Which tax forms (federal and state) do I need to file?

Justin

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Posts Tagged ‘Property Tax’

How do taxes in the United States compare with the taxes of European nations?

Accounting Sites

How to report property taxes on tax refund when changed property during the year?

Accounting Sites

What taxes should be considered when moving to a new area?

Accounting Sites

Which tax forms do I need to file if I have a rental property outside of the state where I reside?

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