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As you devour this article, remember that the rest of it contains valuable information related to dallas property taxes and in some way related to Arizona property tax rate, software, business property tax or calculating property taxes for your reading pleasure.Having a second home is becoming more attractive because of its tax benefits. However, it can be confusing. Having a second home has different tax advantages but you have to check with your accountant or similar advisers because tax regulations change from time to time.If you have a 1200 square feet house and your neighbour's house is 1400 square feet then in theory, your neighbor's taxes should be higher.Your First Home Tax Credit/Loan buyers are entitled to a $7,500 tax credit if they earn less than $75,000 a year. If a buyer has not owned a home in the past three years, and falls in the eligible income range, they can take a tax credit worth 10% of the home's sale price, up to a maximum of $7,500. This applies to homes that have closed between April 9, 2008 and before July 1, 2009, and can be applied to either the 2008 or 2009 taxes.As detailed as this article is, don't forget that you can find more information about...more
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Author: Rex CamposagradoThe Internal Revenue Service (IRS) plans to regulate the U.S tax preparers from the 2011 tax season. This includes mandatory registration, competency testing and continuing education requirements for tax preparers. Tax preparers, such as H&R Block Inc. (HRB - Analyst Report) and Jackson Hewitt Tax Service Inc. (JTX -...more
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Tax Planning: What You Should Know Before You Prepare Your Tax – Part 1 Last minute tax preparation is common today. A small mistake in you tax filing can become big trouble. Not only that, you could loose a lot of money if your tax...more
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