Articles for tag: Domestic Partners, Homestead Exemption, Tax Assessor, Tax Exemptions

Property Tax Exemptions in Oregon

Property taxes in Oregon are administered by the counties. Tax rates are established in terms of $1,000 of assessed value. According to the Oregon.gov website, the Oregon Constitution limits increases in the maximum assessed value of a property to no more than 3% a year. But there are exceptions such as an addition or a ...

Property Tax Relief in Rhode Island

Property taxes in Rhode Island are high compared to the rest of the country. According to the Tax Foundation, Rhode Island ranked fifth among the states in 2009 with median property taxes of $3,618 paid on homes. The state ranked twelfth in terms of taxes as a percentage of home value, at 1.35%. Property taxes ...

Property Tax Breaks in Mississippi

Property taxes in Mississippi are assessed and collected by counties, municipalities, and school districts. Taxes are calculated as the true value of the property times the assessment ratio. The assessment ratio for single-family, owner-occupied residential property is ten percent. The local millage rates are applied to the assessment value to determine the amount of the ...

Property Tax Relief in Delaware

Property taxes in Delaware are levied at the local level. Each county has its own property tax rate and assessment ratio. In addition to the county taxes, there are property taxes for cities, school districts, libraries, vo-tech, and crossing guards. The Delaware Economic Development Department provides a list of tax rates applicable in each county ...

Property Tax Exemptions in California

Property taxes in California are assessed by counties, cities, schools and special districts, with oversight from the California State Board of Equalization, which administers property exemption forms. As explained on the California Tax Data website, property tax bills consist of a general tax levy, which is 1% of the total assessed value of the property ...

Karla News

Property Tax Breaks in New Mexico

Property taxes in New Mexico are assessed by local governments and rates vary considerably across the state depending on the location and the type of property. The taxable value of residential property is one third of the assessed value and there are exemptions for heads of families and veterans. Property tax valuation increases are capped ...

Karla News

Estate and Inheritance Taxes in Indiana

Death, just as most things in life, is subject to taxes at both the federal and state level. The federal estate tax applies on the value of the assets a person leaves behind. For the year 2008, this tax applies on estates with a total value of $2 million or more. In 2009, only estates ...

Karla News

Property Tax Breaks in Nevada

Nevada provides for property tax exemptions for certain qualifying individuals including surviving spouses, veterans, disabled veterans, and blind persons. The exemptions are expressed in assessed value amounts. The assessed value for property tax purposes in Nevada is 35% of the taxable value. property tax rates vary by location in Nevada, so the assessed value exemption ...

Karla News

Texas Upgrades It’s Tax Law for New or Used Cars

Effective October 1, 2006 Texas will have a new law fall into play upon purchasing new or used cars. Eighty percent of the blue book value will be paid in taxes by anyone purchasing from an individual. This includes purchasing from a family member or being given a car from a family member either out ...