Search results
Results from the Tech24 Deals Content Network
A tax sale is the forced sale of property (usually real estate) by a governmental entity for unpaid taxes by the property's owner.. The sale, depending on the jurisdiction, may be a tax deed sale (whereby the actual property is sold) or a tax lien sale (whereby a lien on the property is sold) Under the tax lien sale process, depending on the jurisdiction, after a specified period of time if ...
Median household income and taxes. Most local governments in the United States impose a property tax, also known as a millage rate, as a principal source of revenue. [1] This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio ...
A special-purpose local-option sales tax ( SPLOST) is a financing method for funding capital outlay projects in the U.S. state of Georgia. It is an optional 1% sales tax levied by any county for the purpose of funding the building of parks, schools, roads, and other public facilities. [1] The revenue generated cannot be used towards operating ...
A business improvement district ( BID) is a defined area within whichever businesses elect to pay an additional fee (or assessment) in order to fund projects within the district's boundaries. A BID is not a tax, as taxes fund the government. BID funds are collected and used for the exclusive benefit of the industry that pays the assessment.
The answer to this question is pretty simple. If you sold a handful of personal items at a garage sale (or via eBay or another online auction site) you don't have to report this income on your ...
Private electronic market. Software. v. t. e. Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. [1] [2]
If they were to sell the house, they would pay capital gains taxes on $400,000: Sale price ($500,000) – Original cost basis ($100,000) = $400,000.
In the United States, business improvement districts are typically funded by an additional tax assessment, [2] with the tax increase going toward improvements of the area. By 2010, BIDs had been used in nearly 1,000 major cities and small towns throughout the United States, including most major U.S. cities that have multiple BIDs.