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Category Archives: Taxes
Statute of limitations for tax records
One of the most common questions tax-payers ask themselves is when to toss out tax records. The bare minimum should be three years but there are other factors to take into account when figuring out if you need to keep … Continue reading
Average tax refund drops to $2913
According to the latest filing statistics from the IRS, taxpayers received tax refunds averaging $2,913 in 2011 which is a 3% decrease from last year’s average of $3,003. In terms of total returns, the IRS gave out 109.3 million refunds … Continue reading
Constitutional Amendment Proposition 1
Proposition 1: “The constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of all or part of the residence homestead of the surviving spouse of a 100 precent or totally disabled veteran.” Yes: 82.9 percent No: … Continue reading
News From Harker Heights Real Estate
5 Property Tax Questions You Need to Ask 1. What is the assessed value of the property? Note that assessed value is generally less than market value. Ask to see a recent copy of the seller’s tax bill to … Continue reading
2011 Tax Review
A recent public notice was posted in the Killeen Daily Herald (May 12, 2011) by the Bell County Tax district. It is a notification on how to file a Property Tax Protest and Appeal Procedures. You may file an appeal … Continue reading
Posted in Taxes
Tagged 2011 taxes, bellcad, copperas cove, ft. hood, Killeen, killeen daily herald, Real Estate, tax review
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