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The IRS has never been known as a creative beaurocracy. To promote donations to Katrina victims, however, it is being very creative.
The IRS has come up with Hurricane Katrina Leave Donation Program to help out those in need through special tax treatment rules. In a ground breaking program,…
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The U.S. Department of Agriculture estimates that it costs nearly $15,000.00 a year for a middle-class family to raise a child born in 2002 to age 17 (without adjustment for inflation). In recognition of this cots, you can claim a tax credit each year until your child reaches the ago of 17. The c…
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Government auctions and tax sales generally occur when a homeowner is unable to pay the property taxes on their home, or their home is abandoned.
In the U.S., when city or county taxes aren’t paid for an extended period of time, the property is considered “sold to the state,” meaning tha…
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