Do Florida taxpayers get a good ROI? New report ranks every state.

Wednesday Mar 29th, 2017

Share

  Source: WalletHub We all know that a good chunk of our income goes to Uncle Sam and the state, but how much return are we getting on our tax investment? That's the subject of a new WalletHub report, which breaks down the "Taxpayer ROI" for all 50 states and Washington, D.C. And for those of us living in Florida, the outlook on returns is pretty sunny. The state ranks close to the top of the list overall for taxpayer ROI. To compile the report, the Washington,... [read more]

Property tax resolution passes Legislature; it may take effect in 2019

Tuesday May 2nd, 2017

Share

  A joint resolution proposing to increase the state homestead exemption passed the Senate and the House in the Florida Legislature on Monday. House Joint Resolution 7105 has to go before voters in next year's election and get enough votes to amend the Florida Constitution. House Joint Resolution 7105 proposes to increase the exemption on the assessed value greater than $50,000 and up to $100,000. Right now, property owners can claim $25,000 in homestead exemption. That means... [read more]

How Trump’s plans could affect the real estate industry

Wednesday Mar 8th, 2017

Share

As we continue to learn more about the new president, one thing is certain — change is on the horizon. While the exact form and impact of these changes remains widely speculated, it is almost certain that significant tax reform is coming for the real estate industry. It’s expected that certain cuts will have to be made in order to avoid increasing the deficit. The question remains: what compromises will take place as Congress wrestles with how to pay for these changes? For... [read more]

Florida is among states with lowest tax rates in US

Thursday Mar 16th, 2017

Share

With April 18th a month away, now’s as good a time as any to start thinking about filing your taxes if you haven't already. You're not alone if you haven't gotten around to it yet — Americans are filing taxes slower this year, according to the IRS. The average U.S. household pays more than $5,700 in federal taxes, according to the Bureau of Labor Statistics, but state tax burdens vary greatly. Taxpayers in states that are the most tax-expensive pay three times... [read more]

READ MORE

Web4Realty

Real Estate Websites by Web4Realty

https://web4realty.com/