January 9, 2009
NJ Assembly Considering Property Tax Cut
Six months into a special bid to cut the nation's highest property taxes, the Assembly on Monday is set to consider a proposal that would provide a 20 percent property tax cut for most homeowners and restrict future property tax increases to 4 percent per year.
TAX inspectors will cross-reference property sales with tax returns to make sure investors pay capital gains tax. The Australian Tax Office's yearly tax return crackdown will also focus on teachers, chefs and builders as it examines work-related expenses more closely.
Bigger donations, lower tax bill?
A provision in the tax relief package to aid victims of Hurricane Katrina may cost the government billions in lost revenue, according to a report Thursday.
Federal Income Tax Due On 12 -
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