With tax preparation season well underway, it is a good time to examine the use of the home office deduction. Often cited as a “red flag” for tax audits, the home office deduction is a legitimate business deduction particularly important for certain professionals and small…
Across the United States, builders are often charged impact fees by local governments to help pay for infrastructure associated with children in new residential developments entering the public education system. Therefore, builders have an interest in ensuring that the number of school age children in…
The 2015 American Community Survey data shows that New Jersey still leads the nation with the highest average annual real estate tax (RET) bill of $8,180—$7,528 more than RETs paid by Alabama’s homeowners. The overall distribution remained roughly unchanged since 2014, as the composition of the top…
