income taxes

Title Tip: IRS Liens Are The Pitfalls of The Tardy Taxpayer

By Lydia Blair / April 6, 2021 /

We’ve all heard the saying that the only certainties in life are death and taxes. I propose that the only certainties in real estate are ownership and taxes. From a real estate prospective, your annual tax bill from the county is not the only concern. The taxes in real estate can go beyond property taxes.…

Do You Really Want to Deduct Your 2018 Property Taxes?

By Bethany Erickson / January 4, 2018 /

Over the  Christmas-to-New-Years week, a steady question was being asked all over Texas, thanks to the new tax bill signed by President Donald Trump last month — “Can I pay my 2018 property taxes early to take advantage of one last deduction?” The answer is well, yes and no. The Internal Revenue Service released an…

51% of Americans Pay Zero Income Tax: Get Ready for DC to Target the Home Mortgage Deduction

By Candy Evans / July 13, 2011 /

Texas Senator John Cornyn is aflutter over this factoid: 52% of Americans pay zero income tax, he says? Say what? That’s way higher than I would ever dream! The Joint Committee on Taxation, which scores the cost of tax legislation for Congress, pointed this out in a recent report. The committee’s report further showed: While 22…

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