Month: September 2013

Consider an appeal if your property taxes seem too high

Home prices in many parts of the country have not fully recovered, yet many homeowners are still paying property taxes that reflect appraisals performed at the peak of the housing market. According to the Congressional Budget Office, property tax adjustments…

Check your 2013 estimated tax payments

Figuring your quarterly estimated tax payments is not quite as complicated as winning a jelly-beans-in-a-jar counting contest. Still, new rules, including higher tax rates, limits on itemized deductions, and two Medicare surtaxes, add a different flavor to the calculation this…

Get ready for the net investment income tax

Are you ready for the impact of the net investment income tax? This new 3.8% tax will appear for the first time on 2013 federal returns — and you don’t want to wait until next April to find out if…