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Tax Information
More Articles from Tax Information: A hurricane is coming to tax systems The Economist Abbott Says $7.5 Billion Border Reimbursement Could Help Fund Property Tax Relief texasscorecard.com Commentary: Property tax debate should focus on addressing assessed value Indiana Capital Chronicle How Meta Uses A.I. Data Centers to Avoid Billions in Federal Taxes The New York Times Amendment 87: A graduated income tax would raise taxes on Colorado’s highest earners The Colorado Sun Portland Metro Chamber CEO sues city over arts tax increase Oregon Public Broadcasting - OPB Portland’s business lobby just sued the city over a $15 arts tax increase. The stakes are much higher OregonLive.com Steve Erdman: Nebraska must overhaul tax system to prosper newsfromthestates.com Cambridge Increases Property Taxes for Second Consecutive Year The Harvard Crimson Addressing Income Verification Challenges in Refundable Tax Credits Bipartisan Policy Center State lawmakers are expanding tax breaks to draw a steel plant to southeast Iowa - Iowa Public Radio Texas seniors benefit the most from homestead exemptions, study says The Texas Tribune Proposition 136 would cap Colorado’s income tax at current rate The Denver Post Understanding the Property Tax Amendment (Amendment 3) City of Melbourne, Florida Propositions 41 and 43 aim to curb new taxes in California The Center Square Washoe County property taxes due October 5, 2026 Washoe Life (.gov) Marin County to Issue Revised Tax Bills for School District Direct Charge Revision County of Marin (.gov) Ohio's fuel tax holiday includes gas and diesel, but no breaks for EV or hybrid owners The Statehouse News Bureau 2026 Voter Insight Panel: Surveillance, AI, and Property Taxes Central Florida Public Media Taxes and voter ID: What North Carolina voters will decide on the ballot this year - Queen City News Top Democrats battle over California's proposed billionaire tax ABC News - Breaking News, Latest News and Videos Proposition 136: Colorado income tax limit would hinder attempts to increase taxes on the rich The Colorado Sun Trump is auto-enrolling your kid in this program — and it may create tax consequences for you San Francisco Chronicle What’s Working: Gov. Polis picks 91 Colorado regions for potentially billions in investment The Colorado Sun High gas prices are spurring states to waive taxes and regulations amid midterm election ABC News - Breaking News, Latest News and Videos What Has the County Done With a Third of Your Property Taxes? Community Reporter Gov. Kim Reynolds signs law allowing $1.4B in tax incentives for steel mill project Iowa Capital Dispatch Tax Results for the City of Santa Barbara The Santa Barbara Independent Byrne Proposes Record $6.5 Million Property Tax Levy Cut in 2027 Executive Budget putnamcountyny.gov Dallas Stars CEO pushes back on arena tax claims FOX 4 News Dallas-Fort Worth Amendment 87 asks voters to remake tax code, raise tax rates on the very highest-earning Coloradans The Denver Post Proposition 137 would set aside $175 million in sales taxes for conservation, wildfire prevention The Denver Post Tax Credits, Incentives, and Technical Assistance for Geothermal Heat Pumps Department of Energy (.gov) ‘No shallow answers’: Candidates talk taxes, schools and quality of life at voter forum dailyjournal.net Fact check: Could California lawmakers expand the billionaire tax to everyone? The Voice of San Francisco A Court Rules That San Francisco's Empty Home Tax Is Illegal Reason Magazine Oklahoma Charter School Owners Dispute $76 Million Excise Taxes news.bloombergtax.com Financial report estimates impact of tax rate election for Round Rock ISD voters Community Impact Newspaper Taxes and voter ID: What North Carolina voters will decide on the ballot this year - Queen City News Crowley Plans to Raise Taxes on Milwaukee County Families… Again Urban Milwaukee Why some California healthcare groups oppose a tax that would send 90% of its money to healthcare capradio.org Critics: Property tax amendment could do more harm than good dailyadvance.com Palm Coast Provides Information on Proposed Property Tax Amendment City of Palm Coast, Florida (.gov) 'It's incredibly out of touch': Senator rejects expanding WA's millionaires' tax to $250K earners MyNorthwest.com There is a school tax cap question on your ballot this year. Here's what it means. New Hampshire Public Radio A Wright County city is expecting no property tax increases this year 5 EYEWITNESS NEWS Ohio lawmakers approve 90-day gas tax holiday just weeks ahead of election ohiocapitaljournal.com ‘There Are Going to Be Cuts’: Durham Officials Warn Tax Measures Could Hinder School Funding INDY Week 4 factors that could influence whether Democratic governors opt into federal education tax credits Chalkbeat Proposition NN would bridge Colorado’s gap in education funding, forgoing tax refunds The Denver Post A year after federal EV tax credits ended, a patchwork of state EV incentives remains marketplace.org Protests from the City about bank tax ring hollow Financial Times Proposal to combine treasurer, tax collector to appear on November ballot in Craighead County K8 News | Jonesboro, Arkansas Bailey, Crosby clash on taxes, trash, homelessness, rent control San Diego Union-Tribune Morris Township Committee candidates debate affordable housing, taxes and the Abbey Morristown Green Ballot Issue 7A would expand passenger rail across metro Denver, Front Range through sales tax The Denver Post Polis Pushes Conservative Group’s Anti-Tax Argument Colorado Times Recorder Craven County Launches myCravenCountyNC, A Modern Way to Pay Property Taxes Online Craven County (.gov) Governor signs law allowing $1.4B in tax incentives for steel mill project Bleeding Heartland Can a wealth tax solve our political and fiscal problems? The math says no. The Washington Post |
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As a home-based business professional, there are a number of deductions you are entitled to which many tax preparers often miss. For example, if you run a home office you are entitled to deduct expenses for the percentage of square footage the home office is occupying. Expenses include the combined total of mortgage interest, property taxes, utilities, repairs, etc. For example, if 250 square feet of a 1,000 square foot house is being used for a home office, you are entitled to deduct a quarter of your total expenses. Although some deductions may seem minor, over an entire year, they can add up to thousands of dollars that you are unnecessarily paying the IRS. That is money that you could be using to grow your business. Karen McClafflin, owner of home-based Secret Canyon Realty in Colorado Springs, CO, was able to recover $11,000 when her tax preparer failed to include home office and automobile deductions in her past returns. 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