Typically, the advertisements list the owner of the property, the legal description, and the amount of delinquent taxes to be sold. Six months after a taking or sale, either the city, town, or sometimes a third party may begin a tax foreclosure case in the Land Court. The city, town or third party begins a case by filing a complaint; the …
Transferring funds from another bank account to your Emerald Card may not be available to all cardholders and other terms and conditions apply. There are limits on the total amount you can transfer and how often you can request transfers. MetaBank® does not charge a fee for this service; please see your bank for details on its fees. Due to …
Franchise taxes allow corporations to do business within a state, though states have varying tax rates for the corporations based on their legal filing and gross income levels. Businesses that fail to pay their franchise tax can also lose their legal standing and therefore the ability to do business or remain in binding contracts in the …
Wholesalers of tobacco products must collect and send sales tax to retailers and report these sales as taxable sales on their sales tax return. Tax-exempt organizations that sell tangible personal property or telecommunications services in the regular course of business are also considered vendors and required to collect sales/use tax. Direct …
The laddering of income taxes conforms to the underlying definition of vertical equity, as those who have a greater ability to pay tax, pay a higher proportion of their income. A proportional tax, also known as a flat tax, is a type of tax system that levies the same tax rate on everyone, no matter their income level. This system is in …
The solar PV panels located on your property do not necessarily have to be installed on your roof, as long as they generate electricity for use at your residence. You own the solar PV system (i.e., you purchased it with cash or through financing but you are neither leasing nor are in an arrangement to purchase electricity generated by a …