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On June 9, the Consumer Assistance to Recycle and Save Act was passed by the US House of Representatives. The intent of the legislation is to reduce the number of inefficient vehicles on the road while, of course, spurring vehicle sales for the troubled auto industry. Read on…
Tags: Cash for Clunkers, Consumer Assistance to Recycle and Save Act, fuel efficiency program
In New York State Grievance Day is the opportunity for owners of Real Property to challenge their property’s assessment for real property tax purposes.
Each municipality has its own Grievance day. Generally towns hold Grievance Day in the spring – in Erie County towns it tends to be Read on…
Tags: equalization rate, grievance day, property assessment, real estate tax, tax
With the current bleak state of the economy, many taxpayers may find their ability to pay taxes has been negatively impacted by unemployment or corporate downsizing, loss on investments and reduced income. When in these circumstances, the reaction of many taxpayers is to ignore the problem and procrastinate in dealing with the IRS.
Not filing a tax return is NOT a good idea! Read on…
Tags: bankruptcy, installment agreements, IRS, offer-in-compromise, tax civil penalties, tax penalty abated, tax return, taxes, uncollectable tax
