income taxes

Do You Really Want to Deduct Your 2018 Property Taxes?

By Bethany Erickson / January 4, 2018 / 3 Comments
tax

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 […]

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

By Candy Evans / July 13, 2011 / 0 Comments

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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