Tax

Unlocking Savings: Florida Homeowners Urged to Challenge Property Tax Assessments Before Time Runs Out

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TAMPA, Fla. — As summer approaches, residents across Florida are bracing for property tax assessments arriving in their mailboxes. Many homeowners believe these assessments are set in stone, but a local attorney encourages them to explore their options for contesting these figures. Patrick Risch, who oversees the real estate litigation division at Hill Ward Henderson, advises property owners that their assessed value is not definitive. He points out that the assessment, ultimately, reflects an opinion shaped by market conditions and can sometimes be influenced by automated systems. “Assessments are based on market evidence, but remember, … Read more

Missouri Lawmakers Aim for Fairness in Property Tax Assessments Amid Rising Discrepancies

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LEBANON, Mo. — Missouri lawmakers are working to amend inconsistencies in the state’s property tax system, aiming to create a more equitable landscape for property owners. “It’s a chaotic situation,” said Representative Jim Murphy, emphasizing the disarray regarding property tax rates across the state. On Wednesday, lawmakers from over 20 districts gathered in Lebanon to discuss the ongoing challenges with property taxation. Murphy highlighted the stark discrepancies in tax assessments, noting that some residents experience tax increases of up to 40 percent, while others see far less, sometimes as low as 4 percent. “While the … Read more

North Dakota Enacts Sweeping New Laws: From School Cellphone Bans to Tax Reforms and Enhanced Driver Regulations

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FARGO, N.D. — Beginning August 1, new legislation will introduce significant changes in North Dakota, impacting daily life across the state. As cities like Fargo work through budgetary challenges exacerbated by recent reforms limiting annual property tax increases, local officials are looking for alternatives to close budget shortfalls. Among the notable laws is a measure that prohibits the use of cellphones in public schools throughout the academic day, save for specific exceptions. School districts have been actively preparing to implement and enforce this policy in anticipation of the new school year. Motorists in North Dakota … Read more

"Navigating New Tax Laws: What Freelancers and Gig Workers Need to Know for 2025"

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On July 4, 2023, President Donald Trump enacted a substantial tax overhaul that will affect freelancers and gig workers in the United States. This new legislation, which aims to simplify the tax landscape, introduces changes that could be beneficial for those navigating the unpredictable income associated with non-traditional jobs, such as delivering for DoorDash or working independently. Freelancers often face additional challenges during tax season due to varying income streams. David De Jong, a tax attorney at Stein Sperling, emphasizes that understanding these new provisions is paramount for all taxpayers, regardless of their income level. … Read more