Taxes

Common-law marriage has been practiced in the United States since the 1870s. The rules are still applied to any unmarried couples living together that meet certain conditions. If you’re thinking of moving in with your partner, that’s great. However, there are definitely some things you need to be aware of before you start pooling assets […]

The best advantage that retirement brings is that you no longer need to be tied down to your job. Retirees can take this opportunity to relocate anywhere they want. That is why you may see many retirees relocate during their senior years. When choosing a state for your retirement, it is important to consider the […]

A homestead exemption is a provision that helps certain taxpayers reduce their property taxes (and protect the homestead from creditors) following the declaration of bankruptcy or death of a spouse. The exemption lowers the taxable value of a property by a certain amount. This is done based on a graduated scale. That means that lower […]

As a first-time homeowner, you may be aware of some of the additional costs of homeownership. This includes mortgage closing costs, homeowner insurance, monthly mortgage payments, and utility bills. However, one of the costs that rookie homeowners often overlook is property taxes. This is a simple tax on real estate properties. The amount is determined by […]