Senate Bill 4 has passed and heads to the House now, promising an increased homestead exemption for Texas property taxpayers.

Texas Senators voted unanimously to increase the homestead exemption to $140K to provide tax relief to Texans. If passed in ...

The marquee proposal would increase the amount of a home’s value exemption from school taxes to $140,000 from $100,000. The ...

If the Legislature approves SB 4, Texas voters would have to approve the amendment to the state Constitution to make the tax ...

SB 4 would increase the Homestead Exemption from $100,000 to $140,000, and up to $150,000 for seniors and disabled people.

For the third time, state Sen. Al Cutrona introduced legislation to exempt certain guns and ammunition from state sales and use tax. The proposal from Cutrona, R-Canfield, also would establish a tax ...

What is a tax exemption, and why should you care? Wouldn’t it be great to pay less in taxes and keep more of your hard-earned money? That’s exactly what tax exemptions help you do. These are ...

I discussed Texas franchise tax nexus in a prior post, which can be found here. However, there is a different (albeit similar) set of rules for Texas sales and use tax nexus. As with Texas ...

But those parameters vary by state. In some states, only a surviving spouse is exempt. There are also thresholds about the amount of money that trigger the tax that vary by state. The higher the ...

Budget 2025 Expectations Income Tax: As Budget 2025 approaches ... the population and enhancing disposable income for lower and middle-income earners. Revised Exemption Limit for Long-Term Capital ...

And in a potential change that shoppers could notice at the grocery store, the governor is seeking to cover a small portion of the spending by removing the sales tax exemption from candy purchases.

Texas has a new homestead exemption audit requirement for homeowners. The 2023 law is meant to make sure you are still the homeowner for the property that's getting a tax break. If you get a ...