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4/1 Tax Deadlines!!!

Business owners: The Business Personal Property Tax Return

Based on inventory, equipment, etc. that the county is taxing you on (not IRS or state taxes)

  • If you don’t do it, the county will estimate it for you and bill you in the fall.
  • Due April 1st 

Homeowners: The Homestead Extension

A county submission on the house you live in to the tax commissioner’s office in order to reduce your property taxes in your county or city each year

  • Once you do it once, you are done!
  • Due April 1st 

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Donations for Tax Deductions

Tips for Donations: Expect a 25 to 30% benefit for the value of what you are donating Goodwill has a “donation value estimator” where you

How To File Gift Taxes.

If you are gifting or receiving a gift, it is rarely ever taxable. Right now, there is a lifetime exclusion of $11 million per person