Entries in the ‘Taxes’ Category:

My Least Fun Day – A Tax Audit at the IRS

There is no small talk during an IRS  tax audit. No chatting. No smiles. It’s been many years since my first (and only) tax audit but I well remember the deadening atmosphere of that IRS office. Up till then I had been in and out of the colorful offices of newspapers, publishing houses, advertising agencies […]

20 Lowest Sales Taxes in USA

Before exploring the country’s lowest sales taxes, I always assumed New York was the primary sales tax monster, hitting us up for 8.875% sales tax* every time we New Yawkas made a purchase. But lo and behold, another state turns out to be an even bigger tax biter: the gentle state of Tennessee charges its […]

20 Lowest Property Taxes in USA

Impatiently waiting for the real estate market to recover from the recession, my niece, spurred on by the $8,000 government tax credit for new homebuyers, finally jumped in and bought herself a house. Happily for her, she’ll be paying property taxes in Virginia, one of the twenty states that have the lowest property tax rates […]

Property Taxes: the Bad and the Beautiful

If you are considering buying a home and wondering how much of a difference there is between the highest and lowest property taxes in the country, here’s the per capita* low-down. Alabama has the lowest property tax in the USA, but if you buy a home in New Jersey, which has the highest property tax, […]

Thoreau – King of Frugal Mountain

There once lived a man who was, is and always shall be The King of Frugal Mountain. Born in New England, and a close friend of Emerson the poet, Henry David Thoreau lived in Concord, Massachusetts, where living close to the bone was considered a worthy path. But Thoreau, a Harvard graduate and aspiring writer, […]