Taxes

Question 1

Sales tax

Answer 1

Tax tangible personal property

Question 2

Property tax

Answer 2

Tax on real property

Question 3

Assessed value

Answer 3

100% fair maket value

Question 4

Local tax assessor

Answer 4

Assesses the value of each property thus determining the tax base property is only reassessed upon sale which frequently results in a supplemental tax bill a change of ownership statement must be filed within 45 days after the sale

Question 5

The assessor uses the tax base to establish the

Answer 5

Tax role

Question 6

Land and improvements such as house ,well pump are assesses separately

Answer 6

One tax bill is issued

Question 7

If you are not satisfied with your assessment you can file an objection

Answer 7

At assessment appeals board

Question 8

The tax bill uses assessors parcel number

Answer 8

Not a legal description

Question 9

Property tax liens are specific liens on the property irs liens are general liens

Answer 9

On all property of the debtor

Question 10

Senior citizens may qualify for a deferral of taxes until the property is sold

Answer 10

The state controllers office handles this matter

Question 11

Income tax

Answer 11

Progressive tax