How the New Tax Bill Affects You
The new tax bill became law on December 22nd. Like many laws, some people will be affected more than others.
The new tax bill became law on December 22nd. Like many laws, some people will be affected more than others.
The Tax Cuts and Jobs Act (TCJA) went into effect on January 1, 2018. Changes to the existing tax law were significant.
CNC stands for currently not collectible, meaning you cannot afford to repay your tax debts at the moment because doing so would cause significant economic hardship for your household. When CNC status is granted, the IRS puts your account on hold and will not attempt to collect any taxes or penalties you may owe.
In the midst of covering your day-to-day living expenses, it can be pretty hard to find the free funds to pay your entire tax debt in full. Fortunately, our tax resolution specialists can put a stop to it – the constant collections attempts, the liens… all of it.
You see, Austin is booming, and as our city grows in popularity, home values rise—and so do property taxes. But that doesn’t mean you have to stand for it. Our Austin tax services can help you prepare for your jaw-dropping tax bill next month and, better yet, even help you fight back.
In today’s red-hot real estate market, homeowners are seeing higher property tax bills than ever before—particularly in Austin’s Williamson and Travis counties. Fortunately, you don’t have to deal with it alone.
It’s time to gear up for a potential commercial property tax appeal when your bill arrives next month. Though it may sound overwhelming and burdensome, it’s actually an easy, hands-off process that can save you thousands of dollars—not to mention tons of hassle!
As the No. 1 Austin tax preparation team focusing on property taxes, we know how to lower property values and slash tax bills—and we can do it for you, too. Our aggressive advocates won’t let you pay more than you rightfully should—and you never even have to lift a finger.
We offer property tax protest services that allow you to lower your home’s appraised value in the eyes of the county, thus lowering the taxes you owe on that property significantly.
Upon opening your property tax assessment, you’re hit with a wave of shock. It’s thousands of dollars higher than last year’s assessment. You can’t afford that. You haven’t saved enough. What can you do?
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