If a house’s taxes are not paid in Texas, usually a tax lawsuit is issued to collect the taxes. Essentially, the tax suit is filed in the interest of the county in order to induce the payment of the land tax. If these taxes were not collected, the county can have the court mandate to […]

If you have IRS troubles, it might be smart to sell your home with back taxes before you lose leverage. As noted certified public accountant David L. Mortimer of Alexandria Virginia says, if you know an IRS tax lien is coming, the best plan is to sell your home pronto, before the line arrives. In […]

Inheriting a home is a pretty sweet experience, yet bitter at the same time… You are left with great property value you can use to improve your life, but you are still mourning the loss of a loved one. So you may tend to ask yourself at this point “what are the tax consequences when […]