Category Archives: Tax Sales
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Estate Tax Considerations for 2022: How Clients Can Plan in an Uncertain Time
The Internal Revenue Service ("IRS") has released annual inflation adjustments for 2022. These include increased gift, estate, and generation-skipping transfer (“GST”) tax exemptions (the “unified credit”), annual gift tax exclusions, and retirement account limits. The changes are as follows: The unified credit will increase to $12.06 million for an individual (from $11.7 million in 2021). This means that a married ... Read More
TAGGED: news, Tax Law, legislation, estate planning, trust and estates, taxes & IRS
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Washington, D.C. Office of Tax and Revenue Homestead Unit Suspending Processing Of Homestead Applications
The division of the DC Office of Tax and Revenue that processes homestead, senior, and disabled applications (FP-100) has announced that, as of July 17, 2019, it will suspend the processing of applications, grant benefits, and tax account adjustments. This action was “taken to meet a demanding billing timeline to reconcile tax accounts” associated with the upcoming 2019 second half ... Read More
DC Tax Sale Scheduled starting July 20, 2015
The District of Columbia Office of Tax and Revenue has announced the annual tax sale of real properties with delinquent taxes and other assessments. The list of properties is correct as of the date of this publication. Some properties will be removed before the date of the sale ... Read More
TAGGED: dc real estate, DC tax sales, tax liens, tax sales