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  2. Taxation in Indiana - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_Indiana

    If the amount of taxes due at the time of filing is $1,000 or greater, penalty fees and interest charges are assessed in addition to the tax owed. Income taxes are filed annually by the payer, and must be filed by April 15, or the next business day if the 15th falls on a weekend. Failure to file taxes is a criminal offense.

  3. Tax assessment - Wikipedia

    en.wikipedia.org/wiki/Tax_assessment

    The word tax assessment is used in different ways, but often refers to a tax liability owed by a taxpayer. In the case of property, a tax assessment is an evaluation or an estimate of value that is typically performed by a tax assessor. The assessment leads to an "assessed value," which is a base number used in the calculation of the property tax.

  4. 5 Common Reasons You Might Owe Taxes This Year - AOL

    www.aol.com/common-reasons-why-owe-taxes...

    If taxes are due this year, the primary reason could be insufficient tax withholding from your salary. You might also owe taxes if you were self-employed, worked side gigs or had major life ...

  5. Taxpayer - Wikipedia

    en.wikipedia.org/wiki/Taxpayer

    It's considered tax evasion if the taxpayer knowingly fails to report income or under-report income (claiming less income than you actually received from a specific source), provides false information to the IRS about business income or expenses, deliberately underpays taxes owed or substantially understates taxes (by stating a tax amount on ...

  6. IRS Updates Penalties for Late Tax Returns in 2024 ... - AOL

    www.aol.com/irs-updates-penalties-tax-returns...

    In 2024, if your tax return is not filed within 60 days of the due date, you’ll be charged a minimum late-filing fee of $510 or 100% of taxes owed, whichever is lower. 2. Failure to Pay

  7. Laudemium - Wikipedia

    en.wikipedia.org/wiki/Laudemium

    Laudemium is compensation owed to the direct landlord for not using the right of pre-emption when the emphyteusis onerously disposes of the leasehold property. [1] [2] It corresponds to a percentage of the property's market value, to be paid when there is an onerous transaction with a definitive deed of occupation rights or the leasing of land.

  8. If you win the HGTV Dream Home, you'll owe $693,299 in ... - AOL

    www.aol.com/article/2016/03/30/if-you-win-the...

    She borrowed against the dream home to pay the taxes and kept it as both a vacation home and rental until 2005. Others who kept their Dream Homes didn't have as much luck.

  9. Income tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_the_United...

    Income tax is also levied by most U.S. states and many localities on individuals, corporations, estates, and trusts. These taxes are in addition to federal income tax and are deductible for federal tax purposes. State and local income tax rates vary from zero to 16% of taxable income. [64]

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