Thursday, December 14, 2017
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By eg blogger on 10/15/2012 4:33 PM

Texas is considering making some changes to the tax code soon that will possibly make a statewide sales tax replace the current local property tax. Although most people agree that the current tax system has its share of negatives, any tax code comparison only makes sense looking at the alternatives.  Currently, the tax system changes are focused on either expanding sales tax, recreating and expanding the business margins tax, or implementing a state income tax.  Although each of the alternatives do provide benefits, they also come at costs.  Whether or not those benefits and costs outweigh the current system is a determination for the Texas Legislature.

By eg blogger on 10/12/2012 7:12 AM

Potter County sent out incorrect tax bills due to a “computer glitch” that effectively raised the values and tax bills for 290 properties.  Once found, Potter County has promptly fixed the statements and intends to send a corrected tax bill today or Monday.  For those property owners that have already paid based on the higher amount, a refund will be granted.  For more information on this matter, please check out this article from ConnectAmarillo.com or contact us.

Estes & Gandhi, P.C.

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