WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?

 
* No surprise – nothing new.  Kay Bell reports “New Jersey is number one in property taxes” at DON’T MESS WITH TAXES -  
 
“In calendar year 2021 (the most recent data available), Tax Foundation researchers found that New Jersey had the highest effective rate on owner-occupied property at 2.23 percent.”
 
My home state of PA is #11 at 1.49%.  Surprisingly New York is #12 at 1.40%.
 
* From the NATP BLOG – “Tax treatment of homes used for personal and rental purposes:a comprehensive guide and chart”.
 
* It seems each BUZZ installment includes at least one disaster relief announcement.  The latest from the IRS – “Taxpayers impacted by Hurricane Lee in Maine and Massachusetts qualify for tax relief;various deadlines postponed to Feb. 15” –
 
“All 16 counties in Maine and all 14 counties in Massachusetts qualify. Individuals and households that reside or have a business in these counties qualify for tax relief.”  
 
* FYI - I have a new BOBSERVATIONS post about “The Importance of Being Margaret”.  
 
TTFN