Tag: Taxes

Posted on 04/17/2022
Millage rates & property taxes
If you pay property taxes, you've likely encountered the term "millage rate." While the term is often used interchangeably with tax rates, there are some key differences to understand. To help you better navigate the world of property taxes, here is an overview of the basics of understanding millage rates: What does “millage” mean? Millage rate, also called...
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Posted on 04/11/2021
Financial Planning: What is the Estate Tax?
Image by Gerd Altmann from Pixabay If you anticipate that you will inherit an estate at some point or if you plan to leave your estate to an heir, it is important to plan for the potential tax implications of that transfer. The federal estate tax is one aspect to consider. Depending on the value of the estate,...
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