Benjamin Franklin is credited with saying that nothing is certain but death and taxes (paraphrased). Unfortunately, those taxes loom large all around us. From sales tax to income tax, property tax and more, we've got a lot of taxes to contend with. Below is information on the various taxes we face here in Memphis.
Property Tax
In Memphis, property taxes are a hot topic and are known for being relatively high. Find out how these taxes are calculated and what Memphis-area towns offer the lowest property taxes.
Sales Tax
For transplants and natives alike, the sales tax in Memphis can be confusing. Learn about the different tax rates for food and other merchandise and find out which taxes are statewide and which ones are local.
Sales Tax Holiday
During at least one weekend every year, we can experience a reprieve from sales tax in Tennessee. This tax holiday doesn't apply to everything, though, so check out the list of applicable items.
Federal Income Tax
Before April 15th rolls around, check out these resources for tax assistance, federal tax forms, and return preparation and filing.
State Income Tax
While Tennessee doesn't exactly have an income tax, there are some types of income that may be taxable. Learn the details before a tax bill catches you by surprise.
Tax Help
Need help figuring out deductions or filling out forms? About.com's Tax Planning site is chock full of information, tips, and advice.
