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Personal property depreciation guide HCAD Guide to Personal Property Renditions – Harris County Appraisal District

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Personal property depreciation guide ******* Guide to Personal Property Renditions If you own a business, you are required by law to report personal property that is used in that business to your county appraisal district. There are substantial penalties for failure to report or for falsification and tax evasion. The Harris County Appraisal District has prepared this document to assist you in complying with this very important law. What is a rendition? A rendition is a form that provides information about property that you own. The appraisal district uses the information you provide to appraise your property for taxation. Who has to render? There are three categories of taxpayers who must render: Owners of tangible personal property that is used for the production of income (see below) Owners of property on which an exemption has been cancelled or denied Owners who have been formally notified by the chief appraiser that they must render. exposed for sale in the open m...
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Childrens health insurance & Video

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Childrens health insurance Childrens health insurance ******* Children’s Health Insurance Program (CHIP) Through Mississippi Health Benefits there are two health insurance options that cover children, the Children’s Health Insurance Program (CHIP) and Medicaid. The income limits are based on Modified Adjusted Gross Income or MAGI limits. The limits are referred to as MAGI because the programs using MAGI limits are based primarily on IRS rules for counting income and determining household composition. Who is eligible for CHIP? CHIP provides health coverage for uninsured children up to age 19 years old. To be eligible for CHIP, a child cannot be eligible for Medicaid. At the time of application, children with health insurance are not eligible for CHIP. Income Limits for Medicaid and CHIP Programs Effective March 1, 2014, Internal Revenue Service (IRS) rules for Modified Adjusted Gross Income (MAGI) are used to determine a household’s income compared to the limits shown below...
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Buy disability insurance – Video

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Buy disability insurance Buy disability insurance ******* Tips for buying disability insurance June 25, 2013 / 7:00 AM / MoneyWatch (MoneyWatch) A few days ago I wrote about why disability insurance can be more important than life insurance. Disability, I said, impacts your ability to earn an income at a time when your medical expenses can increase considerably. I also commented on why more people buy life insurance than buy disability insurance (about 70 percent versus 40 percent.) I suspect most people look at disability as something that may never happen to them. Death is a certainty for everyone, but disability is not. Perhaps disability or income insurance is just another insurance need competing for a limited financial budget. The cost, which can vary with age and the amount of coverage, can range from a few hundred dollars to several thousand dollars a year. Here are a few things to think about if you’re contemplating a disability policy: Individuals no longer workin...
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