personal

Do You Pay Tax On A Personal Injury Claim

Do You Pay Tax On A Personal Injury Claim

Dont stop reading yet though. Pursuant to the Income Tax Assessment Act personal injury lump sum compensation payments are not considered to be assessable income. A personal injury settlement can ...

Is Sale Of Personal Property Taxable

Is Sale Of Personal Property Taxable

Persons selling tangible personal property in addition to providing labor or service shall. Youve made a profit if the resulting number is positive. This includes cars jewelry perishable goods com...

What Is Considered Taxable Personal Property

What Is Considered Taxable Personal Property

The assessed value of personal property is concentrated in metropolitan areas 665. Each state has specific laws regarding what is considered taxable personal. What is considered personal property ...