Taxes


KSAT Q&A: SWBC Ad Valorem Tax Advisors president discusses tax appraisals, property taxes
Read full article: KSAT Q&A: SWBC Ad Valorem Tax Advisors president discusses tax appraisals, property taxesSWBC Ad Valorem Tax Advisors President Gary Rivas appeared Monday on KSAT’s 6 O’Clock News. Rivas discussed tax appraisals and property taxes.

Texas House and Senate lawmakers have laid out their property tax cut proposals. How do they compare?
Read full article: Texas House and Senate lawmakers have laid out their property tax cut proposals. How do they compare?House and Senate lawmakers plan to spend at least $6 billion on property tax cuts, but haven't yet agreed on how much relief should go to homeowners over businesses.

Voters to decide on $309M East Central ISD bond that would come with property tax hike
Read full article: Voters to decide on $309M East Central ISD bond that would come with property tax hikeEast Central ISD is projected to experience significant growth in the coming years, prompting the district to prepare for potential overcrowding in its elementary schools and sole high school if a preventative measure is not established.

Billions more for tax relief and border security under budget approved by Texas Senate
Read full article: Billions more for tax relief and border security under budget approved by Texas SenateNext step will be action in the state House, where budget writers have different plans for distributing property tax help.

In Texas, private firms cash in on property tax late fees, piling debt onto struggling homeowners
Read full article: In Texas, private firms cash in on property tax late fees, piling debt onto struggling homeownersTexans who fall behind on their property taxes face one of the most punitive systems in the nation, where private collection companies can tack up to 20% onto their bill.

Texas Senate unanimously approves tax cuts for homeowners
Read full article: Texas Senate unanimously approves tax cuts for homeownersThe marquee proposal would increase the amount of a home’s value exemption from school taxes to $140,000 from $100,000. The legislation must win approval from the House next.

Why a West Texas county is building a new courthouse even after voters rejected the proposal
Read full article: Why a West Texas county is building a new courthouse even after voters rejected the proposalOfficials took the extraordinary step of taking on new debt to replace the old courthouse, which has been plagued by rats and other pests, elevator breakdowns and flooding.

Texas lawmakers target property taxes, abortion and gender transition care in first bills for the 2025 session
Read full article: Texas lawmakers target property taxes, abortion and gender transition care in first bills for the 2025 sessionTuesday marked the first day lawmakers could file bills for next year’s legislative session.

Texas would need about $81.5 billion a year to end property taxes, officials say
Read full article: Texas would need about $81.5 billion a year to end property taxes, officials sayTexas Republicans have been trying to reduce the state’s high property taxes for years, but some acknowledge eliminating them would be too expensive.

Texas tax-free weekend returns Aug. 9-11 to help you save money on back-to-school items
Read full article: Texas tax-free weekend returns Aug. 9-11 to help you save money on back-to-school itemsThe first day of school will be here before you know it, and you’ll likely want to get the most bang for your buck when shopping for back-to-school materials. Those looking to save can take advantage of this year’s tax-free holiday weekend in August.

Texas Republicans have tried to rein in property taxes for five years. Has it worked?
Read full article: Texas Republicans have tried to rein in property taxes for five years. Has it worked?Texas has spent billions of dollars to drive down property taxes. Many homeowners saw a significant tax cut last year, per a Texas Tribune analysis.

Texans get their first crack at electing the people overseeing the state’s complicated property appraisal process
Read full article: Texans get their first crack at electing the people overseeing the state’s complicated property appraisal processIn the state’s larger counties, voters can now elect people to the agencies that appraise property values.

Texas launches new property tax incentive program to lure new businesses
Read full article: Texas launches new property tax incentive program to lure new businessesThe Jobs, Energy, Technology, and Innovation program cuts property taxes for new manufacturing, research and development facilities. It replaces a shuttered program criticized for its impact on school finance.

‘Lavish lifestyle’: New Braunfels business owner gets 18 months in prison for tax evasion
Read full article: ‘Lavish lifestyle’: New Braunfels business owner gets 18 months in prison for tax evasionA New Braunfels business woman who failed to account for and pay her taxes was sentenced to 18 months in prison, the Department of Justice said Thursday.

UIW offers free tax help through Volunteer Income Tax Assistance program
Read full article: UIW offers free tax help through Volunteer Income Tax Assistance programThe H-E-B School of Business and Administration at the University of the Incarnate Word is offering free tax preparation service through the Volunteer Income Tax Assistance program or VITA.

Dignowity Hill: A neighborhood with history on every corner struggles to define itself
Read full article: Dignowity Hill: A neighborhood with history on every corner struggles to define itselfThe view of downtown from many of the homes in the Dignowity Hill neighborhood is second to none, but they also have a front-row seat to some of the city’s biggest issues: homelessness, gentrification and rising property taxes.

Why Shohei Ohtani’s heavily-deferred contract could be model pro athletes ask for going forward
Read full article: Why Shohei Ohtani’s heavily-deferred contract could be model pro athletes ask for going forwardOhtani has decided to defer $680 million of the contract until after his playing days are over, meaning he’ll take in roughly $2 million of salary each year for the duration of the contract that will run through 2033.

Texas homeowners and businesses will get a tax cut after voters approve Proposition 4
Read full article: Texas homeowners and businesses will get a tax cut after voters approve Proposition 4The $18 billion property tax-cut package is aimed squarely at lowering school district property taxes, which make up the lion’s share of a Texas landowner’s property tax bill.

Texas voters gave retired teachers raises and approved new infrastructure funds as most constitutional amendments passed
Read full article: Texas voters gave retired teachers raises and approved new infrastructure funds as most constitutional amendments passedVoters approved a massive property tax cut and several other measures, but refused to raise the mandatory retirement age for judges.

Texas proposition lets voters decide whether to cut property taxes for homeowners and businesses
Read full article: Texas proposition lets voters decide whether to cut property taxes for homeowners and businessesProposition 4 could usher in a bevy of property tax changes. That includes using $12.7 billion from a record state budget surplus to lower school district taxes.

How a state effort to fund Texas schools equitably is shortchanging dozens of rural districts
Read full article: How a state effort to fund Texas schools equitably is shortchanging dozens of rural districtsFor decades, the Texas comptroller’s office has double-checked property valuations across the state, which help determine how much school districts can levy in property taxes. But when state and county appraisers disagree, districts can end up with big holes in their budgets.