Full Show: File Your Taxes Today and Did Clark Successfully Appeal His Property Taxes?
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- Опубліковано 17 тра 2024
- It’s Tax Day. Have you filed yet? Clark explains why it’s crucial to file today even if you don’t have the money to pay the bill. Also, Clark just appealed his property taxes. Was it successful? Clark shares his experience, along with reasons why this tax is skyrocketing and steps you can take to try to reduce it.
Plus, Christa shares your #AskClark questions and Clark gives his take. All this and more on the April 15, 2024, episode of The Clark Howard Show.
00:00 - Intro
01:02 - File Your Taxes Today
04:55 - Ask Clark - AT&T Breach
09:44 - Ask Clark - 529 Plan for Grandchildren
12:53 - Ask Clark - International Car Rental Charges
19:34 - Did Clark Successfully Appeal His Property Taxes?
24:55 - Ask Clark - Charing In-laws Rent
28:14 - Ask Clark - Orthodontist Discount
30:45 - Ask Clark - Opening a Roth Under 18 Years Old
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Kindly share the details for reaching your advisor. With inflation negatively affecting my funds, I'm in search of a more lucrative investment strategy to optimize their performance.
Leicia Zavala Perkins is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
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When my son was 7 or 8 his dentist recommended braces. I’m no Dr but his teeth looked so perfect to me in person and on all X-rays. It would have been extremely difficult for me to pay for them AND my intuition told me it might be a scam. I’ve been looking at my son’s beautiful smile for 31 years, no braces, no issues, no crooked teeth. It was a risk and scary but I was willing to get him braces in high school but were never needed.
Yep, always get a second or third opinion.
I have friends who ended up with braces a second time as the child didn’t maintain their corrections. I waited until my kids were in high school. They didn’t need emergency/urgent treatment.
Good call! 🙌
Some say they're suprised Clark haven't been sued left and right for giving many false and misleading fake advice.
@@Bob-wm5pzwhat is blud yappin about 💀
All these data breaches over the years and here I sit alive and well and unaffected. And yes my credit is frozen at all three bureaus, I've been doing that for at least 20 years. 😊
This is how you relax and cruise through the storm! 👏👏👏
Congrats Clark on completing your 100th Habitat for Humanity home!!! 🎉🎉🎉❤❤❤
Thank you! 🏡🏡💚
9:44 Clark is right about your not being able to combat the family culture. My advice is to save the money for your future and plan a legacy for your granddaughters for once they are grown.
Sound advice, Clarkie! 🙌
Thank you Team Clark.
I have a "different" slant on the property tax appraisal appeal subject.
I'm retired, 73 y.o., and living on a fixed income. I've lived in my house since 1986, and my mortgage is less than $450/mo.
When I see current housing costs, especially apartment rentals, I ask myself what in the World I would do if I were forced to go house-hunting?
When I receive my yearly property tax bill, I just laugh at the appraisal amount they have listed for my house. I want to call them up and say, "I'll sell you my house for that amount TODAY!!"
The unfortunate truth is that I have not kept up with maintenance as I should have, and although some houses in my neighborhood may be bringing that kind of sales price, almost certainly, mine would not.
I dare not appeal the appraisal amount the tax bill lists, because any inspection done during any appeals process could result in bigger problems for me than an uncomfortably high tax bill.
I have to just "suck it up" and pay.
I just wanted to mention this side of the coin for any others in my circumstances who might be thinking of appealing their appraisal next time around: be careful what you wish for; you might just get that (much!) lower appraisal. . .and, consequently, find yourself facing worse consequences than a high property tax bill.
Hard to imagine why appealing assessed value could be a negative unless there is a risk that the value is higher than current assessed value and therefore could go up. In our area the appeals appraisers would not be a city inspector so hard to understand the consequences you speak of. Filing timely for a reduction, with a contractor quote of repairs for deferred maintenance could be a possible adjustment, depending on condition of other comparable sales. Many homes if not new have some possible deferred maintenance. You may be able to get a copy of the appraisal to see what comps and adjustments were used to see if they are reasonable or not. Best.
@@Michelle-bw1xg Thanks for your input.
Your plan sounds like something worth considering!
Thank you for the good advice on the credit freeze which I did years ago, along with following a multitude of other advice you’ve given over the years. Still listening, keep up the good work.
These car rental "claims" need to be criminally investigated. Especially when they claim the customer damaged the vehicle months earlier. Like Clark said, it's just a scam to bring in more money.
Great show and info , as always 😊
Per Clark's recommendation, I paid the IRS thru their website vice sending a check in the mail. Great advice. Thank you!
Did he recommend sending a check? That sounds like the last thing he’d say. You can just use direct pay on the site but alright. Or make an account. That’s how I paid this year.
Problems ID/me verification on the Direct Filing with the IRS. System doesn't accept the photos submitted. Had to go back to former tax filing company.
#BonusTerm - "Team Clark Rocks." Clark, I heard (in the comments) you and fellow vols just did your 100th Habitat for Humanity build. #Congrats !!!
Thank you! 🏡 #bonusterm
Charge the in-laws market rate plus 38% so they find another place to stay quickly.
🤦♂😂💚
Regarding that AT&T breach (which is addressed at 4:50 on the show), does this breach effect people who aren't current AT&T customners but have AT&T stock?
I have bank accounts, however only temporarily to get bank account bonuses (similar to cc bonuses)
My main checking account is with a credit union.
I try to focus on the positive things my tax dollars support (i.e. my local library system, roads, schools, air traffic control, clean air and water). I'm a big believer in humans as a cooperative species. 😊
REad ”For Good and Evil, A History of Taxation”.
And in return may I recommend "A Libertarian Walks Into a Bear?"
Can't wait to get the irs's penalty and 8% interest payment for having over withheld my money all this time. 😂
@@sarashannyou mean bar? Or is that the joke
@@brichard9485if you over withheld then that means you overpaid. They’ll just send you back the difference (with no interest though 😂) why would you think they’d punish you for that lol
Why wouldn't an AT&T hacker not also have the customer's email address?
They would. But if your email password is different or you change it to something different from your AT&T account, they may not be able to get into it. 💚
Credit Freeze is a bit extreme, you can just do a fraud alert on credit bureaus.
You should be doing both. With the big 3 I was only able to get them to do it for a year, but a freeze you just set and forget (still check your report from time to time of course). However with some of the smaller secondary bureaus like Innovis I was able to convince the representative on the phone to put me down for a 7 year extended alert. So that was nice.
So I’m frozen with the big 3, Innovis, LexisNexis, and ChexSystems. SageStream was bought out by LN so that one’s already covered, and Teletrack (formerly CoreLogic) was bought out by Equifax but got some reason still needed to be frozen separately. But the only option for them was mailing it in, and I sure as hell ain’t doin that. But as for the rest, it was well worth it and probably took less than an hour.
This is so crazy about AT&T. Here people keep being reassured that their private information is safe it's all lies. I've never had AT&t mobile phone.
Did Cricket Wireless which is I owned by AT&T get hacked also?
Is there a way to file an extension without paying a fee?
You can setup an installment payment plan. I had to do that last year because I couldn’t pay it all at once.
Yes. Just file form 4868. Go to IRS.gov
I am wondering if I can sign up for the 180 days one at a lower fee and hope it takes them longer to get around to me 🤔
If you pay sufficient estimated tax with the extension there is no fee.
Were you listening? As long as you paid what you owe by Monday there is no charge to file an extension.
Needs to be a major citizens revolt against taxation at all levels. Smiling and being polite is great when dealing with competent, fair people. Mrs. Wilson knitting her sweater just does what the tax assessor tells her to do. Let’s be honest…
Don't document your house as rental property.
I thought Clark retired
There is no reason for any bank at all.
Hi Clark,
We have personal property that went up 52%, as i asked around the neighborhood people were getting anywhere from 50% to 90%, and then our next door neighbor and a couple of others didn't get an increase at all! We appealed and met with the county and believe me when i say that they didn't even wantvto hear about my findings of no % to 90%. Why? Because they don't have an answer and don't care. We got included in a class action with an attorney and now we just play the waiting game. No on at the county knows what they are doing????
Wow, hope you recover something meaningful from the class action case. 💚
@@Clark thank you!😊
So did y'all both see your property taxes fully double in 5 years like Cherokee County Georgia, or only 41% over those five years like the average Georgian Georgia legislature was considering limiting everyone's assessment increases to 3% per year as they already do in Fulton County, but speaker of the Georgia house said that would be too complicated Buckhead and other Fulton County enclaves. Welcome to Cherokee County Georgia..... out bluing the blue States
LOL... Richmond, Virginia. Not surprising.
Rental car companies at the Richmond Airport are notorious..........
I know this is off topic but can someone explain bitcoin to me in layman’s terms 🤷♀️
I recommend this podcast:
Million Bazillion is a podcast about money for kids and their families from Marketplace. Financially Inclined is the teen version. I like the simple explanations on these podcasts.
Never have your out laws living with you. Please read about triangulation psychology.
how about let them do whatever and maybe not go to college. You really think indoctrination works,, woke Clark?