Are you a resident of Wake County, North Carolina? Curious about how taxes might impact your finances this year? Look no further! This video breaks down everything you need to know about taxes in Wake County, from real estate to income and sales taxes.
Let’s start with real estate taxes. Discover the three key factors Wake County considers when determining your property taxes, including the assessed value of your home and the current tax rate. Did you know home values have surged by over 50% in the recent reassessment? Don’t worry, though; Wake County has a plan to balance this increase, ensuring fair taxation for all residents. Visit the Wake County website to calculate your property tax based on the reassessed value of your home.
Next, we delve into income tax. Learn how North Carolina’s flat income tax rate system affects you, regardless of income level. Plus, find out why the tax rate is on a downward trend. But that’s not all! We also cover sales tax, both at the state and local levels, and delve into vehicle property taxes, explaining how they’re determined by the North Carolina Department of Transportation. Find the North Carolina Vehicle Property Tax Estimator here 👉 https://edmv.ncdot.gov/TaxEstimator
Thinking of a move to the Raleigh, NC area? ☎️ 919-274-2499 📧 [email protected] Schedule a FREE consultation with Heather Taylor 👉 https://bit.ly/TayloredZoom Thanks for watching!