Business owners could exempt up to $25,000 in computers, furniture and other company equipment from their taxes under ...

The legislation raises the personal property tax exemption for businesses from $2,500 to $250,000 – a tenfold increase in the ...

“Raising the personal property tax exemption … would be a monumental win for Texas businesses, freeing up funds for business owners to reinvest in the growth of their companies on top of the ...

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal ... tax credit essentially limits how much property taxes can increase in a certain period in Texas.

A higher business personal property tax exemption could help small business owners like sisters Deidra Keener (center) and Yolanda Bledsoe (right), who opened a bakery in DeSoto, Texas.

AUSTIN — Texas House Speaker Dustin ... would spend $700 million on tax relief for small businesses — increasing the amount of personal property exemptions they can claim for things like ...

Texas has a 6.25% sales tax, an average local tax rate of 1.95%, and an effective property tax rate of 1.47%. The state ranks 28th in affordability, 29th in cost of living, and 31st in housing ...

"Tangible personal property" is a tax term that refers to personal property that can be felt or touched and physically relocated, such as furniture, office equipment, machinery, and livestock.

Credit: Callie Cummings for The Texas Tribune Texas has the seventh-highest property taxes in the nation, according to the Tax Foundation, an unwelcome distinction state officials have for years ...

personal finance and more - straight to your e-mail. Profit and prosper with the best of expert advice - straight to your e-mail. Sign up For more information, see Texas Property Tax Relief ...

In addition to a higher-than-usual sales tax, Texas has one of the highest average property tax rates in the nation. Because sales and property taxes fall more heavily on businesses, even without ...