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Which executive department is responsible for collecting taxes and printing money?

The U.S. Department of the Treasury is responsible for collecting taxes and printing money. It oversees the Internal Revenue Service (IRS), which handles tax collection and enforcement. Additionally, the Treasury manages the Bureau of Engraving and Printing, which produces the nation's currency.


Can you be reimbursed for property taxes from estate?

If the property is in the estate, the estate is responsible for them. You are entitled to be reimbursed if you have paid them for the estate. Submit your claim to the executor.


If a property is sold who pays the property taxes?

The seller is responsible for all property taxes assessed for the period through the date of sale. The buyer is responsible for all property taxes thereafter. Remember in most states that property tax is paid in arrears which means you are paying for a time period of 3-6 months prior to the current date. On a HUD 1 closing statement those time periods and costs are clearly shown.


Who is responsible for back taxes owed by deceased with no estate?

The person(s) who control any property left behind by the deceased.If the taxes exceed the value of the property, then the government will not be able to collect the difference.


Who pays the taxes when there is both a deed and a deed of trust?

Generally, the fee owner of the property is responsible for paying the property taxes. That would be the grantee in the deed of conveyance. In this case the 'deed of trust' is assumed to be a mortgage.

Related Questions

Who is responsible for collecting property taxes?

County Government


The branch of government responsible for collecting taxes is?

The branch of government that is responsible for collecting taxes is the executive branch. Specifically, it is the IRS, which is under the Department of the Treasury, who collects taxes.


What is the federal agency responsible for collecting taxes?

Where? In the US its the IRS.


Who is responsible for collecting the property tax?

County Governments


Which government branch is responsible for collecting taxes?

The Legislative Branch is the main branch that collects taxes


Who is responsible for property taxes the beneficiary or the person with a life estate interest in the property?

You must consult with an attorney in your state. Generally, the life tenant is legally responsible for the property taxes but state laws vary.


What is the statute of limitations in ca for property taxes?

The statute of limitations for collecting delinquent property taxes in California is five years. After this period, the county cannot pursue legal action to collect the unpaid taxes.


Which government agency is responsible for collecting taxes and educating taxpayers about their respondsibilities?

Internal Revenue Service


What is responsible for collecting federal taxes including personal and corporate income Social Security excise estate and gift taxes?

Internal Revenue Service


Is responsible for collecting federal taxes including personal and corporate income Social Security excise estate and gift taxes?

Internal Revenue Service


Is a remainder man of an estate required to pay property taxes for the property?

Once they have inherited the property, yes. Until then the estate is responsible.


Can I deduct legal fees on my taxes?

Yes, you can deduct legal fees on your taxes if they are related to producing or collecting taxable income, managing, conserving, or maintaining property held for producing income, or determining, collecting, or refunding any tax.