Return to Annual Homestead Declarations Vermont funds its educational system through a property tax system. The “education tax” is imposed on all homestead and nonresidential property, but at differing rates. The basis for classifying a particular property a homestead (and thus being taxed at a lower rate) is dependent upon the owner filing a “homestead […]
In the past few weeks merchants have been receiving a “Notice of Class Action Settlement” related to a lawsuit against Visa, MasterCard and numerous banks. The purpose of the Notice is to provide information about the law suit and the proposed settlement to members of the “class.” The Notice encompasses 27 pages and can be […]
Purchasing a motor vehicle is one of the largest and most important purchases consumers make. Most of us, however, have only a basic understanding of how a car operates or how to keep it in good working condition. When we purchase a vehicle (particularly a used vehicle) or bring it in for repair we find […]
Effective July 1, 2011, entrepreneurs in Vermont have a new business entity to consider when determining how to set up shop. The “Vermont Benefit Corporation Act” creates a new corporate model that encourages “for profit” businesses to focus on solving social and environmental problems. Ordinary corporations have a legal duty to protect their shareholder’s interests above […]