This year the property tax in my state was restructured, or in plain terms raised.
Some people are paying double or triple of what they use to pay.
One guy who owed over $12000 in taxes, so he decided instead of cutting a check, to bring in cold hard cash, in singles.
The assessor was pissed and told him to take it back and in his words "do it right"
Can he really demand that when there is no law prohibiting him from paying in cash?
2007-08-13 15:26:42 · 2 answers · asked by Kari 4 in Business & Finance ➔ Taxes ➔ United States
US currency is legal tender for all debts. Some government offices do refuse to accept cash and will require you to purchase a cashiers check, money order, or write a personal check. There are some questions of legality there but if it's posted or there is a local ordinance prohibiting cash payments it's probably legal. If it's not posted and there is no local ordinance barring cash payments the tax collector would have to accept currency. Normally they can refuse coin if the debt exceeds $25.00.
2007-08-13 17:10:39 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
I'm not an expert, so don't hold me to this. I know the IRS is not happy to take their taxes in pennies. I believe that as long as the money is in US currency it is legal. However, I sure wouldn't want to carry around 12,000 singles. I don't think there is a law that specifies that taxes be paid large denomination of US currency. It is a pain in the A for the assessor which is why he is making a stink about it. And, unfortunately, your protest won't go very far up the ladder.
2007-08-13 22:52:36 · answer #2 · answered by Anonymous · 0⤊ 0⤋