Best Tax Lawyers Springdale, AR

Springdale, AR Tax FAQs

• Where does the Tax Court hold trial sessions closest to Springdale, Arkansas?

  The U.S. Tax Court trial location nearest to Springdale, Arkansas is in Little Rock AR. Since there is no permanent courtroom, temporary venues are indicated in the notice of trial.

• Where is the low-income taxpayer clinic that is closest to Springdale, Arkansas?

  The closest low-income taxpayer clinic is the Low Income Taxpayer Clinic at Legal Aid of Arkansas, located at 1200 Henryetta St, Springdale, AR 72762.

• What are the sales tax rates in Springdale?

  Springdale's sales tax rate in 2023 is 9.75%, consisting of 6.50% from the Arkansas state sales tax, 1.25% from the Washington County sales tax, and 2.00% from the city of Springdale's local tax. Despite having a higher sales tax rate than 77% of the state's localities, the metro's rate is still 2.25% lower than the maximum sales tax allowed in Arkansas.

• Who must file income tax returns in Springdale?

  Any Springdale resident who has an annual gross income of more than $10,682 must file an income tax return. For married people, this rises to $18,012, while the single person in charge of a family pays $15,185. Additionally, all income earned by non-residents from Arkansas sources is subject to taxation.

• What income tax deductions does Springdale offer?

  Those in Springdale who file state income tax returns have the option of claiming itemized deductions such as property tax and qualified charitable contributions, provided they meet the required income threshold and filing status. Arkansas, unlike many other states, does not provide standard deductions, deductions for dependents, or personal exemptions.

• How high are Springdale’s property tax rates?

  As of 2023, the median property tax in Washington County, where Springdale is located, is $909 per year for a home worth the area's median value of $154,900. The Washington County Treasurer collects 0.59% of a property's assessed fair market value as property tax on average. Benton County has the highest property tax rate in Arkansas, with an average of 0.6%.

• Who is exempt from property tax in Springdale?

  Public property, churches, cemeteries, libraries, and school buildings and apparatus are exempt from property taxes in Springdale, provided they are not used for purposes other than those intended. Buildings, grounds, and materials used solely for public charity are also exempt from property taxes. It should be noted, however, that non-profit organizations are not automatically exempt from property taxes.