What Is Ad Valorem Tax? Ad valorem tax is a type of tax that is based on the assessed value of an item, such as real estate or personal property. The Latin term "ad valorem" translates to "according ...

No one likes paying tax, but it's almost impossible to escape the numerous types of taxes that you face in everyday life. You might not be familiar with what an ad valorem tax is, but it's one of the ...

Governor Ron DeSantis stirred up a hurricane when he announced his desire to eliminate homestead property taxes in the state of Florida. Anyone who has lived in Florida for any length of time knows ...