Paluxy is an unincorporated community in Hood County, Texas, United States. The community is located on Farm to Market Road 51, fifteen miles southwest of Granbury. It was part of Erath County until 1866, when Hood County was created. Paluxy was named after the Paluxy River that runs through it. In 1887, the population of Paluxy was approximately 100. That figure rose to 164 in 1900, but steadily declined through the century. Current estimates put the population at around 80. Paluxy residents rely on larger, incorporated cities for some services. The local newspaper is published in Granbury and area students attend school in nearby Tolar.

What is tax law?

Tax law is the codified system of laws that describes taxes on economic transactions. Tax attorneys advise and represent individuals and businesses on all types of tax issues -- including income tax, payroll tax, property tax, and estate and gift taxes. Tax attorneys ensure that their clients are in compliance with federal and state laws and regulations, and represent taxpayers in enforcement proceedings initiated by the Internal Revenue Service (IRS) and/or state taxation agencies.

Answers to tax law issues in Texas

In the administration of any estate of a person who has passed away, there may be significant tax consequences. An...

At the federal level, the primary tax is the income tax. Most know this form of taxation by the completion of the...

The IRS can seize just about anything you own-including your home and pension plans. There is a list of items exempt...

The federal government imposes estate taxes only if your property is worth more than a certain amount at your death...

Most types of businesses-sole proprietorships, partnerships, corporations that have qualified for subchapter S...

Non-profits will want to apply for and obtain federal and state nonprofit tax exemptions. Many groups don't want to...

The Tax Relief and Health Care Act of 2006 made significant changes to the Informants Reward Program under the False...