Owning property presents many challenges and property ownership will likely represent one of the most significant investments a taxpayer will ever manage. The expenses associated with tax assessment are critical. If your property is assessed too high, it is your responsibility to challenge the assessment, otherwise the payment of your tax bill is an indication that you agree with it. There are circumstances where taxes can be recovered from prior tax years, but these cases are rare. This is why it is so important that taxes are appealed timely.
If you are a developer, you may be required to repay up to ten years of back taxes in order to have a subdivision approved. These taxes are often significant, totaling hundreds of thousands of dollars. In addition, higher tax assessments will result from developing the property and those higher taxes will impact property expenses greatly. There are very specific circumstances which allow developers to escape the requirement of paying back taxes, but working with planning, zoning, city and county authorities will be necessary and preparation and time will be needed.
Special assessments can also save significant tax dollars. Conversely, being disqualified from special assessment can increase tax liability greatly. The Board of Property Tax Appeals can adjust assessed values, but do not hear cases involving specially assessed values or compliance issues. We can help determine if your property is eligible to have your taxes reduced as a result of farming, grazing, managing timber or other special assessment programs. Just CONTACT US and we'll get some information about your property and discuss what options may be available to you.
Consulting Services
Tax Assessment Valuation Accuracy Evaluation
Dwelling & Improvement Verification
Special Assessment Analysis & Recommendations
Development & Subdivision Tax Deferral Analysis
Disqualification /Warning Letter Review
Tax Appeal Strategies & Consultation
Representation - Board of Property Tax Appeals
Expert Testimony & Legal Strategy
THERE ARE SO MANY WAYS WE CAN HELP YOU!
Owning property presents many challenges and property ownership will likely represent one of the most significant investments a taxpayer will ever manage. The expenses associated with tax assessment are signifncant. If your property is assessed too high, it is your responsibility to challenge the assessment, otherwise the payment of your tax bill is an indication that you agree with it. There are circumstances where taxes can be recovered from prior tax years, but these cases are rare. This is why it is so importan that taxes are appealed timely.
If you are a developer, you may be required to repay up to ten years of back taxes in order to have a subdivision approved. These taxes are often significant, totalling hundreds of thousands of dollars. In addition, higher tax assessments will result from developing the property and those higher taxes will impact property expenses greatly. There are very specific circumstances which allow developers to escape the requirement of paying back taxes, but working with planning, zoning, city and county authorities will be necessary and preparation and time will be needed.
Special assessments can also save significant tax dollars. Conversely, being disqualified from special assessment can increase tax liability greatly. The Board of Property Tax Appeals can adjust assessed values, but do not hear cases involving specially assessed values or compliance issues. We can help determine if your property is eligible to have your taxes reduced as a result of farming, grazing, managing timber or other special assessment programs. Just CONTACT US and we'll get some information about your property and discuss what options may be available to you.