Showing posts with label 2016 Suffolk County Grievance Deadline. Show all posts
Showing posts with label 2016 Suffolk County Grievance Deadline. Show all posts

Thursday, November 15, 2018

What is Property Tax?



Property tax is the amount of tax that a homeowner needs to pay every year for owning that property. It is a type of ad valorem, a term derived from Latin which means 'according to value'. The tax of a property is calculated based on the assessment of the value of the property.

Local property taxes imposed on every homeowner in the locality is used to fund many public properties and service such as schools, libraries, and fire department. This tax is the major source of funding in most counties across the United States. Some property tax bills show how the funding is used and distributed and what portion of the money goes to any specific public expense.

Assessing property tax is done entirely by the local tax assessor's office upon the guidance of PTRC. It is calculated every year or once in five years depending on the state and local laws. The tax assessment is first sent out to homeowners which is followed by actual tax bill for the property. The final assessment is based on the estimation of the market value plus other elements such as sales comparison, cost method, and income method.

While comparing sales, your property is compared with other similar properties that were sold in the recent months or years. It is then adjusted to variables that may increase or decrease the value of your property such as home additions, improvements and renovations. In the cost method, the assessor will calculate the total cost of rebuilding the property from the ground up taking into account labor and materials used.


If the property is old, depreciation is factored in as well. The cost is then added to the value of the land. For business and commercial properties, the PTRC assessor will use the income method to arrive at the final assessment. Here, the income that the property would generate if it is rented out is calculated based on rental rates, maintenance cost and other expenses.

The property's assessment is finally multiplied with the local tax rate. This rate is usually called as mill rate. One mill is equal to $1 for every $1000 of the value of the property or depending on what the local or state government has determined. The final value of the mill rate may vary from one region to another. Local government often decide how much tax revenue should be generated in order to keep the public services up and running.

Friday, August 10, 2018

The Amazing Breweries Of Long Island

Long Island Breweries 

Long Island is filled with microbrewery tasting rooms, nanobreweries, and sensational craft beer. Local restaurants have this beer on tap and the selection of breweries is consistently increasing. Some of the best breweries are detailed below with the compliments of P.T.R.C.



The Lithology Brewing Company 


The doors to the tasting room at this brewery have finally opened. Lithology considers microbrewing a sci+ence and uses only the best possible ingredients. Their Brown Ale was honored with the silver medal at the International Craft Beer Competition of 2016 in New York. Their additional offerings include a Belgian witbier, a savory vanilla porter, a flaked wheat summer ale and a dry-hopped pale ale.

The Flying Belgian Brewery 


This small facility produces the finest Belgian style beers and distributes to numerous restaurants on the island. There are always two beers being rotated including Illegally Blonde. This blonde Belgian beer is a classic with a darker hue. The rotation also includes a smooth honey ale called Salvation a la Mode. The brewery offers a wide selection of beers and is planning an expansion into Queens and Suffolk. P.T.R.C. is definitely aware of this sensational brewery.

The Black Forest Brew Haus 


The Black Forest Brew Haus is a German Style Brewery and opened their doors in 1999. They serve loaded potato pancakes, hot Bavarian pretzels, and stuffed dumplings but are known for the beer they brew on the premises. This includes German Marzen, Hefeweizen, the Cannonball IPA and the Belligerent Hipster IPA. This is where Long Island celebrates happy hour.

Garvies Point Brewery 


Garvies Point Brewery offers handcrafted brews made in small batches. The brewery produces in excess of 1,000 gallons of beer every month. This includes some complicated concoctions such as Belgian witbier, IPA's, double IPA's and a porter with coffee and chocolate notes. They have recently released the Wunderkind IPA and serve their beer in keg and draft form.

The Barrier Brewing Co. 


This is a microbrewery with a specialty of small batches. The brewery offers a wide variety of selections and their latest creations are available in the testing room. The motto of this brewery is it is about the quality and not the quantity. The Barrier Brewing Company was founded in 2007 and pours fifty different kinds of beer every year. The flagship brew is always changing because the batches are small. The most popular selections include Lights Out Stout, Barnacle Brown, Beech St. Wheat and Dunegrass DIPA.

Monday, December 19, 2016

Submit Your Signed Nassau AND Suffolk County Application Today!

Property Tax Reduction Consultants
125 Jericho Turnpike, Suite 500 
Jericho, NY 11753
(516) 484-0654 or (631) 484-0654

property tax reduction- tax grievance

The holiday season is in full swing and your to-do list is about as crowded as the beach on a sunny Sunday. It can certainly be nerve wracking, but your friends at P.T.R.C. Inc. have one more thing for you to tack on. If you live in Nassau or Suffolk County, you NEED to submit your tax reduction application today! It's not an overnight process, so the earlier you submit, the sooner we can get to work. The deadlines are as follows:

Nassau: March 1, 2017
Suffolk: May 16, 2017

Note: These applications are for the 2018/2019 tax year. In Nassau County, the process typically takes about 18-24 months or 12-18 months in Suffolk County. You will NOT see tax reductions in 2017 unless you filed last year. 

The good thing about working with P.T.R.C. Inc. is that we ONLY get paid if the reduction is successful. There is no qualifying fee or a fee for a lost case, so what do you have to lose? If we are granted a reduction by the board, we receive 50% of the property tax reduction payable after the official notification. We can afford to do this because we have had great success with reduction cases in our 26 years! 

Filing a tax grievance with P.T.R.C. Inc. is like stuffing the ballot. There are other reduction services out there, but our team gives you the best chance to succeed and our success leads directly to your savings. So we ask again... what are you waiting for? 

If you're ready to file now or early in 2017, head over to www.ptrc.com to download your application. If you have any questions, feel free to contact us at 516/631- 484-0654 or email info@ptrc.com. 

Thursday, December 8, 2016

Suffolk County Homeowners- The Time to File is Now

Property Tax Reduction Consultants
125 Jericho Turnpike, Suite 500 
Jericho, NY 11753
(516) 484-0654 or (631) 484-0654

suffolk county tax grievance- tax grievance process

Do you live in Suffolk County and feel that your property taxes are simply too high? If the answer is yes, don't doubt yourself! There's a good chance that your taxes are unfair and through our service, we can help you reduce them to a reasonable level. 

Since 1990, our team at P.T.R.C. Inc. has been helping Long Island residents reduce their property taxes and the time has come for another year of success stories! If you're looking to reduce your property taxes for the 2018/19 tax year, the time to file a grievance is approaching. Your Suffolk County application can be found on our website and it is best to get a head start because the deadline to file is May 16th, 2017. 

How does it work? 
Good Question! Let's go through the process together: 
  1. You submit your application and we will send you an email confirming that we have received it. 
  2. Since you're a Suffolk County resident, we will submit your grievance to the Board of Assessment Review. Based on their decision, we will either accept the reduction or move on to the Small Claims Assessment Review (SCAR). 
  3. Once we're successful, you will either receive your reduction on your tax bills or in the form of a refund check It's that simple! 
If you have any more questions about the Suffolk County tax grievance process, one of our experts would be glad to assist you. Call 631-484-0654 or email info@ptrc.com to learn more. And don't forget, the deadline is approaching fast and the time to file is now! 

Thursday, May 12, 2016

5 Days Remain Until Suffolk County Grievance Deadline

Property Tax Reduction Consultants
125 Jericho Turnpike, Suite 500 
Jericho, NY 11753
516-484-0654 or 631-484-0654
www.PTRC.com

If you're a Suffolk County homeowner who plans on filing a grievance, you only have five days left to do so. You must act quick!

Property Tax Reduction Consultants are here to help you with any questions you may have about the application or grievance process. If you still need to fill out your appliction, please visit www.ptrc.com right away and sign your application through our website.

Remember, this is your once a year chance to save money and receive a refund if you're in fact overpaying on your Suffolk County property taxes. There is no risk in trying and your current property taxes will not increase because of this process.

Property Tax Reduction Consultants can be reached at 631-484-0654 should you have any questions.