Frequently Asked Questions Answered
Property Tax Reduction Consultants
125 Jericho Turnpike, Suite 500
Jericho, NY 11753
Jericho, NY 11753
516-484-0654 or 631-484-0654
www.PTRC.com
Do you have questions about the grievance problem? If so, you aren't the only one! We're here to answer some of the most frequently asked questions that homeowners in Nassau and Suffolk have about the grievance process.
What is property tax grievance?
Property Tax Grievance is a formal complaint against the assessed value of your property. There are two levels: Administrative Review (BAR OR ARC) or Judicial Review (SCAR).
What is a property tax assessment?
Property assessment is one of the factors used by local government and schools districts to determine the amount of your property taxes. A property assessment is based on market value. Market value is how much a property would sell for under normal conditions.
When is filing time?
Nassau: January 1st-March 1st
Suffolk: May 1st-May 19th
Why do taxes go up every year?
Your property taxes (assessment) which appear on your tax bill, are multiplied by the tax rate to determine what you pay in taxes. Tax rates generally increase every year, so even if your assessment remains unchanged, your taxes increase.
What can I do about this?
As a homeowner, you are entitled to file a property tax grievance. This allows your assessment to be reviewed by the assessor to see if a reduction is warrented. If the assessor does not reduce your assessment, an appeal can be filed to have an impartial hearing officer determine if your house is overvalued for tax purposes.
What if my request is turned down?
Your property taxes will remain unchanged. There are no penalties, and you can file again next year if you choose.
If you're interested in reducing your property taxes, we encourage you to contact us today by calling 516-484-0654 or visit www.ptrc.com.
Comments
Post a Comment