Businesses and individuals may be able to cut costs significantly by
challenging property tax assessments.
Such challenges enjoy a surprisingly high success rate. If it seems that an assessment is higher
than that those of comparable properties, or if recent developments affecting
the property's value have not been taken into account, then a challenge should
at least be considered. To find out
whether comparable properties have a lower assessment, city or county public
records can be checked.
Firms that specialize in property tax assessment challenges often work
on a contingency basis, so that the financial risk of trying to get the tax
lowered is small. Preparation for a
challenge must usually be done well in advance, since there is usually a
deadline within which the taxpayer can challenge an assessment.
For further information, contact Louis P. Stanasolovich, CFP™ at (412)
635-9210 or mailto:firstname.lastname@example.org