The Temporary Disaster Exemption Law is a brand new law that may drastically reduce your 2021 property tax bill. If your commercial, residential or business personal property was physically damaged from the snow storm by busted pipes, falling limbs, or otherwise, you may qualify for a property tax exemption. Do I qualify? If your property […]
Read More...The Texas Tax Code provides a lot of deadlines (established by the Texas legislature) throughout the year. We have scoured the Tax Code and compiled what we believe are the most important and relevant to you, here below. January 1 – This is the date that taxable values are determined. In other words, what is […]
Read More...With the passage of Senate Bill 2, and other legislative bills, Texas will see a reformed system in 2020. Most of these changes are property owner and taxpayer friendly. For those persons that make decisions of your values in formal hearings on property tax protests, the Appraisal Review Board (ARB) members, must now undergo additional […]
Read More...Every year, thousands of Texas property owners file lawsuits to further appeal the taxable values of their properties. A lawsuit can be an effective way to further reduce your value, thereby further reducing the amount of taxes you are required to pay. The overwhelming majority of property tax lawsuits involve appeals based upon the valuation […]
Read More...Your property taxes are due, and there’s another increase. What can you do? Well… quite a lot. Often, property tax has been incorrectly assessed, and when this happens, you’ve got a great chance of getting it reduced by following these easy steps. Review Your Property Tax Card Your property tax card can tell you a lot about […]
Read More...Property taxes for commercial, industrial and high-end residential properties are a major expense and are based on various types of tax assessments. The assessment takes into account a large number of factors, each of which is subject to interpretation. There are laws, regulations and procedures for filing tax protests and a system of appeals that […]
Read More...Property tax appraisals and assessments are an unending source of confusion and misinterpretation. Many commercial, industrial and high-end residential property owners assume the local government appraisers use fair and uniform methods for determining property value, and in fact, they may try to do so via computer programs that take bias out of decision-making. However, the […]
Read More...The last decade has shown that the market can sink into a recession just as quickly as it can recover. Property owners typically feel these fluctuations more than others since everything from the stock market to revised industrial property taxes can affect real estate values. If you own industrial property, it’s unfortunately far more vulnerable […]
Read More...According to a recent analysis from the National Taxpayers Union, as much as 60 percent of the nation’s real estate is over-assessed. That means, if you own business or residential property, there’s a reasonably good chance you’re paying too much in property taxes. There are several reasons for this state of affairs. For one thing, when […]
Read More...It’s that time again. Your property taxes are due, but you’ve noticed an unexpected tax increase. If you’re wondering why, here’s how you can find out and some steps you can take to address the changes. Take a Look Around Your Neighborhood First you need to understand that one of the factors in assessing the […]
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