News & Analysis as of

Property Tax Tax Assessment Coronavirus/COVID-19

Property Taxes are taxes levied against the owner of property located within a particular jurisdiction. Property taxes are often used to refer to taxes on real property. Property taxation schemes vary depending... more +
Property Taxes are taxes levied against the owner of property located within a particular jurisdiction. Property taxes are often used to refer to taxes on real property. Property taxation schemes vary depending on the country or jurisdiction.  However, a popular system involves a government assessment of the value of a property and a rate based on a proportion of the assessed value. A property may be subject to taxation by multiple taxing entities.  less -
Tucker Arensberg, P.C.

Understanding the Impact of Changing Common Level Ratios on Commercial Property Taxes

The “Common Level Ratio” (CLR) is a figure calculated by a state administrative body every year for every county. The CLR reflects the relationship between assessed and (fair) market values....more

Cozen O'Connor

Broad Street Brief: Philadelphia Zoo’s New Giraffe Exhibit Fosters Friendship Between People and Animals

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Philadelphia Zoo’s New Giraffe Exhibit Fosters Friendship Between People and Animals- Giraffe Encounter, the Philadelphia Zoo’s newest exhibit that opened last Thursday, allows the public to get up close and personal with...more

Buckingham, Doolittle & Burroughs, LLC

Deadline to Save on Your Real Property Taxes Approaching – It’s time to check if your property tax valuation is inflated.

Property owners and certain tenants may challenge the taxable value of their property for the 2021 tax year by filing a real property tax valuation complaint before March 31, 2022 to reduce their property taxes. For the first...more

Farrell Fritz, P.C.

Long Island Real Property Tax Alert - September 2021

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Pandemic Related Changes to the Property Tax System Have Been or Will Be Restored Last year, grievance filing deadlines and tax due dates were changed by nearly every jurisdiction to suit the circumstances. Most, if not all...more

Bricker Graydon LLP

Ohio Senate Bill 57 provides real property tax reduction opportunities

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Governor DeWine recently signed Senate Bill (S.B.) 57, a law that affects Ohio real property tax valuation complaints. Commercial and industrial property owners that have been negatively impacted by the COVID-19 pandemic...more

BakerHostetler

[Podcast] The Latest in the World of Property Tax

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Listeners in the property tax world have been clamoring for an update. Here is the latest in property taxes: pandemic implications, dark stores, intangibles, and more. Dave Ebersole joins Matt Hunsaker in the virtual studio...more

Faegre Drinker Biddle & Reath LLP

April Brings a Shower of Increased Property Tax Assessments for Iowa Businesses

Despite the crush of the COVID-19 pandemic, April 2021 brings a shower of increased property tax assessments for Iowa businesses. Now is the time to analyze and consider challenging excessive values. Iowa’s commercial...more

Fox Rothschild LLP

Real Estate Tax Appeals During The Pandemic – 10 Key Takeaways

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As the COVID-19 pandemic continues to impact the commercial real estate market, property owners will be focusing on ways to reduce operating expenses, including real estate taxes... ...more

Maynard Nexsen

Property Tax Revaluations During the COVID-19 Pandemic

Maynard Nexsen on

The COVID-19 pandemic continues to apply pressure to already cash-strapped local governments. Even before the pandemic, many counties across North Carolina were grappling with budget deficits and mounting debt. Now, as...more

Faegre Drinker Biddle & Reath LLP

Will COVID-19 Impact Your Eligibility for an Indiana Property Tax Exemption?

Indiana property tax exemption applications must be filed on or before April 1, 2021. To grant an exemption, a county’s property tax assessment board of appeals will look at both the physical status and use of a property as...more

Farrell Fritz, P.C.

COVID-19 IMPACT: Long Island Real Property Tax Alert (UPDATED)

Farrell Fritz, P.C. on

Real Property Tax Payment Deadline – Nassau County General Tax Deadline has been extended to March 12. Governor Cuomo has issued a new Executive Order which extends the last day to pay first half Nassau County general taxes...more

Tucker Arensberg, P.C.

Allegheny County Property Tax Appeal Season Recommences: COVID May Have an Economic Impact on Your Property

In Allegheny County, tax appeal season has begun for 2021. Every year, County property owners have the opportunity to file an assessment appeal, and as always, an appeal may provide an opportunity for a reduction in your...more

Farrell Fritz, P.C.

COVID-19 IMPACT: Long Island Real Property Tax Alert (UPDATED)

Farrell Fritz, P.C. on

Nassau County Assessment Grievance Filing Deadline Extended to April 30, 2021. The last day to file a grievance to protest the real property tax assessment, which will determine your 2022/23 School and 2023 General taxes, is...more

BCLP

Empty property rates in England; how can a business mitigate its liability?

BCLP on

A tax on failure - Empty property rates is a tax on failure; the failure of the owner to find either a profitable use for the premises or a tenant to pay a rent. Since March 2020, reliefs have been available to cushion...more

Williams Mullen

Williams Mullen's COVID-19 Comeback Plan: Tips for Virginia Real Estate Assessment Appeals in a COVID-19 Environment

Williams Mullen on

Litigation partner Shane Smith gives tips for protecting and improving your real estate assessment appeal rights and options in Virginia....more

Fox Rothschild LLP

Deadlines To Appeal Property Tax Assessments Loom As PA Releases Common Level Ratios

Fox Rothschild LLP on

The Pennsylvania Department of Revenue has effectively increased the value of commercial real estate in many counties with its recent release of common level ratios, creating an opportunity for owners of retail, office,...more

Neal, Gerber & Eisenberg LLP

Hotels Should Start Preparing Now for Property Tax Appeals

As hotels and other hospitality businesses suffer from the COVID-19 lockdown, it’s important that they move quickly and proactively to lower their property taxes. In many states they’ll be able to lower the amount they owe as...more

Lowndes

Florida 5th DCA Says No More to Rushmore

Lowndes on

In a decision that will potentially have far-reaching implications in the property tax world, Florida’s Fifth District Court of Appeal issued an opinion today in Singh vs. Walt Disney Parks and Resorts, a tax appeal involving...more

Dickinson Wright

Governor Whitmer Extends Dates for Some 2020 Property Tax Assessment Appeals

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As a general rule, the deadline for filing a property tax assessment appeal with the Michigan Tax Tribunal is May 31 for commercial real property, industrial real property, developmental real property, commercial personal...more

Miller Canfield

Michigan Property Tax Assessment Appeal Deadlines Extended

Miller Canfield on

On May 16, 2020, Michigan Governor Gretchen Whitmer signed Executive Order 2020-87 temporarily modifying the procedures and deadlines for protesting residential property tax assessments, appealing from commercial and...more

Farrell Fritz, P.C.

COVID-19 IMPACT: Long Island Real Property Tax Alert (UPDATED)

Farrell Fritz, P.C. on

Suffolk County Adjusted Grievance Filing Deadlines are now set. Each Town in Suffolk County has moved its grievance filing deadlines and some have altered their filing procedures as well....more

Bond Schoeneck & King PLLC

Real Property Tax Grievance Procedures Adjusted Due to COVID-19 Crisis

Assessors have now received the guidance they have been waiting for as to how the real property tax grievance procedures in New York State will change during the COVID-19 crisis. The deadlines for the publication of tentative...more

Faegre Drinker Biddle & Reath LLP

In updated COVID-19 FAQ, Indiana Department of Local Government Finance clarifies application of interest to late property tax...

On April 24th, the Indiana Department of Local Government Finance updated its FAQ covering topics related to “COVID-19 & Executive Orders,” as those orders relate to property tax assessments, collections and payments....more

Faegre Drinker Biddle & Reath LLP

In further response to COVID-19, Indiana Governor Orders Waiver of Miscellaneous Assessments and Fees on Property Tax Bills

On April 15, 2020, Indiana Governor Eric Holcomb issued Executive Order 20-21 addressing, among other things, “Miscellaneous Assessments & Fees on Property Tax Bills.” Section 4 of the Order states...more

Faegre Drinker Biddle & Reath LLP

Indiana Department of Local Government Finance issues FAQ regarding personal property tax filings, waiver of penalties, 2020...

As posted earlier, on March 19, 2020, Indiana Governor Eric Holcomb issued Executive Order 20-05. Section 6(B) of the Order states: Property taxes remain due on May 11, 2020, however counties are to waive penalties on...more

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