Council admits tax increase more than anticipated – Bob Cox – Journal Review

The Montgomery County Council met Tuesday for the first time since the news about the increase of property tax payments for homeowners became available. The issue was discussed in detail by council members and those in attendance. At the end of the meeting it was clear no councilman has the exact answer on the complicated and complex reasons some property tax payments have doubled. Every councilman was as surprised as the general public.

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At Innovative, we ensure the property tax bills you pay each year are correct and free from error.  With increased tax rates, changes in tax law, and numerous additional taxes and fees appearing on tax bills, it is important now more than ever to make sure you are minimizing every expense to maximize profitability.  Innovative Property Tax Solutions are the experts you need to make sure you are only paying your fair share of property taxes.  We have the honesty, professionalism, experience and knowledge you need on your side.  

Call us today to see how we can help! 219-472-8682

Property tax bills are due soon in Indiana

May 10th is the statutory deadline to pay Spring installments of your annual Indiana property tax bills.  Most counties have begun mailing their tax notices this week in order to have them in taxpayers hands in a timely fashion.  Depending on where your property is located, you will be receiving one soon.

If there is any question to whether you may be overpaying your property taxes, now is the time to give us a call.  Once tax bills are released, there is a very small window of opportunity to file an appeal.  It is only 45 days from the mailing date of either the tax bills or a notice of assessment change.  If you don’t file in that time frame, you can lose out on an entire year of potentially eligible tax savings.  In addition, there could be other opportunities at reductions depending on your property type and how it is assessed.

Our team of property tax consulting experts will review your situation and help determine whether appealing your property could be beneficial for your business.  We pride ourselves on making sure our clients have the lowest property tax liability possible.  With increased tax rates, changes in tax law, and numerous additional taxes and fees appearing on many 2018 tax bills, it is important to make sure you are minimizing every expense.  Innovative Property Tax Solutions is the expert team you need in your corner.  We have the honesty, professionalism, experience and knowledge you need to ensure you are paying your fair share and nothing more.  A few minutes with one of our experts could help save you big.

Contact us today to see how Innovative Property Tax Solutions can work for you to help save you valuable tax dollars.  219-472-8682

 

Lake County is sending out the 2018 tax bills…a little something extra in Hammond & Lowell’s bills… – Bill Dolan – NWITimes.com

CROWN POINT — Residents of Hammond and Lowell will see a bump in their 2018 tax statements, which are being mailed out this week.

Lake County Treasurer Peggy Katona said more than 200,000 bills, coming due next month, are on their way.

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At Innovative, we make sure property tax bills you pay each year are correct and free from error.  With increased tax rates, changes in tax law, and numerous additional taxes and fees appearing on the 2018 tax bills, it is important now more than ever to make sure you are maximizing every expense.  Innovative Property Tax Solutions are the experts you need to make sure you are only paying your fair share of property taxes.  We have the honesty, expertise, experience and knowledge you need on your side.  

Call us today to see how we can help! 219-472-8682

Indiana official says Lake cannot extend the filing period for property tax deduction. Taxpayers can still file online until Sunday – Bill Dolan – NWI.com

A state official said Friday that Lake County Auditor John Petalas cannot extend the filing period for homestead and mortgage deductions beyond the end of this year.

Jenny Banks, director of communications for the Indiana Department of Local Government Finance, said Friday the auditor’s announcement Thursday of an extension to Jan. 5 was in error.

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IRS Advisory on Prepaying Property Taxes Shouldn’t Affect Hoosiers – Eric Berman – WIBC.com

(INDIANAPOLIS) – The IRS is warning taxpayers playing “beat the clock” with your property taxes may not work. But Hoosiers should be in the clear.

Next year, there’ll be a new $10,000 limit on the deduction for state and local taxes. Some people have been prepaying next year’s property taxes to take the full deduction while they can. The IRS now says you can’t do that unless the assessment for your 2018 bill was made in 2017.

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U.S. Property Taxes Levied On Single Family Homes In 2016 Total More Than $277 Billion – Attom Data Solutions – PR Newswire

IRVINE, Calif.April 6, 2017 /PRNewswire/ — ATTOM Data Solutions, curator of the nation’s largest fused property database, today released a 2016 property tax analysis for more than 84 million U.S. single family homes, which shows that property taxes levied on single family homes in 2016 totaled $277.7 billion, an average of $3,296 per home and an effective tax rate of 1.15 percent.

The report analyzed property tax data collected from county tax assessor offices nationwide at the state, metro and county level along with estimated market values of single family homes calculated using an automated valuation model (AVM). The effective tax rate was the average annual property tax expressed as a percentage of the average estimated market value of homes in each geographic area.

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Tuesday is last day to pay spring property tax bills – NWITimes – Bill Dolan

CROWN POINT — Lake County Treasurer Peggy Katona said her offices will have extended hours Tuesday, the final day for paying the spring installment of this year’s property tax bill.

Read More…http://www.nwitimes.com/news/local/govt-and-politics/tuesday-is-last-day-to-pay-spring-property-tax-bills/article_535bd5b0-3c76-5715-9c68-8632fd116cb1.html

 

The Appeal Deadline is May 23rd.  Give Innovative Property Tax Solutions a call today to see how we can save you from overpaying on your property taxes. 219-472-8682