Indiana has lowest property taxes in the Midwest, study finds – Joseph S. Pete – NWITimes

In west Lake County, it can seem that a car is almost as likely to have Illinois license plates as Indiana plates in recent years.

Many south suburban Chicago residents have been moving across the state line to Northwest Indiana, especially the Tri-Town area, in search of more home for their buck and lower taxes.

A new study by the personal finance website Wallethub has found property taxes are substantially lower in Indiana than in Illinois — often thousands of dollars lower per year. The average property taxes on a $194,000 home, which would typically be much larger in Northwest Indiana than Illinois because of lower home prices, are $1,679 in Indiana, compared to $4,476 in Illinois.

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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


The Farmer’s Exchange Online Fixing Property Tax Assessment Inequities Would Reduce Revenue

The Farmer’s Exchange Online Edition is the place to go for agriculture news and events, your source for auctions of all varieties in the northern Indiana, Southwestern Michigan, and parts of Ohio and Illinois. Featuring online classified ads and farm equipment listings.

Source: The Farmer’s Exchange Online Fixing Property Tax Assessment Inequities Would Reduce Revenue

It’s Election Day

In the United States, midterm elections tend to have the lowest voter turnout when compared to presidential election years.  However, the 2014 midterm elections are as important, if not more so.  Why?  Midterm elections have the ability to change the political climate for the next two years and possibly beyond, depending on their outcome.  When the entire House of Representatives is up for grabs plus a number of Senate seats, it can drastically change how legislation is handled in Congress, thus affecting citizens of this country.

Midterm elections are a representation of the general pulse of the voting public.  They serve as a barometer of how the voting public feels their current representation serves them.  In recent history, approval ratings of presidents have reflected in midterm voting where the shift in partisan control has often moved to the opposing party.  This is sometimes a preview of what’s to come in the next general election.

As a United States citizen, voting in elections gives you the ability to decide who makes the policies that you live by.  Issues like education, social service issues, property taxes, and medical care are all represented in these elections.  While IPTS doesn’t endorse any specific candidate for any office, we do encourage anyone that is able to go vote and let your voice be heard.