Indiana recently amended certain provisions of its state statutes and regulations relating to the state’s real property tax sale notice requirements and dollar amount threshold for high cost loans. These changes are effective July 1, 2018.
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.
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
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
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.
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
A northern Indiana trial court must dismiss a case it originally transferred to the Indiana Tax Court, the Indiana Court of Appeals ruled Monday after finding insufficient evidence to prove the tax court’s jurisdiction.
After the Department of Local Government Finance issued its first “weighed average” township assistance property tax rate in 2015, the town of Griffith sought to transfer out of Calumet Township under Indiana Code section 36-1-1.5-2. That section, enacted in 2013, allows “eligible municipalities” to transfer to an adjacent township if their original township has a township assistance property tax rate that is 12 times higher than the statewide average.
ANDERSON — The Mounds Mall building will remain on the tax certificate sale but the iconic Wigwam was given a reprieve by the Madison County commissioners.
A motion made by Commissioner Mike Phipps on Tuesday to remove the Mounds Mall building from the April 9 tax certificate sale died for the lack of a second.
Multifamily property owners and appraisers are often creatures of habit. They generally calculate a property’s value for tax purposes the same way they do for an investment. If an apartment complex recently traded for $10 million, the buyer’s appraiser may reason that the property would be assessed at $10 million for taxation purposes.
This recent article in the Multifamily Executive highlights a case that Innovative Property Tax Solutions recently won at the Indiana Board of Tax Review. Our results provided our client thousands of dollars in tax relief.
Take a look and call us to see how Innovative can save you valuable tax dollars too!! 219-472-8682
NEW CASTLE — The Henry County treasurer recently warned taxpayers that Indiana Code 6-8.1-9.5, passed in 2017, allows counties to collect outstanding debts owed to local units of government by intercepting personal state income tax.
The United Steelworkers Local 6787 has raised the white flag of surrender in its long battle for property tax exemptions on its Portage union hall and banquet center.
The union local recently withdrew its latest round of challenge before the Indiana Board of Tax Review, according to documentation provided by Porter County Assessor Jon Snyder.
EVANSVILLE, Ind. — A new statewide township reform proposal contains a provision that could — but likely won’t — help reduce a huge disparity in poor relief funding in Vanderburgh County.
As part of the bill that will be heard in the Indiana House Ways and Means Committee next week, townships could appeal to the state for a two-cent increase in their property tax rate funding “township assistance.”