If you believe you are paying too much in property tax, you likely have the legal right to appeal the assessment. Doing so may be in your financial interests, as an appeal may reduce the property taxes you owe. If you have a mortgage, there is a good chance the...
assessment appeals
How a 2020 recession will impact you and your taxes in 2021
Americans nationwide are worried about their financial well-being—understandably so. We are experiencing unprecedented times. Many economists predict that America and the world are about to experience a serious economic downturn. Are you ready? Property Taxes Do Not...
Commercial property tax and the mass appraisal method
Running a small business can be stressful for a number of reasons. To start, you have to find your place in a crowded marketplace, which can be a fight in and of itself. You also need to secure top talent and supply chains that are efficient while keeping costs low....
Walmart location currently involved in assessment appeals case
Just like other property owners, business owners have to pay property taxes. The taxes owed on commercial property can be extensive, so understandably, company owners want to make sure that their tax assessments are correct. In some cases, businesses may need to take...
Property tax assessment issues in Cook County
Many changes have happened at the Cook County Assessor’s office in the wake of the controversies over assessments that arose last year. This includes the recent leadership change at the office. It also includes reforms to residential assessments in the county....