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 legal action for assessment appeals.
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.