While home prices are falling, you may find yourself disappointed with your property tax assessed value as reflected on the annual notice of assessment. Fortunately, you can exercise your right to appeal the tax assessor’s assessed value either on your own or with the assistance of a Gwinnett county tax consultant.  Here are the pros and cons of hiring a Gwinnett tax consultant.

Many property owners choose not to hire a Dekalb county property tax consultant and just rely on their own self-taught knowledge and skills about the property taxation system. They think that the cost of hiring said tax professional is just an unnecessary expense. But this is not so because taxpayers can benefit from the expertise of these tax professionals.

Keep in mind that property taxes are the local governments’ primary sources of revenue. For this reason, whenever the local governments are in need of additional funds, such as when the state cuts its budget for the counties, the homeowners will likely shoulder the burden – and, thus, the high property tax on your home. 

When you receive your annual notice of assessment in the mail, you can either just accept the tax assessment and wait for the bill to come or you can file a property tax appeal.  This is where you have to decide whether to seek or not seek professional help from a Clayton county property tax consultant in filing your appeal.  Your decision will be affected by several factors, such as the discrepancy between the appraised value stated on the notice and the appraised value based on your research. 

Many property owners and taxpayers complain about their property tax burden year in and year out yet fail to adopt concrete actions to resolve their issues. Many of them will file assessment appeals to reduce their Cobb county property tax as soon as possible, usually within 45 days after the date reflected on the annual notice of assessment.

If you want to file a Fulton county commercial property tax appeal, you have to be ready with the more aggressive approach taken by the county government. This is reasonable considering that the tax collections and resources of the government will be affected, whether you win or lose your appeal.  Good thing there’s something that you can do to counter the aggressive approach with your own effective approach.

For Gwinnett commercial property owners, the stakes when it comes to property taxes are higher, especially when these represent a substantial percentage of their overall operations cost. Thus, the need to file a Gwinnett commercial property tax appeal on a yearly basis, if necessary, is emphasized!

Under the law of the State of Georgia, property owners can choose from three venues in filing their DeKalb County property tax appeal papers, namely, Board of Equalization (BOE), Hearing Officer, and Binding Arbitration. In many cases, both the property owner and the BTA can agree to elevate the appeal directly to Superior Court depending on the circumstances surrounding the case. 

A single mistake in your real property’s assessment will be reflected on your annual notice of assessment. So as a property owner and taxpayer, you should be curious about the basic ins and outs of the DeKalb County property tax assessment process. Your basic knowledge about the assessment process can mean the difference between winning and losing your appeal.

By now, the benefits of hiring a Cobb property tax consultant as a third-party vendor that provide a wide range of tax services should be evident by now. In brief, these benefits include freeing up valuable internal resources including manpower hours for expansion purposes and mitigating the risks associated with non-compliance with the law.