One of the best ways to reduce your tax liability is to obtain tax exemptions. Since you may have little knowledge about the matters related to tax exemptions, you will want to hire a Hall County tax consultant.
One of the best ways to reduce your tax liability is to obtain tax exemptions. Since you may have little knowledge about the matters related to tax exemptions, you will want to hire a Hall County tax consultant.
Getting the best property tax advisors in Atlanta should be given careful thought considering their valuable roles in the achievement of your property management goals. Start by comparing their credentials, follow with choosing from among them, and begin the professional relationship. Here’s the three Cs that you can keep in mind in doing so.
One of the venues to file an appeal of property taxes is the Board of Equalization (BOE), aside from the hearing officer, arbitration, and Superior Court. But many property owners and taxpayers have little knowledge about the composition, roles, and responsibilities of the BOE in the appeal process. This is such a shame considering that the BOE plays important functions.
The administration of property taxes involves three main offices, namely, the tax assessors, the chief appraiser, and the tax commissioner. In many counties, the roles of the tax assessors and chief appraiser are combined in a single office. This is true for the Gwinnett County tax assessment process whereby the tax assessors have a chief appraiser and a staff of property appraisers.
When you invest in rental property, you’re well-advised to hire a reliable provider of real estate tax services. You will appreciate said services considering the complicated rules and regulations of the Internal Revenue Service (IRS), the county tax assessor’s and tax commissioner’s offices, and other agencies.
Unfortunately, not every property owner and taxpayer can win a property tax appeal. But it can safely be said that most of those who don’t win didn’t have the proper perspective about the process and the people. Here are a few important things that will contribute to your winning perspective.
Many taxpayers believe that the Hall County tax assessment values and market values for real property are one and the same thing. This is far from the truth, a misconception that can adversely affect a misinformed taxpayer’s efforts to reduce property taxes.
For many of the best property tax advisors in Atlanta, a contingency fee agreement with their clients is a win-win proposition. On one hand, the tax advisors can attract more clients to hire them for their professional services, such as winning assessment appeals. On the other hand, the clients can obtain tax reduction-related services, such as assessment appeals again, without incurring high initial costs.
If you filed an appeal of property taxes – or more appropriately, on your property tax assessment – but you have been losing it, year in and year out, you’re likely committing one or a few of these mistakes. Of course, each case is different but these are common mistakes that you should be on the lookout for, especially when you’re dealing with the appeal process on your own.
With House Bill 202 already in effect since January 1, 2016, property owners/taxpayers have been given more rights and responsibilities particularly where the tax assessment and appeal process is concerned. Your enhanced power is such that you even have increased access to the records including the information kept by the Gwinnett County Tax Assessor for the purpose of questioning the appraised and assessed value of your real property. Here’s what you have to know about it so that you can use it for your own benefit.