NewsNew York's Property Tax Freeze Credit
Beginning this past fall, New York implemented a two-year tax relief program called the Property Tax Freeze Credit. Fall 2014 reimbursement checks were to be sent automatically to qualifying homeowners. To find out more, and to see if you qualified, check out this Fact Sheet issued by the Department of Taxation and Finance. If you did not receive a check, but believe you qualified for the credit, contact the Tax Department. Note that residents of New York City are not eligible for this credit. |
ResourcesNew YorkHave you filed for your STAR or other property tax exemptions that you may be entitled to?
In New York, homeowners who make less than $500,000 per year are entitled to the basic STAR exemption on their primary residence. Homeowners who are over the age of 65 may qualify for an enhanced STAR exemption. Those who have served in the military or are over the age of 65 may qualify for additional exemptions. Do not hesitate to contact us with any questions. Property Tax Assessment
Your property tax assessment reflects the market value of your property. All cities/towns are required to post the annual assessment roll on their municipal or county website. You can find your local assessment roll here. If you think that your assessment is incorrect, you can contest it. If your property is in New York City, you can challenge your assessed value with the NYC Tax Commission. ConnecticutProperty Tax Exemptions
In Connecticut, homeowners how have served in the military, are disable, and/or are over the age of 70 may be entitled to exemptions pursuant to state statute. Property Tax Assessment Your property tax assessment reflects the market value of your property. Check with your local assessor's office for information regarding the Grand List and your assessment. To contest your assessment, submit a written request for a hearing to your local board of assessment appeals. Depending on when your town's Grand List is completed, the deadline for submitting a hearing request is either February 20 or March 20. If you are still not satisfied with the determination by the board of assessment appeals, you may file an appeal with the superior court for the judicial district in which your property is located. |