Friday, January 18, 2008

Using A Property Attorney And What Affects The Taxes

by Fresh Maseko

A property tax attorney can help you if you owe delinquent property taxes. They can help you save your property from a property tax auction. Whether you need an attorney for fighting a high assessment value or for help establishing a payment plane to pay delinquent taxes, you should find one that specializes in these areas. A divorce lawyer or a estate lawyer may not be the best choice in this case. You need someone that understands the tax laws, and has dealt with property tax issues. This will benefit you more than you could understand. Someone that knows the tax laws is more qualified.
The property tax attorney will need all the available documents. The attorney will more than likely ask a private company to do another assessment of the property. This just ensures that you have grounds for an appeal. If the private company finds the assessment to be accurate, you might need to reconsider your appeal.

The property tax money

What does the school district do with the money? The school districts use the money to pay teachers, supervisors and custodians. They money is also used towards school lunch programs as well as the new breakfast programs some schools offer. Anything related to building a school, up keep and remodeling is all funded with tax dollars. Some of the money is used for books and other supplies needed in the school for computer classes, woodshop, home economics and science materials. The money spent by schools is for bettering the education of children.

The overall picture about where your property tax money goes is vague. Every state and community has a board called a finance committee that designates where your property tax money goes and how it is spent. Just because the school district receives so much money, they still have to explain to the committee why they need the money and they have to present a proposal to the committee.

What really affects taxes?

One thing that affects your property taxes is the changes to tax laws, state aid formulas and classification rates by the legislation. This has a big impact on your property taxes after an assessment of your property has been concluded. You may see a huge jump in property taxes when the legislative committee approves a tax hike. There is no way around this for property owners, unless you challenge the assessed value of your property through an appeals process. However, the classification rates and tax laws cannot be affected in a property tax appeal.

But depending on the state you live in or even the county, you might see an addition to you property tax bill for any road or sewer work done in the prior year in front of your property. This amount is usually split between all the property owners in the area where the work is done. This does happen quite often, which is one reason many potential buyers look for properties on newer streets that have had necessary work already done. These are all things that affect your property tax bill. For the most part, you have no way to avoid the increase in tax or paying the tax. You can use an appeal process depending on which part of your tax bill you are questioning.

About the Author
For more information on free property value and guidelines, you can check out the following website:Property Information Guide.

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Using A Property Attorney And What Affects The Taxes

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