Thursday, December 27, 2018

New Nassau Re-Assessments

The 2020 Nassau reassessment notices use the 2017/18 assessment and market value and taxes to compare with the projected 2020/21 market value and taxes. This is not a good comparison as the 2017/18 market value was based on an old, out-of-date ratio of .25%. For many of our commercial and residential clients, we successfully reduced the assessment in 2018/19 and 2019/20. You should have a qualified attorney review the tentative 2020/21 assessment to advise you, if a protest should be filed in January 2019.

Let the taxpayer be aware!