Showing posts with label Higher Property Taxes in Nassau County. Show all posts
Showing posts with label Higher Property Taxes in Nassau County. Show all posts

Tuesday, February 15, 2022

Nassau Tax Assessments are Frozen - but are they correct?




The Nassau Assessor has again failed to correct assessments that are too high and instead uses the same assessments that were used for the 2020/21 tax year.

Due diligence and simple protections require the new 2023 assessments to be checked to see if they are correct; assessments are only part of the tax picture as the ratio of assessment to market value changes almost every year and the Covid pandemic has certainly changed values.

The tax rates have risen dramatically since the 2020 re-assessment and even if the assessment stays the same the taxes might be higher.

That is why it is important to have the assessment checked during this filing period now open until April 30, 2022 with an experienced tax certiorari attorney.

Stay alert for correspondence from the Assessor and stay safe.

Wednesday, February 29, 2012

Where is My Nassau County Tax Refund?


Recently newspaper headlines in Nassau County have focused largely on the mass rounds of government employee pay cuts and firings. According to the County, the blame for these pay cuts and firings is a $300 million budget deficit.

I understand that expenses have to be cut. However, this layoff scenario in the County Attorney’s Certiorari Department, Assessment Review Commission and Treasurer’s Department is a classic “kick the can down the road” to the next administration. Who will suffer? Certainly, anyone entitled to a tax assessment reduction/refund might not have the wherewithal to wait for relief. Try and tell the mortgage company or the tax receiver “I expect to get an assessment reduction and refund, my attorney settled the case. However, it will be several years until I receive my refund. Can you wait?”

The failure of the Nassau County Legislature and Administration to work with NIFA in accepting over $100 million dollars in bonds to pay off the judgments ordering real estate tax refunds is not only disgraceful, it makes very little sense. Why would the County not want to payoff these interest earning judgments as soon as possible? The slower the real estate tax refund process is, the higher will be the ultimate payout because of the interest accrued. Wouldn’t the County rather spend their money some other way than just paying off interest due? Doesn’t the tax payer deserve their refund immediately?