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Easing the Property Tax Bite

Are property taxes on your home pushing you closer to the poorhouse? You're not alone.

Homeowners across the country are starting to fight back as their home values drop while their assessments continue to rise.

But is your assessment correct? It may not be. The National Taxpayers' Union estimates that anywhere from 30% to 60% of all homes are over-assessed. If this is the case with your home, don't wait for legislative tax relief - fight back now!

  1. Your property description contains errors such as the number of bedrooms or square footage.
  2. Your neighbors' have lower assessments.
  3. Homes for sale in your area are selling for less.
  4. Your home has structural damage that would lower its value.
  5. Your home is subject to an easement or is in an area near a highway or railroad track.

These could be reasons to fight back.

30% to 50% of homeowners who fight their assessments win a reduction. So why not you?

Visit your tax collector today.

We hope this article was helpful. But if you’d like to read more on this—or a closely related—subject, just click here.

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Straight Talk Tip


Aging Parent Deductions

If you provide more than half of an aging parent's support, you may be able to declare your parent a dependent even if he or she is not living in your home. In addition to getting the dependent deduction, you may also be able to take a tax deduction for your parent's medical expenses. To prove you pay the expenses, pay your parent's bills directly to the provider, rather than giving your parent(s) the money to pay the bill.


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