Fighting Your Property Tax Assessment
By: Katrina Irwin
Updated: December 10, 2012
He talked about contesting your property tax assessment.
According to The Tax Foundation, the median property tax paid in New York State is almost double the national median. Locally, Orleans, Monroe and Wayne counties are ranked #1, 3, and 5, respectively, for the highest property tax burden in the nation.
Property taxes are levied by cities, towns, counties, villages and school districts to pay for services.
The property tax is determined primarily by two factors - the assessed value of the property, multiplied by the tax rate. Now is a great time to look into your assessment because most of the deadlines for contesting an assessment are between February and June.
Confirm the required deadlines with your assessor's office before you begin the process.
For more resources, visit http://www.tax.ny.gov
