Tag Archives: property tax

Cuomo: $80 Million to Help Local Government

Property Tax and Assessment News:   ALBANY, N.Y. (AP) — Gov. Andrew Cuomo proposed at least $80 million in state aid Tuesday to help New York cities and counties escape a decades-long cycle of higher taxes and reduced services in … Continue reading

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Property Tax Refunds

The New York State Real Property Tax Law (RPTL) authorizes a property owner to petition the court for relief in the case of property assessments. Under this provision, property owners who pursue this relief may obtain a court settlement, known … Continue reading

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Westchester Condos get Tax Break

IN THE NEWS:   To best understand the substantial property-tax breaks granted condominium owners in New York, consider two homes in downtown Scarsdale, both worth about $1 million. Software engineer Bruce Wells owns a single-family home on a quarter-acre at … Continue reading

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When to Initiate a Property Tax Appeal

As property tax bills start arriving in mailboxes, many homeowners might be surprised to find their assessed evaluation is higher than they anticipated. According to the National Taxpayers Union, between 30 and 60% of taxable property in the U.S. is … Continue reading

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