American inventor and signer of the Declaration of Independence, Benjamin Franklin has been widely credited with coining the phrase “…in this world, nothing is certain except death and taxes.” Although that may be so, at least property owners in a municipality may appeal their assessments each year and possibly catch a lucky break on the […]
How Commercial Properties are Classified Matters for Annual Municipal Tax Assessments
Challenges to property assessments for annual municipal taxes cannot be based on a challenge to the mill rate itself. That rate is set by the various local municipal councils based on budget projections for the respective local municipalities for the coming year. However, two arguments that may arise are when assessments have been based on […]