Property Tax Lawyers in Naugatuck
In Naugatuck, Connecticut, the government imposes a tax (a legally-mandated payment made to the government) on real property. "Real property" is defined as any piece of land, or object permanently or semi-permanently adhered to the land (such as buildings, trees, minerals, etc.).
In Naugatuck, Connecticut, property taxes are measured as a percentage of the land's value. They are most frequently paid annually. But in any case, they are paid at some set interval.
Federal authorities do not collect a property tax. Only state and local governments collect property taxes, as a general matter.
How Property Tax is Calculated in Naugatuck, Connecticut
Most often, property taxes in Naugatuck, Connecticut are simply a set percentage of the property's value. Across the country, state authorities impose a wide range of different tax rates. The highest rates in the country are in the area of 5% of the property's value, and the lowest are less than 1%.
To collect the property tax, the authorities of Naugatuck, Connecticut have to first determine the value of a specific piece of land.
As you probably know, value is not always objective. For instance, the owners of family heirlooms typically place far more value on them than their objective monetary value. So tax officials have to be careful to only use objective criteria in valuing property for tax purposes.
To this end, the Naugatuck, Connecticut appraiser will look at things like the state of the real estate market, the size of the land, the presence of additions to the land such as buildings, and the way in which the property is zoned.
How A Naugatuck, Connecticut Property Tax Attorney Can Help.
The system of levying property taxes in Naugatuck, Connecticut can get fairly confusing. Disputes about property taxes, between the taxpayer and the tax authorities, can come up in various different ways. A taxpayer may believe that an error was made in calculating their property's taxable value, resulting in bigger tax bill. Additionally, the state or city government might allege that you have failed to pay your property taxes, while you believe that you have.
If you are engaged in a property tax dispute with the tax authorities of Naugatuck, Connecticut, you should seek the assistance of a Naugatuck, Connecticut tax attorney. Your attorney can help you prevent a small tax problem from turning into something much bigger and more expensive than it needs to be.