Property Tax Lawyers in Hattiesburg
Hattiesburg, Mississippi laws require that most owners of real property pay taxes on its value. "Real property" refers to building and land, and objects (like natural resources) that are permanently affixed to the land.
The property tax in Hattiesburg, Mississippi is simply a percentage of a piece of property's appraised value, paid to the state and/or local government on a periodic - typically annual - basis.
The federal government almost never imposes property taxes directly. Property taxes are collected nearly exclusively by state, county, and local governments.
How Property Tax is Calculated in Hattiesburg, Mississippi
Typically, Hattiesburg, Mississippi property taxes are determined as a percentage of the property's value. Tax rates vary widely, but they normally run from less than 1% up to about 5%.
To levy this tax, Hattiesburg, Mississippi tax authorities must first figure out how much a house or piece of land is worth.
In some ways, value is a subjective thing. For example, the home in which you grew up is probably worth far more to you than its market value. To get around this, the government uses nothing but objective factors in determining how much a piece of real property is worth.
To that end, the Hattiesburg, Mississippi employees in charge of appraising land look at objective facts to measure value, like the size of the land and any buildings on it, the way in which the land may legally be used (zoning), and the health of the local real estate market.
How A Hattiesburg, Mississippi Property Tax Attorney Can Help.
The system of levying property taxes in Hattiesburg, Mississippi 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 Hattiesburg, Mississippi, you should seek the assistance of a Hattiesburg, Mississippi 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.