Property Tax Lawyers in Epsom

Epsom, New Hampshire 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.

Property taxes in Epsom, New Hampshire are measured as a percentage of the appraised value of the property. Property taxes are paid to the state or local government at regular (often yearly) intervals.

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 Epsom, New Hampshire

Typically, Epsom, New Hampshire 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, Epsom, New Hampshire tax authorities must first figure out how much a house or piece of land is worth.

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.

There are many different ways to value property using objective factors. Usually, the appraiser in Epsom, New Hampshire will consider the current state of the real estate market, the size of the property, any improvements (buildings, roads, etc.) that have been made on the property, and the manner in which the property may be legally used (zoning).

How A Epsom, New Hampshire Property Tax Attorney Can Help.

Property tax law in Epsom, New Hampshire is not always simple. Legal disagreements about property taxes can arise from almost any situation. For instance, you might have reason to suspect that the taxable value of your home was overestimated, creating a bigger property tax bill. And, the government might claim that you have underpaid your property taxes, while you think that you have paid the correct amount.

If you are engaged in a property tax dispute with the tax authorities of Epsom, New Hampshire, you should seek the assistance of an Epsom, New Hampshire 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.