Property Tax Lawyers in White Plains
White Plains, New York 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 attached to the land.
Property tax in White Plains, New York is calculated by taking a percentage of the appraised value of the property in question. They are typically collected on an annual or monthly schedule.
Usually, property taxes are not levied by the federal government. This applies to everywhere in the U.S.. Typically, property taxes are imposed by state and local governments.
How Property Tax is Calculated in White Plains, New York
Typically, White Plains, New York property taxes are decided as a percentage of the property's value. Tax rates differentiate widely, but they normally run from less than 1% up to about 5%.
In order to impose this tax, the government of White Plains, New York initially has to decide the taxable value of a piece of property.
As you probably know, value is not always objective. For example, 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 that end, the White Plains, New York 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 utilized (zoning), and the health of the local real estate market.
How A White Plains, New York Property Tax Attorney Can Help.
The system of levying property taxes in White Plains, New York can get very complicated. Disagreements 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 White Plains, New York, you should seek the assistance of a White Plains, New York 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.