Property Tax Lawyers in Puyallup
Laws of Puyallup, Washington require all property owners to pay a tax on the value of their property. Property taxes only apply to real property (as opposed to personal property). This includes land, buildings, and assets that are permanently or semi-permanently adhered to the land.
The property tax in Puyallup, Washington is simply a percentage of a piece of property's appraised value, paid to the state and/or local government on a periodic - normally 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 Puyallup, Washington
Normally, Puyallup, Washington property taxes are determined as a percentage of the property's value. Tax rates vary widely, but they usually run from less than 1% up to about 5%.
To levy this tax, Puyallup, Washington 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 normally 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 Puyallup, Washington employees in charge of appraising land look at objective facts to determine 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 Puyallup, Washington Property Tax Attorney Can Help.
The property tax system in Puyallup, Washington can get pretty convoluted. There are several reasons why you might run into a legal dispute regarding your property tax. For example, you may believe that the appraised value of your property was too high, increasing your tax burden unjustly. Or, the state might accuse you of failing to pay your property tax.
If you are affected by one of these, or any other, property tax legal issues in Puyallup, Washington, you should deal with it properly. If you fail to do so, a relatively minor issue can become much more expensive and inconvenient than it might otherwise have been. Therefore, the assistance of a brilliant tax attorney in Puyallup, Washington is highly useful in avoiding these issues in the first place, or handling them if they do arise.