Tag: Tax Law
How to Appeal Property Taxes in Michigan
With many citizens still reeling from the economic downturn caused by the global pandemic, increased property taxes can be a huge issue for some Michigan owners and families. Depending on your situation, there may be a few options concerning your increased property tax assessment.
Michigan Property Tax Appeal Changes Due to COVID-19
On Thursday, May 14, 2020, Governor Whitmer signed Executive Order No. 2020-87 extending the filing deadlines for property tax appeals in Michigan. Under normal circumstances, a township or local unit of government’s Board of Review meets the second week of March to hear protests from residential real property owners regarding their property tax assessments. If
Property Tax Daze
It’s the new year, meaning property tax season is in full swing. If you are a property owner in the State of Michigan, you should have received a Winter Property Tax bill from your local taxing authority. Winter Tax bills are generally mailed on December 1st of each year and are due by February 14th
Michigan Real Estate Law: Should I Appeal My Property Tax Assessment?
Time is of the Essence: Now is the time to decide whether to appeal your current residential or industrial/commercial property tax assessment. When you receive your assessment notice for your home or business, should you discuss it with a real estate attorney? If you own industrial/commercial property, the deadline for filing an appeal with the
Michigan Real Estate Law: Property Tax Appeals 101
Never in the history of the State have we experienced such dramatic reductions in real estate property values; the year-to-year declines in property values since 2007 are unprecedented. Residents of Saginaw, Bay City, Midland, and surrounding communities have experienced significant declines in property values. As a result of the recession, municipalities and assessors are placed
Estate Tax Eliminated? For Now.
For eight years our Congress has been aware of the need to fix our estate tax problems and for eight years nothing was done. You see, President George W. Bush wanted to eliminate estate tax for good. The best he could do was law that did eliminate estate tax by 2010, because he did not