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FINANCIAL ADVICE | How to Challenge Higher Property Taxes

According to the National Taxpayers Union, between 30% and 60% of taxable property in the United States is over-assessed, yet less than 5% of homeowners appeal their assessments.

Your2020 tax assessment will outline county, city and school taxes, as well as special assessments. Look online or call the assessor’s office for a list of factors used to evaluate properties and render assessments, including time frames. Compare them to your bill and make sure your square footage, lot size, number of bedrooms and baths are listed correctly.

If you can’t find the assessment rate on your statement, call the taxing authority and ask what the assessment rate is for your home’s location. There should

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