Is Your New York State Property Assessed Too High?
The coronavirus pandemic has caused some uncertain times for us during the past year. Even though so much has changed since March of 2020, there are still two things in life that are certain: Death and Taxes.
If you feel like your property is being taxed to death, then now is the time to try and do something about it. According to the City of Binghamton, the fourth Tuesday in May is "Tax Grievance Day" and if you own property in New York, you are eligible to get a formal review of your assessment.
Because of the pandemic, Governor Cuomo has allowed the roll posting to be delayed in some areas, so you may still have time to place a grievance. So if you think that you are paying too much in property taxes because it was assessed too high, it's your chance to get it reassessed. If you are overassessed then you are overtaxed.
Challenging Your Property Tax Assessment
Challenging your assessment may not be easy depending on the amount of reduction that you are looking for. So what can you do if you feel that your assessment is incorrect? You can start by going here to get some of your questions answered and to get information on what to do next.
New York's Department of Taxation and Finance is another place that you can go to. You can get advice on contesting an assessment or place a grievance, by going here and finding out more.
Happy belated Tax Grievance Day! Who would have ever thought that "happy" and "tax" could go together?