The saying goes, “Death and Taxes are the only two certainties of life.” Both are inevitable, but with both there are things that can be done to ease the situation. Taxes are essential for operating our local governments, and often for nice amenities. But taxes are supposed to be based on “fair market value”. If because the “fair market value” has decreased in your community, but the taxes are still based on old higher values, you need to ask for this adjustment.
Appealing your property taxes can be incredibly complex and time consuming, but your tax bill should more accurately reflect your property’s value in today’s market. Cobb County has begun mailing the Annual Notice of Assessments.
When To Appeal
Property owners must appeal their valuation by April 1 of each year or within 45 days of receiving a Notice of Assessment from the Tax Assessor. Senate Bill 346 became effective January 1, 2011 and granted the Georgian taxpayer many new options.
Who Can Appeal
Every property owner may appeal the value of their property so that the taxable value will more accurately reflect what the property is worth in today’s market. Every property owner may also appeal the taxable value on the basis that it is not uniform with other properties in the neighborhood, even if the value is consistent with the fair market value.
If you want professional help, I recommend Campbell & Brannon Property Tax Services, LLC. They will navigate the appeals process for you to achieve a reduced taxable value and resulting tax bill. It’s your right to appeal. Don’t pay more than your fair share.
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