For property owners in Georgia, understanding the procedures and timelines associated with appealing a property tax assessment is paramount. Should a property owner believe their assessed value deviates from its fair market value, the right to appeal exists. However, adherence to specific deadlines is critical for initiating and pursuing this process for the 2025 tax [...]
Two newly approved tax measures could reshape local tax bills starting January 2025—if your county opts in. Georgia voters approved two key initiatives in the November 2024 election that could impact how much property tax homeowners and small business owners pay in 2025. These measures—Amendment 1 and Referendum A—introduce new homestead exemption rules and [...]
Criteria for choosing property tax consultants in the Atlanta area. Every year, property tax consultants in Atlanta help thousands of property owners reassess property tax values, prepare valuations, and file tax claims. With real estate prices increasing and valuations being affected by the pandemic, it's becoming quite common to seek help from professional property [...]
By Sharon Lurye Aug 26, 2021 This year’s housing boom has presented a financial windfall to sellers and an agonizing ordeal to buyers. However, even homeowners who stayed put may be affected—by being hit with higher property taxes. Average property taxes paid rose 4% in 2020, according to data from real estate information firm [...]
Several Fulton county homestead exemptions were adopted by voters in November 2018 and are to start in tax year 2019. The following is a summary of those new exemptions: NEW SENIOR HOMESTEAD EXEMPTION – FULTON COUNTY Fulton County homeowners over the age of 65 are eligible for a new senior homestead exemption that increases [...]
HB 820: By Representative Beth Beskin. This bill establishes a procedure that will apply when the state revenue commissioner has not approved the digest and the county has been granted a temporary tax collection order. Because of the date parameters, the bill can only affect Fulton County. The TCO shall apply to the next [...]
