Recent Posts
Unequal Appraisal
December 18th, 2012In many states including Texas, if a property trades, the purchase price becomes the new assessment. Clearly this is not fair or equitable because properties which did not sell remain unchanged or are not raised to the level of the property which sold. A property tax appeal was filed calming unequal[...]
Proposed Legislation Likely to Pass In 2013
December 6th, 2012The Texas Apartment Association (TAA) has announced publicly, and have discussed in hearings, their intention to strengthen Section 23.01(e) of the Texas Property Tax Code (The Code). Originally passed by the Texas Legislature in 2009, this law was intended to prevent appraisal districts from reva[...]
Property taxes in Texas up nearly 200 percent over the past two decades, comptroller says
August 23rd, 2012The state's chief accountant said Wednesday that property taxes across Texas rose 188 percent between 1992 and 2010, with local sales taxes growing almost as fast. In a report called "Your Money and the Taxing Facts," Comptroller Susan Combs says those local taxes have outpaced a generally [...]
Important Property Tax Deadlines are Approaching
March 30th, 2012Business personal property renditions are due on or before April 15th. Late filing or no filing penalties are 10% of the annual taxes. Extensions are available if addressed in writing. Contact your local appraisal district or the Texas Comptroller’s office for further details. April 30th [...]
Foreign Trade Zone Appeal
March 16th, 2012The Texas Property Tax code is clear on that a property is located in a Foreign Trade Zone (FTZ) is exempt from property taxation. We had an appeal in late 2011 in which the taxpayer was able to obtain a FTZ status in late 2010 through application process with a federal agency. They filed a rend[...]
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