Florida property tax attorney Daniel Weiss offers the following tips and information to residents and business owners about the upcoming deadline for filing property tax appeals in Florida.
25 day filing period -- Weiss cautions taxpayers that all 2007 property tax appeals must be filed with 25 days of the mailing of notices of proposed taxes.
Since this is one of the shortest statutes of limitations imaginable, Florida property taxpayers are advised to exercise their right of appeal swiftly. The 25 days starts to run on the
date of mailing of the notice of proposed taxes. No extensions are authorized by statute.
Each of Florida's 67 counties decides when in August to mail taxpayers their notices of proposed property taxes (TRIM -- "Truth In Millage" -- notices). By state law, however, the
deadline for filing valuation appeals expires 25 days from the mailing of the TRIM notice.
Filing deadlines may be as early as the first week of September or as late as the last week of September. By state law, each taxpayer's notice of proposed taxes shows the filing deadline
at the bottom.
Only valuations -- and not tax bills -- are subject to appeal. Typically, taxpayers look at the "bottom line" and react based on the projected dollar amount of taxes. After a legislative
rollback of local government revenues adopted in 2007, many property tax bills in Florida will be lower than 2006. Valuations, however, are an average of 15 percent higher.
This means that even lower-than-usual taxes may be based on higher-than-ever valuations. So remember to determine whether to appeal based on the valuation -- not the dollar amount of
taxes to be paid. Be like the commercial taxpayers who are savvy enough to understand that even if their tax bills are lower for 2007, there is still an opportunity to seek to have them
reduced even more.
January 1 is the date of assessment in Florida, as it is in many other states. This means that it is the county's responsibility to ascertain the valuation of all properties as of the
first of the year. So if you still had Wilma or Katrina hurricane damage unrepaired as of January 1, 2007, and the Property Appraiser (formerly called the tax assessor) did not take it
into account, this failure can be the basis of a successful appeal.
Annual appeal as business strategy -- Many commercial property owners make it part of their annual business plan to appeal all property taxes. It's an easy decision, because most property
tax consultants offer their services on a contingency basis. Then, if there's no tax reduction, no fee is due.
Many property tax professionals will review assessments at an initial consultation without charge. Take advantage of this opportunity. Interview more than one before you sign a retainer.
Some property owners prefer to retain a property tax consultant who is also an attorney to represent their interests in property tax appeals. This preference assumes that attorneys are
better at spotting legal issues and formulating legal arguments. These include the impact of zoning and comprehensive planning regulations on property tax assessments, as well as superior
understanding of procedures and exemption and special classification statutes which confer benefits for agricultural use or historic properties.
Other property owners prefer to work with real estate brokers or agents familiar with comparable sales and income and expense ratios in local markets.
If you're not sure whom to retain, do some research online.
The Florida Department of Revenue provides a list of all 67 county Property Appraisers: http://www.tannebaumweiss.com/)