In a state the size of Texas, it is no surprise that paying property taxes is a big deal. Of all the forms of taxation in the state, property taxes in Texas are the single largest source of funds for meeting community needs such as maintaining public schools, streets and roads, as well as funding police, fire protection and other common public services. However, finding out how much Texas property taxes you have to pay and avoiding paying more than you are responsible for can be challenging without the help of someone who knows the subtleties of Texas law. That is why Paradigm Tax Group offers our services to clients that live in the Lone Star State.
Texas property taxes are stipulated to be uniform and equal, which means both commercial and residential properties are taxed the same, at current market value, but exceptions can be made for agricultural land or land used for timber. The taxpayer has the ultimate responsibility to see that the proper taxes are paid, based on a yearly appraisal. Disagreements over appraisals are typically handled by an Appraisal Review Board staffed by local citizens. The tax paying process typically has four phases: the property evaluation, a period in which the evaluation can be protested, adoption of the tax rate and the collection of the taxes.
Most commonly, errors that occur in the property tax process happen when a property is valued. If an appraiser overvalues your property, the result could be you paying too much for your property taxes. Of course, you can appeal your appraisal, but that process is very complicated and laden with confusing paperwork and time sensitive deadlines. Professional assistance can make properly navigating through this process much simpler. It can provide you with insight that will make your tax obligations more understandable.
Paradigm Tax Group wants to help you with your Texas property taxes. We will make sure you get a fair assessment, so you can be confident that you are paying the least amount of property taxes as possible. After we fight to get you a property tax reassessment, we can create a customized property tax management system that will help you keep your tax situation under control. Our team is dedicated to providing our clients with comprehensive assistance services for their Texas property taxes. If you would like more information on how we can help you, please contact us.