Did you know that a Texas non-profit business may be eligible for a full abatement of all property taxes? Texas tax laws allow a non-profit business to pay no property taxes on all real property and business personal property owned by the non-profit business. For non-profit organizations to receive property tax exemptions, they must apply to the County Appraisal District in which the property is located by no later than April 30.
Texas homeowners may postpone paying the current property taxes due on the appreciating value of their homes by taking advantage of a payment option called “residence homestead tax deferral” and filing a tax deferral affidavit at the County Appraisal District where their property is located.
Veterans with a service-connected disability are encouraged to file an exemption form to have their 2012 property taxes lowered. Some veterans may even qualify for a 100 percent exemption of their taxes under the law.
If your property value increased in the last year, you will soon receive an appraisal notice from your County Appraisal District. Your city, county, school district and other local taxing units will use the appraisal district’s value to set your 2012 property taxes.
Homeowners looking to reduce their property tax bills in 2012 may find some relief by filing a homestead exemption. Homestead exemptions are offered by counties, cities, school districts and other local taxing units.
The Texas Property Tax Lienholders Association (TPTLA), a statewide alliance of companies that advance and protect the profession of property tax lending, recently launched its new and improved website. The redesigned site features easy to use navigation and educational information related to property tax lending.
While you wouldn’t know it from all the junk mail that arrives at your home every week, Americans are sending less mail. Mail use has been changing over the past decade as businesses and consumers have moved to electronic communication and payment alternatives resulting in a steady decline in first class mail usage.
