Owner, Beware! When Assessors Seek Business Income Information

Owner, Beware! When Assessors Seek Business Income Information

Is it appropriate for a tax assessor to use business income information to determine taxable value?  I address this question in the January 2014 issue of Commercial Property Executive.  The article can be viewed here. …

[Read more...]

Assessing Damaged or Destroyed Property in the Aftermath of Recent Tornadoes in Indiana and Illinois

Assessing Damaged or Destroyed Property in the Aftermath of Recent Tornadoes in Indiana and Illinois

Illinois and Indiana recently suffered a series of violent tornadoes.  Earlier this November, there were 24 confirmed tornadoes in Illinois and 28 confirmed tornadoes in Indiana. Property taxes are likely a long-way down the list of concerns of people affected by these tornadoes.  However, owners of property …

[Read more...]