PersonalResponsibilityOfTexasPropertyOwnersToPay TheirTaxes
IMPORTANCEOFTEXASPROPERTYTAXES
Propertyownershavealegalresponsibilitytopaypropertytaxes.Propertytaxesaredetermined by the property’s assessed value and are used to finance numerous services that affect surrounding communities. PayingyourpropertytaxesinTexas iscrucial formanyreasons. For example, it funds local government services, which includes counties, school districts, police andfiredepartments,roadmaintenance,publiclibraries,andparks.
Ahugeportionoftaxrevenuesupportsschooldistrictsthatwillimpactthequalityofeducation for today’s young generation. Property tax revenue also contributes to the upkeep and enhancement of public infrastructure, keeping communities safe and operational. It can help communitiesgrowandthrivebyinitiatingandsupportingpublicinitiativesandservices.
Paying your property taxes can greatly impact your community in several ways, and personally asapropertyowneryouhavealegalobligationtopayyourtaxesontime.
PROPERTYTAXDEADLINE
TaxseasonforTexaspropertyisstartingup,andthebillsneedtobe paid by January 31st Deadline Texas tax officials issue the2024 billsaroundthemonthsofOctoberandNovemberandaretobepaid by January 31, 2025. To file a protest, the deadline is May 15th and Appraisal Review Board (ARB) protest hearings are not scheduled until the property owner or property tax consultant has filed a protest.
Ifyoudon’tpaybythetaxdeadline,propertyownersmayhavetopay a substantial amountin fines and interest, especially if you own severalpropertiesorhigh-valueproperty
PropertyownerscanbeatriskofmissingtheTexaspropertytaxdeadlineforfactorsoutsideof theircontrol.Thiscanincludenotreceivingthetaxpaymentnoticeinthemail.
PROPERTYTAXPAYMENTOPTIONS
To assist property owners in meeting their tax responsibilities, Texas offers several payment choicestoavoidfinesandinterest.Someofthepaymentoptionsare:
Enteryourinformationbelowtoenrollin thePropertyTaxProtectionProgram andhaveyourpropertytaxesprotested. FirstName
PleaseselectPropertyType
Call713.290.9700todiscusswitha representative. PleasemonitoryourE-mailandspam filter.Ifyoudon'treceiveyourenrollment documentswithin24businesshours, call713.290.97008am-5pmCST
Byclickingenroll,youconsenttous filingaprotestonyourbehalfand agreetoourterms
Freeonlineenrollmentin3minutes.No costunlesstaxesarereduced, guaranteed
EscrowAccountsviaLender
AutomaticBankDraftorACHP yments
InstallmentPaymentPlans
SingleLump-SumPayment
Payment Assistance Programs for Seniors or Disabled Homeowners
cash,check,ormoneyorder
It is important to note that properties with an escrow account, the lender will also get your property tax bill, in addition to the address you provided to the county assessment office. Stayingincontactwiththeescrowlenderwillbeprovideeaseandmakeitsimpletostayontop ofthepayments.
RESOURCESTOREDUCEPROPERTYTAXES
Property owners will be able to better manage their property taxes and steer clear of interest andpenaltiesbyincludingavarietyofpaymentoptionsintheirplan.
Fileapropertytaxprotestandappealpropertyvaluationswith O’Connor
ReviewExemptionsandSpecialValuations
DepreciationandAssetManagement
TaxIncentivePrograms
HELPFUL TIPS TO PAY YOUR PROPERTY TAXES BY THE JANUARY 31ST DEADLINE
Checkyourstatementassoonasyoureceiveitandstartplanning (usuallythenoticearrivesinOctober).
Markthedeadlineonyourcalendarandsetupreminders.
Be aware of all your payment options, for example installment payments,escrowaccount,etc.
Use a budgeting tool to set aside a portion of your income each monththroughouttheyear
Bybeingproactiveandusingcomparablemarketdata,youhavea greaterchancetosignificantlyreduceyourpropertytaxburden.
LATEPAYMENTPENALTIESANDFEES
Itisthepropertyowner’sresponsibilitytopaybythedeadline,otherwiseitmightcomplicatethe tax situation and lead to costly penalties for late payments. To get the most out of your paymentplanconsultwithapropertytaxexpertfromO’Connor
Belowisthemonthlyincreaseinthepenaltyandinterestinthepaymentschedule.
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After an extended period, the county may take and sell unpaid properties to recover unpaid property taxes. It is important to keep track of the due dates for each property’s taxes in a spreadsheettohelpalleviatesomeoftheburden.
BENEFITSOFWORKINGWITHO’CONNOR
O’Connor property tax consultants utilize datato negotiate a lower assessment. They checkforassessmentdiscrepancies,aswellasmarkettrendsandcomparableproperty sales.
O’Connorworkson a no-win, no-fee basis, meaning you don’t pay until they successfully reduceyourtaxes.
HOWCANO’CONNORHELPYOU
HomeownersinTexascanbenefitfromO’Connor’sPropertyTaxProtectionProgram™arisk-free programthatofferstheopportunitytopaylessinpropertytaxes.JoiningO’Connorallowsusto protest the exorbitant assessment values on Texas citizens’ properties.As part of the program, ourpropertytaxspecialistswillprepareforandappearbeforetheAppraisalReviewBoard(ARB) to fight for a reduction. They will also investigate comparable property tax cases and market salestogetyouthebestreduction.
EnrollnowinO’Connor’sPropertyTaxProtectionProgram™atnochargeandreceiveassistance from Texas’ top property tax consultants on protesting and appealing your property to get the bestresults.
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By:PatrickO'Connor|Postedon01/15/2025with0comments
