PA Tax Law News -- June 2012

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In This Issue:

2012 Edition of Assessment Law; Countywide Reassessments; Annual Property Valuations Appeals; and Welcome Stranger.

Excerpt from Countywide Reassessments

Lehigh, Lebanon, Erie, Allegheny and Bedford County all are conducting countywide reassessments this year. That is, each parcel in those counties received a reassessed value and property owners either have received or will receive a reassessment notice in the mail with the new value. The deadline to file an appeal from a reassessment notice is 40 days from the date of the notice. If you are a taxpayer in one of those counties and have not already done so, you should immediately examine your reassessment notice to see if it reflects actual market value. It is important to note that the fact the notice indicates that your estimated taxes will not go up, does not mean that your property is properly assessed.

Please see full issue below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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