John V. Terrana Discusses Tax Assessments in the latest Edition of The Wall Street Journal

“Entrepreneurs Take On Tax Man” by Raymund Flandez, 10/13/09

Uniondale, October 13, 2009 — The article spotlights how the bad economy and deteriorating commercial real estate market have motivated small business owners to fight their tax assessments. Some business owners are prompted to appeal because of fresh assessments that lag behind the current value of the business’s property. And although some owners routinely appeal assessments each year, industry experts say there has been a number of clients appealing for the first time. John Terrana, partner in charge of the Firm’s Tax Certiorari department, stated in the article, he’s been getting 20% more inquiries this year over last (2008) for tax appeals.

The Tax Certiorari practice group at the Firm concentrates in handling tax certiorari proceedings to challenge real estate tax assessments and reduce real estate taxes. Our team approach involves checking every aspect of a property’s taxation to ensure that our clients obtain the largest possible tax refund and reduction in future taxes.

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