Can you give one example as to how tax certiorari attorneys can help save businesses money (especially during these unprecedented times)?
Property taxes, based on assessed value of the property, represent a significant cost for any business. During the pandemic, we have seen businesses operating in many forms of commercial space, including office, retail, hospitality and entertainment, struggle dramatically. Because real property is assessed as of a fixed taxable status date, the most recent tax year did not fully reflect the economic changes the pandemic produced. This tax year will be the first opportunity for assessed property values to reflect those economic challenges and produce potential tax reductions or refunds. Lower property taxes reduce cost and also increase marketability. Securing the assistance of tax certiorari counsel in challenging property taxes this year will be critical to maximizing the potential tax savings from the pandemic.
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