New Online Company PropertyTaxPros Offers Affordable Homeowner Assistance to Lower Property Taxes

Atlanta, GA (PRWEB) January 13, 2009

A new website, PropertyTaxPros.com, offers homeowner assistance to Metro-Atlanta homeowners whose property taxes are disproportionate to their homes’ current fair market value.

The site was created when Attorneys Robert J. Proctor, Bradley A. Hutchins and John E. Ramsey noticed the only area in this recession economy on the rise seems to be property taxes in the falling housing market. The trio of attorneys — experienced professionals who have more than half-a-century of combined experience representing thousands of taxpayers in property tax appeals — launched PropertyTaxPros™, metro Atlanta’s only tax appeal service managed by property tax lawyers.

PropertyTaxPros™ provides homeowner assistance to those who own and occupy single family residential homes, townhomes and condominiums in Cherokee, Clayton, Cobb, DeKalb, Douglas, Forsyth, Fulton, Gwinnett, Henry, Paulding and Rockdale counties. The services are offered exclusively online at http://www.propertytaxpros.com allowing the company to charge lower fees than typical law firms and the homeowners to gain instant access to their appeals’ status.

In addition to representing homeowners who have received reassessment notices, PropertyTaxPros™ offers a return and appeal service for homeowners who believe the fair market value of their homes is lower than the current tax assessment. Georgia law allows property owners to file a property tax return and state their opinion of fair market value. The property tax bill is then based on the value returned unless the tax assessors send a notice of reassessment following the filing of the return. If the tax assessors do reassess, the reassessment is appealable. The deadlines for filing property tax returns are March 1 for DeKalb and Gwinnett Counties and April 1 for all other counties in the area served.

Using an extensive data bank of housing indexes, market and assessment data and a proprietary value calculation algorithm, PropertyTaxPros™ determines a reduced tax assessment value. The company then files a property tax return at that value, files an appeal if the return is refused and negotiates the best possible settlement. If no settlement can be reached, the company presents the case to the Board of Equalization.

Customers pay an initial fee of $ 35. If a tax savings is achieved, the customer pays one-third of the first year tax savings.

Robert J. (Bob) Proctor has a three-decade track record of fighting for taxpayers’ rights. In addition to representing thousands of individual taxpayers, Bob has brought many successful class-action lawsuits. Included among these are: voiding Fulton County’s mass tax reassessment, striking down sales taxes on sales of used cars, ending the intangible tax on stocks and bonds, blocking Atlanta’s rain tax and forcing refunds of retroactive tax increases.

Bradley A. (Brad) Hutchins has brought hundreds of successful suits in property tax related cases, including more than 20 appellate cases. He is co-chairman of the State Bar’s Property Tax Committee and a member of the Title Standards Committee. In addition, Brad was recently named one of “The 2008 Legal Elite: Georgia’s Most Effective Lawyers” by Georgia Trend magazine.

In addition to a legal career that began more than 25 years ago, John E. “Buddy” Ramsey presently serves as Chairman of Dominus Holdings, a privately-held investor in property tax-related investments.

For additional information on how Metro-Atlanta area homeowners can receive homeowner assistance to file a property tax return and state their opinion of the fair market value of their homes, please visit propertytaxpros.com.

Contact:

Bradley Hutchins

Property Tax Pros

(770) 394-3500

Hutchins (at) propertytaxpros (dot) com

###

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Technorati Tags: affordable, Assistance, company, Georgia Law, Half A Century, Homeowner, Homeowner Assistance, Housing Market, Hutchins, Lower, Metro Atlanta, Offers, Online, proctor, property, Property Owners, Property Tax Appeals, Property Tax Bill, Property Taxes, PropertyTaxPros, Prweb, Reassessment, Recession, Rockdale Counties, Tax Appeal, Tax Assessment, Tax Assessors, Tax Lawyers, Taxes, Townhomes

If you bought a new car in 2009, you may be eligible for an additional deduction when you file your taxes.

Duration : 0:1:8

Technorati Tags: deduct sales tax, Irs, light truck, motor home, Motorcycle, new car credit, new car deduction, new car sales tax, new car tax break, new car tax deduction, rv, sales tax deduction, tax, tax break new car, Taxes, truck

Have your eye on a new car? Be sure to check out this video from the IRS to find out how buying a new vehicle may actually put some more mileage in your tax return next year.

Duration : 0:0:41

Technorati Tags: car, deduction, Irs, light truck, motor cycle, motor home, Tax Deduction, tax tip, Taxes, tip, vehicle

If you lease a new car before the end of 2009, will that sales tax credit that’s on all new vehicles still apply?

There’s no need to lecture me about the benefits of buying vs. leasing. It’s just a question about the tax credit, thanks.

No. The credit is only for the taxes on new cars for purchase, not lease.

Technorati Tags: Car Credit, Car Tax, Credit Cars, Lease Car, Leased Cars, New Car Sales, new cars, New Vehicles, Sales Tax, Tax Credit, Taxes

You’ve probably noticed the great deals on new cars these days. Even the government has a special offer. Buy a new car between February 16 and December 31, 2009 and you’ll probably get to deduct the sales tax on your tax return. Things you should know – you must buy a new car, high-income taxpayers don’t qualify, you benefit even if you file a simple tax return and take the standard deduction, and you can only deduct the sales tax on the first $49,500.

To learn more, visit http://turbotax.intuit.com

Duration : 0:1:35

Technorati Tags: buyer, buyers, car, credit, deduct, deduction, new, sales, Suv, tax, Taxes, Turbo, turbotax, vehicle

I am planning on purchasing a new car. If I negotiate to a price of $36,000 and there is a sales tax of 6% ($2,160) that will come to 38,160. What other costs are associated with the final sale that I am missing and are they negotiable?

Thanks

TITLE FEE, LICENSE FEE, DOCUMENT FEES AND ANY OTHER FEES THAT THE DEALER WILL TRY AND ADD ON, JUST READ ALL OF YOUR PAPERWORK BEFORE YOU SIGN IT.

Technorati Tags: Car Sale, Document Fees, Paperwork, Purchasing A New Car, Purchasing Car, Sales Tax, Taxes

Youve probably noticed lots of good deals on new cars these days.

Even the federal government has a special offer.

Buy a new car between February 16th and December 31st of 2009, and youll probably get to deduct the cars sales tax on your tax return. The same deal applies if you buy a small truck — or a not-so small SUV or motor home . a even a motorcycle.

Heres how it works:

Lets say you buy a car for $28,000 about the national average price for new cars. If you pay 6 percent sales tax, thats $1,680. And that $1,680 can be written off on your tax return.

So whats that worth?

Most middle-class folks would save between $250 and $420.

Remember:

You must buy a new car, used cars dont count

Higher-income taxpayers wont qualify, but a married couple can earn more than a quarter of a million dollars before having to worry about losing this break.

You can take the deduction even if you file a simple tax return and claim the standard deduction.

You can spend as much as you want, but you only get to deduct the tax on the first $49,500 of the purchase price of each new car you buy this year.

And, finally, if you normally itemize and deduct sales taxes instead of state income taxes, this new deduction doesnt give you anything extra.

The tax write off isnt enough to send people scurrying to a dealership to buy a new car.

But it certainly can make a good deal even better.

Duration : 0:1:37

Technorati Tags: auto, cars, deduct, finance, itemize, julio negron, kiplinger, magazine, personal, return, Taxes, write off

My wife and I purchased a new car in 2006. The car is used for both personal use, and for use in my business. Can I deduct anything on my taxes in regards to the purchase of this car? Would I be listing the car as a business asset?

Yes, you can. However, the IRS only allows you to take pieces over time. You’ll need to look into the instructions for depreciation or form 4562.

Most cars are subject to the luxury auto limits meaning there is a cap as to how much you can deduct as depreciation expense each year. For someone that has never dealt with this before, it can seem very complicated. Now might be a good time to hire a CPA to handle your return. Part of the cost (for the CPA) is also deductible as a business expense!

Technorati Tags: Business Asset, Business Expense, Cap, cars, Cpa, Depreciation Expense, Form 4562, Good Time, Irs, Luxury Auto, New Business, New Car Purchase, Personal Use, Taxes