Q: I recently received a letter in the mail regarding my STAR tax exemption, and I do not understand. If I already have the STAR tax exemption on my home and also received an assessment reduction last year, why do I have to apply again?
A: Please be aware that everyone is starting the 2014 year with no STAR exemption. That means that everyone has to apply now, before December 31, 2013. The allowed ratio of assessment to market value changes this year even though the Nassau website still shows old ratios from 4 years ago. Even if your property was assessed correctly in the past, with the new lower ratio and changes in market value for many neighborhoods, it is prudent to have the new January 2014 assessment checked. If you have additional questions concerning your STAR tax exemption or your assessment, you should contact a Tax Certiorari attorney.
Richard G. Fromewick is the Chair of Meyer, Suozzi, English & Klein, P.C.’s Tax Certiorari and Condemnation practice located in Garden City, Long Island, N.Y. which centers on providing a full range of real estate tax assessment services.
For the past fifty years, the law firm of Meyer, Suozzi, English & Klein, P.C. has created a reputation for integrity, insight and intellect that has helped establish the standard for excellence in the practice of law. With offices in Albany, Garden City, Manhattan and Washington, D.C., the firm provides legal advice in the areas of Alternative Dispute Resolution, Bankruptcy, Corporate Finance, Corporate, Criminal Defense, Disability Insurance Claims, Employee Benefits, Employment Law, Government Relations, Labor Law, Litigation, Real Estate, Tax Certiorari & Condemnation, Trusts, Wills and Estates. “Ask the Lawyer” is provided by Meyer, Suozzi, English & Klein, P.C. to inform on matters of public interest. The information contained herein is not to be construed as legal advice or opinion. We provide such advice or opinion only after being engaged to do so with respect to particular facts and circumstances.