Topic: A Tax to Grind, A Tax to Grind
Thursday, 14 August 2014 by David H. LeVan
How much does it cost to make your city safer? How much more are you willing to pay in your property taxes? Residents of New Orleans are addressing those questions. They want to feelsafer and more specifically, want more police on the streets. However, they may not be willing to pay for it in higher property taxes.
Mayor Mitch Landrieu proposed a property tax increase to provide extra funding for public safety in New Orleans. His proposal, with a cost of $40 million per year, would be used for police recruitment and firefighter pensions, as well as reforms for the New Orleans Police Department and Orleans Parish Prison.
Not everyone is happy with this plan however. Annie Bell, a New Orleans resident for over 30 years, notices the lack of police in her part of the city. She welcomes more officers, but at the same time cannot afford to pay an additional $100 or more in her property taxes. She also questions whether the increased spending will guarantee results.
The fact of the matter is, the bill could be a tough sell. I guess the voters will answer the question on how much they are willing to pay.
Topic: A Tax to Grind, A Tax to Grind, Administration, Advantax, Property Tax Administration, Property Tax Compliance, Property Tax Management
Monday, 11 August 2014 by Advantax
As personal property tax compliance season begins to slow down, it’s a great idea to re-visit your processes and decide if there are any adjustments that should be made moving into the 2015 season. Data request templates, fixed asset reports, additions, disposals, transfers, inventory, supplies – this is the time of year when you can analyze how everything worked while its fresh in your head!
If all of this seems a little overwhelming, Advantax can help! At Advantax, the property tax compliance process is something we take seriously – and have for 20 years! Our team of experts in property tax compliance, personal property valuation, PTMS and all of those crazy jurisdictional quirks are available to help with your portfolio. If outsourcing your property tax compliance is the right choice for you, it is never too early in the year to make the right decision.
Is this the year you decide that outsourcing may be the right fit for your company? Give us a call, or check out our Property Tax Compliance page on our website to learn more.