Family Handyman By Amanda Prischak, Dec. 15,2020 Show your home some serious love in 2021 with these 10 easy home improvement New Year’s resolution ideas. Every editorial product is independently selected, though we may be compensated or receive an affiliate commission if you buy something through our links. Making a New Year’s Read More …
Author: Shelly Rothstein
Property Tax Myths, Misconceptions, and Terms
Separating Property Tax Truth From Fiction BY TONYA MORENO, CPA REVIEWED BY JANET BERRY-JOHNSON Updated September 13, 2020 More than a few property tax myths have been circulating out there for years. Part of the problem is that property taxes can be a complicated issue, full of mysterious-sounding terms, and this can make it even more difficult to separate Read More …
Column: Remote learning should equal lower school tax bills
Written By, Charles Selle, Lake County News – Sun, July 29, 2020 Despite schools starting in a few weeks, barcode scanners at major retailers have been cold this month. Who needs a new backpack when you’re at home, engaged in remote learning? Whether it’s the “School Style Shop” nook or “College Kitchen” section at your Read More …
No, The Assessor Did Not Increase Your Property’s Assessed Value To Collect More Taxes!!!
Written by Ron Kingsley, Lake County Appeal Owner and Tax Attorney Literally, every day, at least one client calls me with the misconception that the assessor increased the client’s assessed value in order to collect more taxes. No, no and no!!! As Jill Odzer’s article aptly points out, the amount of taxes that the taxing bodies need to perform their functions determines the amount of Read More …
Should My Taxes Be Reduced Since Everything is Shut Down?
Written By Jill Odzer, Lake County Appeal Commercial Analyst One common question I receive goes something like this, “Since everything is shut down, my taxes should be reduced, right?” Although this may sound logical, it isn’t how property taxes work…Your property tax bill stems from two separate components: The first component is the assessed value, which is supposed to be one-third of the fair market value of your property on January 1 Read More …
Estimated 2021 tax levy shows 4% increase from previous year
Written By, Alexandra Kukulka, Chicago Tribune, 8/12/20 Lake County residents will likely see a slight increase to a portion of their property taxes in 2021, but officials aren’t concerned about receiving more late payments as a result of the economic hardship amid the pandemic. The Lake County estimated tax levy for 2021 is a 4% Read More …
Estimated 2021 tax levy shows 4% increase from previous year.
By ALEXANDRA KUKULKA POST-TRIBUNE |AUG 12, 2020 AT 8:25 AM Lake County residents will likely see a slight increase to a portion of their property taxes in 2021, but officials aren’t concerned about receiving more late payments as a result of the economic hardship amid the pandemic. The Lake County estimated tax levy for 2021 is a 4% Read More …
Pritzker announces launch of housing assistance programs
Written By, Peter Hancock, Herald & Review, Capitol News Illinois, 8/10/20 SPRINGFIELD — Gov. J.B. Pritzker on Monday announced a pair of housing assistance programs aimed at helping lower-income households meet their rent and mortgage payments during the pandemic. “The economic pain brought on by COVID-19 has impacted every Illinoisan, but no one Read More …
Revised, higher tax bills coming for some in District 118
Written By, Mick Zawislak – Daily Herald, 7/24/20 Taxpayers in the Lake County portion of Wauconda Unit School District 118 will be getting revised tax bills to include a charge to fill a $5.7 million shortage caused by a miscalculation. The error affects about 10,680 taxpayers in Lake County, which accounts for about Read More …
Amended 2019 Lake County Property Tax Bills
By Office of the Lake County Clerk July 24, 2020 Notification of Property Tax Arrearage and Amended 2019 Property Tax Bill for Lake County Taxpayers in Wauconda School District 118 Governmental bodies were under intense pressure to finalize the levy, an essential part of the property tax calculation, during the COVID-19 shutdown. The Read More …