by SFBBG | Jul 9, 2020 | COVID-19 Updates, G. Terrence Nader, Insights
In response to the Covid-19 pandemic, some county governments have extended deadlines for payment of property taxes or waived interest and penalties for late payment. The relief has been ad hoc with different measures enacted by different counties. Since property...
by SFBBG | Jun 20, 2019 | G. Terrence Nader, Insights
Property owners are receiving reassessment notices with increases of 200% or even 300% on commercial property and apartment buildings. Even those who planned for the reassessment this year never imagined increases on this scale and do not know how to budget for the...
by SFBBG | Jul 27, 2016 | G. Terrence Nader, Insights
Under a new law (35 ILCS 200/9-275), the Cook County Assessor is hunting for homeowners who are claiming property tax exemptions for which they do not qualify. The consequences can include repayment of up to 6 years of unpaid tax, plus 10% interest per year plus...
