Paradigm Tax Group Industry News

Paradigm Tax Group Industry News

Stay informed with the most current Industry News that affects your business and impacts property taxes across the nation.

    Georgia’s HB 954 Improves Low-Income Housing Tax Credit Valuation

    30 Jun, 2014

    By Darryl Bucher, Senior Managing Consultant, Atlanta

    California's Prop 13 "Loophole" Compromise Unravels

    27 Jun, 2014

    A few weeks ago during a hearing of the Assembly Revenue and Taxation Committee, two lobbyists (Rex Hime, president of the California Business Properties Association, and Lenny Goldberg, who...

    In the Spotlight: Extended-Stay Hotels

    26 Jun, 2014

    By Ivy L. Irwin, Consultant, Atlanta

    Industrial CRE Moving to Secondary Markets

    25 Jun, 2014

    As the U.S. economy continues to improve and commercial real estate fundamentals strengthen, industrial investors are looking for opportunities for big returns that can come from increased risk and...

    Pittsburgh City Council Approves 5-Year Financial Plan, Urges Property Tax Increase

    24 Jun, 2014

    Today the Pittsburgh City Council approved a five-year financial plan, recommending the city increase the property tax rate to offset financial problems and borrow $100 million for road, bridges and...

    NYC, Calif. Lawmakers Pass Solar Panel Tax Deals

    23 Jun, 2014

    When lawmakers passed California's $108 billion general fund budget, they slipped in a property tax break for the solar industry. According to Manteca Bulletin, SB871, which extends a property tax...

    Audit Finds Florida Property Tax Appeal Process to be Flawed

    20 Jun, 2014

    A recent audit of the states property tax appeal process has found Boards across the state of Florida to lack independence and be stacked against property owners. According to the Miami Herald, a...

    Cook County Property Tax Bills to Have TIF Information

    19 Jun, 2014

    Today, County Clerk David Orr announced that for the first time Cook County property tax bills will provide information on how much each property owners is being billed for in controversial special...

    Fulton County, GA Taking Steps to Raise Property Tax Rate

    18 Jun, 2014

    When Atlanta's Fulton County Commission votes on their annual budget today, it may include raising its countywide property tax rate by 17 percent, the first increase since 1991. This is stirring up a...

    New Way to Appeal Property Valuations in Kansas

    17 Jun, 2014

    Senate Bill 231, effective July 1, will give commercial property owners in Kansas a new way to appeal their property values. According to Wichita Business Journal, SB 231, signed into law by Gov. Sam...

    N.J. Lawmakers Poised to Renew Key Property Tax Law

    16 Jun, 2014

    Assembly Speaker Vincent Prieto (D-Hudson) and Gov. Chris Christie have finally reached “common ground” on restoring a crucial law that has helped curb property tax growth in New Jersey. The Assembly...

    UPDATE: Colorado's House Bill 1279 Relieves Personal Property Taxes

    13 Jun, 2014

    Efforts to eliminate business personal property taxes in the state of Colorado have repeatedly failed in the General Assembly over the years due to fears of compensating for the shortfall in revenue....

    New York City Finance Commissioner Eyes Property Tax Reform

    12 Jun, 2014

    Recently appointed New York City Finance Commissioner, Jacques Jiha, is making property tax reform a high priority, aiming to ensure they are assessed efficiently and equitably. According to...

    Are Development Rights Taxable in Colorado?

    11 Jun, 2014

    By Rebecca Helm, Managing Consultant, Denver

    New Tax Incentives for New York State Manufacturers

    10 Jun, 2014

    New York State manufacturers have a few things to look forward to in the 2014-2015 state budget: corporate income tax relief, property tax credits and reform to the estate tax threshold. The real...

    Hotels Outperform National CRE Market in Price Gains

    9 Jun, 2014

    The apartment sector has dominated the national commercial real estate market for the past three years. With steadily improving occupancies and modest improvements in rents, the sector has...

    D.C. Moves to Replace Outdated Tax Processing System

    6 Jun, 2014

    The District's 14-year-old tax processing system has been a source of frustration for quite some time now. Critics of the maligned, outdated tax processing system complain of lax monitoring,...

    D.C. Moves to Replace Outdated Tax Processing System

    6 Jun, 2014

    The District's 14-year-old tax processing system has been a source of frustration for quite some time now. Critics of the maligned, outdated tax processing system complain of lax monitoring,...

    Multifamily Boom May Skew Mass Appraisal Systems

    5 Jun, 2014

    Homeownership in the United States has continued to decrease since the onset of the Great Recession in 2007. As homeownership continues to lose its luster, many people across the country are choosing...

    Paradigm Tax Group Acquires Property Tax Adjusters

    4 Jun, 2014

    Miami, Florida - Paradigm Tax Group is proud to announce the recent acquisition of Property Tax Adjusters, Inc. (PTA), a leading property tax advisory firm based in Miami, Florida. Founded by Gary A....

    Travis County, Austin City Council May Challenge Entire 2014 Commercial Property Tax Roll

    3 Jun, 2014

    A group of frustrated homeowners protested outside the Travis County commissioners courtroom yesterday to protest what they believe is inequitable property tax valuation in Austin, Texas. They say...

    Miami-Dade's Property Tax Base Rose 6.5 Percent

    2 Jun, 2014

    Miami-Dade's recovering real estate market has boosted the property tax base 6.5 percent from last year, the biggest gain since the historic real estate crash that crippled the region’s economy and...