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.

    Another New Jersey Hospital to Fight for Non-Profit Property Tax Exemption

    14 Dec, 2015

    CentraState Healthcare System, located in Freehold Township, is a private, not-for-profit health organization with 285 in-patient beds and 2,600 employees, making it one of western Monmouth County's...

    Hospital Systems Adopt ‘Live, Work, Play’ Expansion Strategy to Accommodate Boom in New Patients

    23 Nov, 2015

    In anticipation of an expected boom in new patients, some traditional hospital systems are shifting their expansion strategy toward mixed-use 'mini-districts,' bringing shopping, apartments, and...

    Atlantic Health to Pay Morristown $15.5M to Settle Property Tax Case

    17 Nov, 2015

    Morristown and the Atlantic Health System, owners of the Morristown Medical Center, finally reached a settlement, ending the closely-watched property tax battle dating back to 2006. The likelihood of...

    Property Tax Exemption Ruling Could Have Major Ramifications for Nonprofit Hospitals in New Jersey

    30 Jun, 2015

    Issuing a decision that could have major statewide implications for the New Jersey health care industry, a New Jersey Tax Court judge has denied Morristown Medical Center's challenge to overturn the...

    Connecticut House Passes Bill Imposing Property Tax on Hospitals, Private Colleges

    22 May, 2015

    In an effort to increase local government revenues in communities with a high number of tax-exempt properties, the Connecticut House passed a bill yesterday that would require hospitals and private...

    New Jersey Medical Center Property Tax Exemption Case Could Have Statewide Implications

    22 Jan, 2015

    Morristown, New Jersey has fired a lawsuit against Morristown Medical Center due to its non-profit status, which exempts the business from having to pay property taxes. The case could have...