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...

    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...

    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...

    Illinois Hospital Tax Break Costs $10 Million

    9 Nov, 2012

    Cash-strapped Illinois is facing $10 million a year in lost revenue caused by a tax-break for investor-owned hospitals. According to the Daily Herald, hospital industry officials say the tax credit...

    Boston Property Taxes Show Modest Gain after 2-Year Dip

    23 May, 2012

    Property tax rolls for the city of Boston, Massachusetts are growing modestly due to new construction and commercial properties previously being tax exempt. According to The Boston Globe, after two...

    Ruling a 'Game-Changer' for Nonprofit Tax Status in Pennsylvania

    2 May, 2012

    A ruling by the Pennsylvania Supreme Court on a religious organizations school camp claimed that most of the 61-acre spread is taxable because it does not meet all of the criteria previously...