Reveliotis Law Uses Appeals To Help Chicagoland Fight Rising Property Taxes

The firm wants to help residents and business owners keep more money in their pockets this year, reports www.propertytaxation.com.

Park Ridge, IL – August 22, 2017 /MarketersMedia/ —

Unless Chicago residents and business owners have been living under a rock, they’ve no doubt heard that property taxes are set to rise significantly this year, some as much as ten percent. As Chicago legislators looks to stabilize pension funds for public servants and shore up budget shortfalls, property owners are poised to receive some of the highest tax bills they’ve ever seen.

In an effort to quell the uproar from families and businesses across Cook County and the surrounding areas, the team at Reveliotis Law wants property owners to know that they may very well be able to find relief from higher taxes through the property tax appeal process. Since the firm’s inception, their team has focused their efforts on only one area of the law: real estate and property taxes. This has given them unique insight and unmatched expertise in helping property owners file – and win – Property Tax Appeals.

“Most homeowners resent the idea of having to pay out more in property taxes this year, but they sincerely believe there’s nothing they can do about it. Before they whip out their debit cards and checkbooks, we want them to know that there’s an alternative that may help lower those tax bills,” said Jason Wencel of Reveliotis Law.

Wencel continued, “Cook County Clerk David Orr recently released a report in which his office determined that home values set by the assessor’s office have been saddled with errors. This makes filing a property tax appeal all the more important for property owners, as there is a chance that it can result in a lower assessed value of property and lead to a lower tax liability.”

Property taxes in Illinois are determined by three factors: the assessment value of a property, the state equalizer factor, and the current tax rate. Because the latter two factors are set in stone by the legislature, appealing the property assessment value is often the best opportunity home and business owners have to lower their property tax liability. Depending on a number of factors, the attorneys at Reveliotis Law can pursue one or more levels of property tax appeal. Each level requires familiarity with Property Tax Law and deadlines as well as accurate preparation of special documents, and working with an experienced lawyer can mean the difference between reducing the taxes owed and having to pay more.

Wencel went on to say, “Understanding The Property Tax Assessment is difficult, and it can be a source of frustration for many residents and business owners. Rather than throwing in the towel, we encourage them to give our office a call. We know this area of the law inside and out, and we are here to explain every option that might be available to a property owner to help them pursue a tax reduction. As property taxes continue to rise, we are more committed than ever to helping those in our community keep more money in their pockets this year and beyond.”

About Reveliotis Law:

Reveliotis Law separates itself from other firms in Chicagoland by narrowing their focus to a small area of the law: property taxation and real estate law. Practicing exclusively in these areas, their attorneys have obtained more than 30 years of combined experience helping individuals and businesses across Cook County with their property tax and other real estate-related legal matters. They understand the issues facing Illinois families and business owners, and they work diligently to create a legal strategy focused on results. The Reveliotis Law offices are conveniently located in Park Ridge, and they work with clients from across Cook County and all surrounding areas.

Contact Info:
Name: Jason Wencel
Organization: Reveliotis Law
Address: Park Ridge, IL 60068
Phone: (312) 230-0160

Source URL: http://marketersmedia.com/reveliotis-law-uses-appeals-to-help-chicagoland-fight-rising-property-taxes/232056

For more information, please visit http://www.propertytaxation.com

Source: MarketersMedia

Release ID: 232056