We are sending you this reminder that Nassau County requires owners of “income producing property” and property that is owner occupied, under construction, and/or sold or purchased during calendar year 2017 to file an Annual Survey of Income and Expense (ASIE Statement) on each applicable property. The filing deadline is April 2, 2018. Separate statements must be filed for each parcel, except that a consolidated statement may be filed where one or more tax lots are operated together as an economic unit (or otherwise related for valuation purposes), they are under common ownership, and… Read more »
Nassau County Executive Laura Curran has extended the deadline for filing administrative assessment challenges for the 2019/20 tax year from March 1, 2018 to April 2, 2018. Although the stated intent was to allow homeowners more time to file challenges, the extension will apply to all challenges, including of commercial property. Please contact us as soon as possible if you have acquired any commercial property recently for which you would like to file an assessment challenge. Challenges filed beyond April 2, 2018 cannot impact taxes until the 2020/21 tax year. See attached link. https://www.newsday.com/long-island/politics/nassau-property-tax-challenge-extension-1.16604979
HKCC Partner Robert S. Katz will be installed as the 2018 President of the New York Real Estate Tax Bar Association (RETBA) at its annual dinner at the Yale Club on January 29, 2018. Bob will be the bar’s point person in dealing with the NYC Department of Finance , the NYC Tax Commission and the City Law Department on property tax issues . The 65 attorney members of the Real Estate Tax Review Bar Association advise and represent New York City taxpayers with respect to property taxes, property tax appeals (tax certiorari), property tax… Read more »
The below article appeared in today’s (December 22, 2017) Newsday. https://www.newsday.com/long-island/politics/nassau-tax-refunds-1.15549486 ) We thought our clients should know that our firm was prominently involved in obtaining the money judgments discussed in the article. HKCC Partner Andrew Cangemi spearheaded the efforts on the firm’s behalf, and was heavily involved in the larger bar’s strategies. Andy’s 35 years of experience in dealing with Nassau County property tax issues led him to the conclusion that, as has too often been the case historically, Nassau would only move on the judgments if compelled to. The Court has signed… Read more »
Jay M. Herman, Esq., CRE, will be speaking at the Institute for Professionals in Taxation’s (IPT) Property Tax Symposium to be held November 7, 2017 at Indian Wells, California. Jay will be speaking on “Advanced Litigation Skills”.
Effective January 1, 2017, Jay Herman, Robert Katz, Andrew Cangemi, and Kevin Clyne are pleased to announce that Jennifer Hower is now a partner in the Firm.
From November 13th to 16th, 2016, IPT (Institute for Professionals in Taxation) will hold its 40th Annual Property Tax Symposium at the Westin La Paloma in Tucson, Arizona. Kevin Clyne is the chair of the Symposium, and Jay Herman will be a featured speaker on the issue of golf course valuation.
Jay Herman will be speaking at the Institute for Professionals in Taxation’s (IPT) 40th Annual Property Tax Symposium on November 14, 2016 in Tucson Arizona. The Topic is “Valuing Golf Courses in New York and Across the Country.”
On September 14, 2016, Jay Herman and Kevin Clyne spoke at a joint program of the Long Island Chapter of the Appraisal Institute and the Tax Certiorari and Condemnation Law Committee of the Suffolk County Bar Association. Attendees received CLE Credit. Kevin Spoke on the relationship between real estate and business value. Jay spoke on prudent appraisal trial practice. Over 80 professionals were in attendance.
Herman Katz Cangemi & Clyne, LLP is proud to sponsor Liz Janangelo Caron, Golf Professional, as she plays in the 2016 KPMG Women’s PGA Championship at Sahalee Country Club, Sammamish, Washington, June 9th to 12th, 2016. Go Liz!