Posts Tagged: DAF

October 07, 2016

DAF Law Drives up Tax Rates

Here is a simplified explanation of the special legislation driving your extraordinary 2016/17 real estate tax increases daf-charge-powerpoint-disputed-assessment-fund-00155818xc3f8c

May 20, 2016

Nassau County Disputed Assessment Fund (DAF)

As a Class 4 commercial taxpayer, you may have recently received notice from the Nassau County Department of Assessment regarding the Disputed Assessment Fund (DAF). See the DAF Frequently Asked Questions, here. The new law will apply to Class 4 Commercial property owners in Nassau County who have challenged their property’s tax assessment for 2016/17. The law essentially requires that a certain percentage of those Class 4 taxpayers’ payments be held in separate accounts pending the resolution of their tax appeal. If the appeal is successful, the refund will be made from the County’s DAF… Read more »