Assistance for low and moderate income taxpayers is available to Ulster County residents of all ages, with special attention to those over the age of 60. Volunteers trained as Tax Counselors will prepare and e-file your Federal & NYS tax returns at various sites around Ulster County. The AARP and IRS provide this program, with assistance from Ulster County Community Action, Woodland Pond CCRC and CornerStone Tel.
Please call (845) 255-0791 Monday through Thursday between 10am and 3:30pm for more information and an appointment.
Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts
Saturday, February 14, 2015
Sunday, September 15, 2013
Register For Basic STAR With NY State
All homeowners receiving a Basic STAR tax exemption must register with New York State Tax Department in order to receive the exemption in the year 2014 and after. The registration requirement is not satisfied by your original application to your local assessor.
Senior citizens receiving the Enhanced STAR property tax exemption are not affected by this new requirement and do not need to register with the state. However, they are still required to file income information with their local assessor's office by March 1st, as they have in past years.
The STAR exemption is available for owner-occupied PRIMARY residences where the combined income of resident owners and their spouses is $500,000 or less.
The letters have been sent out this week to Shandaken homeowners. You need the code on the upper right hand corner of that letter to file with the state. You will also need the social security numbers of all owners and their spouses and information about any residency based exemptions in other states received by any of the resident owners. The site will also ask the residents to confirm that the combined total income of the owners and their spouses does not exceed $500,000.
The deadline for registration is December 31, 2013. I would advise everyone to register sooner rather than later.
The first link below is a tutorial on how to register for the STAR. The link on the bottom of this page will take you to the website to complete the registration form. Remember, it is better to do this sooner rather than later. You do not want to lose this important tax exemption.
Senior citizens receiving the Enhanced STAR property tax exemption are not affected by this new requirement and do not need to register with the state. However, they are still required to file income information with their local assessor's office by March 1st, as they have in past years.
The STAR exemption is available for owner-occupied PRIMARY residences where the combined income of resident owners and their spouses is $500,000 or less.
The letters have been sent out this week to Shandaken homeowners. You need the code on the upper right hand corner of that letter to file with the state. You will also need the social security numbers of all owners and their spouses and information about any residency based exemptions in other states received by any of the resident owners. The site will also ask the residents to confirm that the combined total income of the owners and their spouses does not exceed $500,000.
The deadline for registration is December 31, 2013. I would advise everyone to register sooner rather than later.
The first link below is a tutorial on how to register for the STAR. The link on the bottom of this page will take you to the website to complete the registration form. Remember, it is better to do this sooner rather than later. You do not want to lose this important tax exemption.
Basic Star Demo-“the how to”
link to star registration
Monday, February 13, 2012
Tax Relief for Damaged Properties
There was an article in the Kingston Freeman recently about the county's decision to provide tax relief for some properties that were damaged in Hurricane Irene. If you would like to read the full article here is the link:
Ulster County Executive Michael Hein OKs storm related tax relief (with chart)
What does this all mean? In a nutshell, if a property was more than 50% damaged by Hurricane Irene or Tropical Storm Lee the county has voted to allow the property assessments to be adjusted. That will affect the property owners January 2012 county tax bills (those are the ones we just paid). The Onteora School District has voted to do this as well. So the school taxes paid back in September 2011 will be affected also. BUT TAXPAYERS MUST APPLY!!
Why is this unusual? By state law your assessments are determined by what is on your property on what is called "taxable status day". That is March 1st in New York. That means that whatever is on your property on March 1st is assessed for the upcoming school, county and town taxes. Unfortunately, if something catastrophic happens after that date the assessors office cannot legally make the adjustment until the following year UNLESS the state legislature passes a new law. In the aftermath of Hurricane Irene and Tropical Storm Lee the legislature did just that. It passed a law giving permission to the school district, the county and the town to decide if they wanted to amend the assessments for properties that were damaged by 50% or more as of late August 2011. (If you would like to read the legislation go to: Summary of Legislation Hurricane Irene and Tropical Storm Lee Assessment Relief Act). The amended values will reflect the damage done to properties by the water. BUT OWNERS OF THE AFFECTED PROPERTIES MUST APPLY TO THE ASSESSORS OFFICE FOR THIS PROGRAM NO LATER THAN MARCH 8TH, 2012!!! SUPPORTING DOCUMENTATION MUST BE PROVIDED! (call the assessors office 845-688-5003 for details) You can get the application at the assessors office or online at www.shandaken.us.
So if you have damages that you feel would be qualify for consideration, please be sure to get to the assessors office by March 8th and file the paperwork.
Going forward to the 2012 roll, the assessments will be adjusted on properties that have unrepaired damage which would affect the market value (including those damaged less than 50%). BUT YOU MUST NOTIFY THE ASSESSORS OFFICE AND MAKE AN APPOINTMENT TO HAVE YOUR PROPERTY VISITED so that a correction to your assessment can be made for the coming tax year.
As usual, if you would like your property visited for any other reason the assessors office is always available. Just call and make an appointment.
Ulster County Executive Michael Hein OKs storm related tax relief (with chart)
What does this all mean? In a nutshell, if a property was more than 50% damaged by Hurricane Irene or Tropical Storm Lee the county has voted to allow the property assessments to be adjusted. That will affect the property owners January 2012 county tax bills (those are the ones we just paid). The Onteora School District has voted to do this as well. So the school taxes paid back in September 2011 will be affected also. BUT TAXPAYERS MUST APPLY!!
Why is this unusual? By state law your assessments are determined by what is on your property on what is called "taxable status day". That is March 1st in New York. That means that whatever is on your property on March 1st is assessed for the upcoming school, county and town taxes. Unfortunately, if something catastrophic happens after that date the assessors office cannot legally make the adjustment until the following year UNLESS the state legislature passes a new law. In the aftermath of Hurricane Irene and Tropical Storm Lee the legislature did just that. It passed a law giving permission to the school district, the county and the town to decide if they wanted to amend the assessments for properties that were damaged by 50% or more as of late August 2011. (If you would like to read the legislation go to: Summary of Legislation Hurricane Irene and Tropical Storm Lee Assessment Relief Act). The amended values will reflect the damage done to properties by the water. BUT OWNERS OF THE AFFECTED PROPERTIES MUST APPLY TO THE ASSESSORS OFFICE FOR THIS PROGRAM NO LATER THAN MARCH 8TH, 2012!!! SUPPORTING DOCUMENTATION MUST BE PROVIDED! (call the assessors office 845-688-5003 for details) You can get the application at the assessors office or online at www.shandaken.us.
So if you have damages that you feel would be qualify for consideration, please be sure to get to the assessors office by March 8th and file the paperwork.
Going forward to the 2012 roll, the assessments will be adjusted on properties that have unrepaired damage which would affect the market value (including those damaged less than 50%). BUT YOU MUST NOTIFY THE ASSESSORS OFFICE AND MAKE AN APPOINTMENT TO HAVE YOUR PROPERTY VISITED so that a correction to your assessment can be made for the coming tax year.
As usual, if you would like your property visited for any other reason the assessors office is always available. Just call and make an appointment.
