Arkansas Property Tax Notices to be Released This Month
In July, Arkansas property owners receive their annual property tax notices, marking the beginning of the appeal process for those who wish to challenge their property valuations. Property owners have the right to contest their valuation by filing an application for review with the county assessor before August 19. The County Board of Equalization conducts hearings to review appeals, and their decisions are generally considered final unless appealed further to the County Court within 30 days after the county board's ruling.
Local experts at Ryan, equipped with extensive knowledge of the Arkansas commercial real estate market, are available to provide guidance on tax minimization strategies and address inquiries related to property tax assessments. Their expertise ensures property owners can navigate the appeal process effectively and explore opportunities to manage their tax liabilities proactively.