Advertisements

Today: Final day to pay 3rd Quarter Taxes without Interest

Being that tax bills are only mailed to you once a year, we’re reminding you that the 3rd quarter is past due.
There is a 10 day grace period, so if your taxes are received by the 10th (or in this case today because the 10th was Saturday), no interest will be charged. If your payment is received after today, you will be charged interest based on the number of days between the 1st and the day your payment is received.

Taxes are paid quarterly; the first two quarters add up to half of what was billed on the property the prior year and the third and fourth quarter are based on the actual tax rate. If taxes go up, the third and fourth quarter are generally larger than first and second quarter; if taxes go down, the third and fourth quarters are smaller than the first and second.

Tax bills are mailed once a year, during the Summer, and contain four coupons. Taxes are due February 1, May 1, August 1 and November 1.

-------------

This content, and any other content on TLS, may not be republished or reproduced without prior permission from TLS. Copying or reproducing our content is both against the law and against Halacha. To inquire about using our content, including videos or photos, email us at general@thelakewoodscoop.com.

Stay up to date via our news alerts, by sending 'follow LakewoodScoop' to the number '40404' or via Twitter handle @LakewoodScoop. Also find us on Instagram and Facebook.

Also join the thousands receiving our Whatsapp Status updates!

Got a news tip? Email us at newstips@thelakewoodscoop.com, text or whatsapp us 415-857-2667, or tweet us @LakewoodScoop.

Write a Comment

Please read comment rules before submitting your comment.

(required - will not be published)

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.

Answer the question below to prove you\'re human *