Want the Scoop on Sarasota County Property Taxes? Important Tips and Dates to Remember

Because your home may be your biggest investment, it’s critical to keep up-to-date. An important part of our work for our clients is to oversee details. We understand the need for accurate information. Here are some Important Tips and Dates to Remember regarding your property taxes:

dollarNovember – First Week. The Sarasota County Tax Collector mails the tax bills to property owners of record.

When paying your property taxes keep these dates in mind to receive discounts for early payment.

  • 4% discount if paid in November
  • 3% discount if paid in December
  • 2% discount if paid in January
  • 1% discount if paid in February
  • The gross amount is due by March 31st

The county also allows you to pay your taxes in quarterly installments. To sign up for 2016, you must submit an application to the county tax collector by April 30, 2016. You should receive your first notice by June 15, 2016 and the first installment will be due June 30th, 2016.

If you are a homeowner and Florida resident you are eligible for the tax savings benefit called the Homestead Exemption. Florida residents who purchase, occupy and make their Sarasota County home their permanent residence by January 1, 2016 may be eligible for the exemption if they meet the two deadlines.

1. In order to meet the qualification deadline for the exemption you must be a Florida resident and own and occupy the property as your permanent residence on January 1st of the year you claim the exemption. 

2. In order to meet the application deadline you must apply by March 1st of the year for which you are claiming the exemption.

When applying for the Homestead Exemption, you will need to provide several items that serve as evidence of property ownership and Florida permanent residence. Married couples are required to provide the information for both spouses.

March 1st is also the deadline for filing the Senior Citizen Limited Income Exemption. June 1st is the deadline to submit required documentation for the additional Senior Citizen Exemption.

August- September. The Property Appraiser mails a notice of proposed property taxes. If you have concerns, this is the time to meet with them and discuss the situation and/or to file an appeal petition, if necessary.

Feel free to contact us if you need further help. We do everything possible  to help make your future better than ever.

On Your Team,

Beverly and John

 

 

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