FAQ

1. How is tax savings defined or determined? 

Generally speaking, taxing jurisdictions set a value (proposed value) each year.  It will either be a rolled-over value from the previous year or a reappraised new value.  These values can be appealed within specific time frames to the taxing jurisdictions.  Once EMA has gone through the appeal process, and assuming our success, we receive an offer for an adjusted value.  If accepted, then a final value is recorded.  Tax Savings are then determined by the difference between the proposed value and the final value multiplied by the effective tax rate in each jurisdiction. 

2. Why does EMA need copies of tax bills or a property list to provide a quote?

Tax bills provide a wealth of information such as property values, ownership and parcel numbers and are included in our agreement to confirm that we are working the entire property or just a portion of the property.  This knowledge also helps us research each jurisdiction’s websites, to provide such information as purchase prices, acreage, square footage, construction type, zoning, etc.  This information is vital in helping us prepare our case for a more successful appeal. 

3. How does our fee structure work?

We base our fees on the property’s value and/or on the number of properties we are asked to consult upon.  EMA has several fee options.  For more information, please contact us at 1-800-843-0139.

4. What is the process for signing up with our firm?

Once our fees have been agreed upon, we send an agreement to you, along with a Letter of Agency and Authorization (LOA) or Power of Attorney (POA), whichever applies to your taxing jurisdiction.

Once we receive your signed agreement, your client information is entered into our proprietary and confidential database along with all property and parcel data on your properties.  Based on the territory, our consultants are assigned your property(s).  Appeals will be filed prior to the due date and negotiations will begin with taxing jurisdiction officials. 

At this time, we also send a (property specific) information sheet to you outlining items we need to prepare your case.  Please keep in mind that during the process, we may need additional information or clarification as each case differs. 

5. How long will the appeal process take?

The process will vary in every jurisdiction.  It can take, on average, six months up to two years in some cases.  Larger taxing jurisdictions are usually behind and the process may take time to settle.  EMA provides our clients with web portal access to view each property’s progress, or you may call us at any time!

6. Are all taxing jurisdictions the same?

No!  All states handle ad valorem taxes differently.  Within each state and every county or township, ad valorem taxes may differ.  With that being said, the idea of the Ad Valorem tax, (latin for “according to value") is basically the same across the country.  It is assigning a value to a property, whether real estate or personal property.  By law, the taxpayer is provided the opportunity to challenge the value and appeal to the county and/or state.  Our Consultants, who have training and experience in appraisal, are experts in negotiating these disagreements in value.

 
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