We hope you’ve had a wonderful summer 2023 and are enjoying August’s balmy weather while it lasts. (By the way, if you’re looking for something fun to do during Summer’s remaining days, please read our two recent blog articles: It’s Time for Summer Fun on Long Island! and Exploring Long Island’s Unique Wildlife Preserves).
Because September – the kick-off of the 2025/26 tax grievance season – will soon be upon us, it’s time for an update on what’s ahead on the Nassau County property tax front.
You’ll Soon Be Hearing from Maidenbaum
September 1st is the first date in 2023 that you can authorize Maidenbaum to handle your 2025/26 Nassau County tax grievance, so get ready to receive an email from us that will contain instructions on how to sign up. Of course, you’ll only receive this email if you’re already a Maidenbaum client or have registered recently. (Word to the wise: it’s always a smart move to have Maidenbaum handle your grievance, so click on the Get Started link right now!)
While you’re waiting, we encourage you to visit Maidenbaum’s updated website, which includes some new features you likely haven’t seen before, such as our new Incorporated Village Deadline Date page that lets you see whether your village conducts its own assessment or uses the County’s assessment, and our City Deadline Date page that lets you see the unique deadlines for the cities of Glen Cove and Long Beach.
If you’re already a Maidenbaum client or once you sign up, we strongly suggest bookmarking our new client portal at: https://clientportal.mptrg.com to stay “in the loop” with real time status updates.
Nassau County Property Taxes in the News
A recent local news article highlights what you already know: that property taxes in Nassau County are high enough to risk making homeownership unsustainable, especially for senior citizens on fixed incomes. The article – and subsequent reader comments – highlights the costly, inefficient way that Nassau County’s sprawling, 124-district school system is organized (about 60 percent of your property tax bill is used to fund the school system). Unfortunately, as the article reports, there are zero indications that any reorganization of the school system is politically possible, which means that Nassau County residents will likely have to face rising property tax bills for the foreseeable future.
The articles note that many tax-stressed Nassau County residents are doing what you’re likely doing – “religiously” grieving their property taxes to ensure that they’re not overpaying. They clearly understand that their best chance of reducing their tax burden is to grieve – consistently – each and every year.
There is a bit of good news to report: Nassau County posted a nearly $80 million budget surplus in 2022, the result of increased federal aid, delayed debt payments, and rising sales tax revenues. While the fact that the County is currently enjoying a surplus likely won’t mean your property tax burden will be any less burdensome next year, a surplus means there will be less pressure to raise property taxes in the future.
The other good news is that SALT (State and Local Tax Deduction), a longstanding provision that allowed homeowners to deduct state and local tax payments from their property tax bills, will likely return in 2026. Back in 2017, SALT was capped at $10K by the Tax Cuts and Jobs Act, and while a number of legislative efforts to remove this cap have been introduced, none have succeeded. Let us hope that Congress will allow the SALT cap to time-out as planned, given that the SALT cap has proven very costly for many Nassau County homeowners.
Maidenbaum Has Your Back for 2025/26!
We hope that you’ll choose Maidenbaum to represent you for the 2025/26 tax year. Grieving your assessment is a right granted to every Nassau County homeowner and it’s prudent to exercise it. Remember: there’s zero downside to grieving. There’s no chance that the County will increase your property’s assessment simply because you filed a grievance. Filing a property tax grievance will only have two possible results: a reduced assessment or an assessment that stays the same.
If you’d like to sign up or simply learn more about how the process works, please contact us today via our website or by phone at 516-336-8622.
Don’t miss out on your chance to save!