Real Estate Development & Management
Related Insights
09.25.2020
Client Advisories
Philadelphia to Forego Property Reassessments for Tax Year 2022
Philadelphia taxpayers whose property values have dropped due to COVID-19 will not receive property tax relief through planned reassessments. Instead, they will have to file tax appeals in 2020 and 2021 to reduce their property tax assessments. This is because planned citywide reassessments have been cancelled for the next two years.