Split Payments: first half due next week

Published by Research Editor on November 23rd, 2011 - in Local taxes, Taxes

tax payment split dollar cracked

If you decide to split your property tax payments, November 30 is the last day to pay the first half.

Why split payments

When you split your payments, you get to pay half of the taxes by November 30 and the other half by June 30 of the following year, without any penalty.

The no-penalty aspect is the best part, followed closely by the fact that you’re not facing an enormous lump sum all at once on January 31. The drawback, however, is that you’re paying half of the taxes two months before the January 31 deadline. If you’re strapped for cash, that isn’t always an option.

How to split payments

Contact your tax collection office to see if the split payment option is available for you. They’ll be able to walk through the steps specific to your local area.

Assistance

If you will have trouble paying your property taxes for 2011 and splitting payments isn’t an ideal option for you, consider getting a property tax loan to ease the burden.

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25 Responses

  1. Steffie says:

    Yeah that’s what I’m talking about baby–nice work!

  2. Laticia says:

    You are so awesome for helping me solve this tax mystery.

  3. Robbie says:

    I literally jumped out of my chair and danced after reading this!

  4. Robt says:

    This taught me a lot about property taxes. Nice post!

  5. An excellent post, providing something valuable to read. It’s just good to came across the post on tax payments and when they’re due.

  6. Howard says:

    Great article. Thank you to tell us more useful information. I am looking forward to reading more of your tax articles in the future.

  7. linikzh says:

    I am really fond of your blog. thanks for the heads up on taxes being due

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