Apply for Property Tax Break for 2014
Homestead exemption deadline is Nov. 15.
As Mayor Michael Nutter says, property owners lack any reason to refrain from applying for the homestead exemption. All the application can do is lower resident's property taxes. However, Philadelphians who own and live in their homes only have until Nov. 15 to apply for the tax break for the 2014 tax assessment notice. “There is no reason not to apply for the Homestead Exemption,” Nutter said in a news release. “As the City of Philadelphia continues to work diligently to evaluate and assess all properties to establish a fairer, simpler property tax process for property owners, the Homestead Exemption can decrease a homeowner’s 2014 tax bill considerably.” Philadelphia City Council, the mayor's office and the Office of Property Assessment …