Schneck Law Group LLC

Over $150,000,000.00 of property taxes have been refunded by the property tax attorneys associated with Schneck Law Group LLC.

Schneck Law Group LLC exclusively represents property owners in property tax appeals and focuses on reducing real estate taxes on commercial, industrial and multi-tenant real estate. Schneck Law Group LLC has 3 property tax attorneys and a staff of trained paralegals. The firm's founder and managing member, Michael Schneck, may be reached via email at

For a free consultation about a potential property tax appeal, please do not hesitate to contact me.

Direct Dial: (973) 533-9300, ext. 1

Wednesday, January 28, 2009

New Jersey State Tax Newsletter

The New Jersey Department of Taxation released the Winter 2008 Quarterly Newsletter this morning. This publication provides a general overview of recent legislation, case law, and administrative policies pertaining to property tax appeals, gross income taxes, sales taxes and the corporate business tax.

Of particular note to readers of this blog, are the changes that were enacted on December 18, 2008 to the Property Tax Reimbursement Program (“PTRB”). The recent change to the PTRB raises the maximum income for eligibility for the program t0 $70,000 or less for the 2008 tax year. Previously, the maximum income was $60,000.

Also of note are two specific instructions for the Homestead Rebate Program.

According to the Newsletter:

Tenants who meet the eligibility requirements for the Homestead Rebate Program should "use the application in the New Jersey income tax booklet, Form TR-1040, to apply for the homestead rebate for tenants."

On the other hand, Homeowners who meet the eligibility requirements for the Homestead Rebate Program should "not use the application in the income tax booklet. Applications for the homeowner rebate are expected to be mailed at the end of April, and homeowners will apply either online or by phone."

The full Newsletter may be accessed by clicking the words Property Tax Appeals, NJ.


Post a Comment