Real Estate Tax Forms

Real Estate Tax Forms

Sample Letter to Your Client on Current Year and Future Real Estate Taxes

[DATE]

[CLIENT’S NAME]

[CLIENT’S ADDRESS]

Philadelphia, PA [ZIP CODE]

Dear [CLIENT]:

For your records, enclosed is a print out from the City Office of Property Assessment (OPA), that indicates what is owed for your current year ([CURRENT CALENDAR YEAR ]) taxes. As you can see, the principal amount owed for [CURRENT CALENDAR YEAR] is $[AMOUNT OF PRINCIPAL OWED], and $[AMOUNT OF INTEREST OWED] has accumulated in interest. (Interest begins to accumulate on the unpaid balance as of April 1 of every year.) Thus, as of today, the current total amount owed for [CURRENT CALENDAR YEAR] is $[TOTAL AMOUNT OWED].

In order to start paying this amount, you should submit payments to the City Department of Revenue. Here are some important things to keep in mind as you make payments for your current year [CURRENT CALENDAR YEAR] taxes:

1)  If you do not pay the current year taxes in full, your payments will be applied to delinquent taxes (should you have delinquent taxes). We recommend that you save the money needed to pay the current year taxes in full with one payment. Pay in person to ensure that the payment is applied to your current taxes, and always ask for a receipt.

2)  You should understand that interest will continue to accumulate on the unpaid principal balance until the full balance is paid. However, as you pay down your taxes throughout the year, less and less interest will accumulate.

3)  It is important that you make every effort to pay the principal and interest owed for [CURRENT CALENDAR YEAR] before December 31, [CURRENT CALENDAR YEAR]. If you still owe money on your [CURRENT CALENDAR YEAR] taxes once the [NEXT CALENDAR YEAR] year begins, (1) interest, penalties, and attorneys’ fees may accrue; (2) the City can file a lien against your property; and (3) the City could eventually try to take you to court to have your property sold to pay the back tax bill.

I have enclosed instructions for you on how to submit payments for your current year [CURRENT CALENDAR YEAR] real estate taxes.

I have also enclosed some important tips for you on paying your real estate taxes in future years. You should hold onto this information and review it in January of every year, to make sure that you keep up with your real estate taxes and take advantage of the programs available to you.

Please let me know if you have any questions or concerns about this real estate tax information. You can reach me at [ATTORNEY’S PHONE NUMBER].

Sincerely,

[ATTORNEY], Esquire

Enclosures: Instructions on how to pay current real estate taxes

Tips on paying real estate taxes in future years

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