The COVID-19/Coronavirus pandemic and subsequent shutdowns continue to have far-reaching implications for government and businesses. The Governor has issued a number of executive orders suspending or extending tax and assessment deadlines: however, the deadline for taxpayers to file business personal property returns remains May 15th 2020We have several questions regarding filing of Business Personal Property forms:
- Are we allowing filing via email as opposed to paper mailing? If yes, what email address/addresses should the return be sent to? (Reply) Due to the COVID-19 virus, as you are aware, has reshaped how we are doing business. We prefer to have the forms sent to us per U.S. first class mail, priority mail or certified mail. Email is our last option but, If you feel email is the way for you , we are asking you to send a receipt request to reduce any confusion. Our email addresses are firstname.lastname@example.org and email@example.com
- What do you require for a signature if the files are emailed? We prefer an electronic signature
- Are you granting an automatic extension of the original filing deadline or do taxpayers need to request an extension? We are going to allow a thirty day extension due to the COVID-19 virus. In order to quality you will have to send a written request or electronic request and state the reason the extension is needed. We would need the request by May 5th 2020. For concerns meeting deadlines you can find more information by going to Ind. Code 6-1.1-3-77(b) If an extension is granted the deadline to file will be June 15th 2020
As your Assessor, the safety and well- being of our taxpayers and employees is our top priority. We will do all we can to work with you during this COVIS-19 pandemic by following the guidelines the state provides.
NOTICE OF MEETING:
The Property Tax Assessment Board of Appeals will hold scheduled Appeal Hearings on Monday, April 13, 2020 at 8:15 A.M. in the Lower Level Conference Room at the Wayne County Annex Building. Due to the COVID-19 Virus, this meeting will not be open to the general public.
The Assessor’s Office is responsible for estimating the value of your property, expressed as its taxable or assessed value. Assessments are based on guidelines and regulations enacted by state legislators and adopted by the Indiana Department of Local Government Finance. This is accomplished by discovering, listing and calculating. The county assessor then certifies assessed values of real and personal property to the county auditor for taxes. We serve as the secretary of the County Property Tax Assessment Board of Appeals within the county. The County Assessor works closely with the Department of Local Government Finance, which adopts the rules for assessing of property in Indiana. We also answer taxpayer’s questions and assist appraisers, realtors, insurance agencies and lending brokers with property information daily. We are responsible for all exemption and sales disclosure filings. Wayne County is divided into fifteen townships and 34 taxing districts with a total of 35,010 real estate parcels and 4342 personal property parcels. Wayne Township has an elected assessor who works with the County Assessor to maintain fair and accurate property information.
The annual date of assessment is January 1st of each given year. On this date, the total value of each person’s real and personal property is assessed for tax levy purposes for the current year.
Real property (land and structures) is assessed annually and whenever a change is made.
IMPORTANT LAW CHANGES AND REMINDERS
Businesses filing a total acquisition cost under $40,000 per county are now Exempt from taxation,
SEA 1C 6-1.1-3-7-2. Businesses with less than $40,000 must file a 103 Personal Property From.
(a 102 Personal Property Form for farms) A $25 penalty will be added to next year’s tax bill as a
failure to file by May 15th.
Businesses with $40,000 or more acquisition cost of equipment, will file a 103 Personal Property
Form. (a 102 personal property form for farms)
January 1st is the filling date for Business Personal Property forms. Returns are due or must be
postmarked by May 15th of each given year. Failure to file all forms on or before the due date will
result in penalties being applied to next year’s tax bill per IAC 4.2-2-10 and cannot be waived by
We do not mail Business Tangible Personal Property Forms. Forms can be downloaded from the
Department of Local Government Finances website www.in.gov/dlgf/ or you are welcome to visit the County Assessor/Township Assessor office, if you need additional assistance completing the
forms. All forms must be signed and dated or will be returned.
- Please inform our office if you are no longer in business, have moved or filed under a different name and we will make the appropriate changes.
THIS IS NOT A BILL (RETAIN FOR YOUR RECORDS)
The purpose of this form is to notify you of the assessed value of your property
as of January 1st 2020. Tax bills for this assessment will be mailed in April 2021. Please DO NOT call the Assessor's office with tax amount questions. Tax amounts will not be known until the tax bills are printed in the spring of 2020.
The base rate for Agricultural land has changed to the amount of $1200 per acre. This rate is set at the State level and cannot be appealed.
The Classified Forest base rate has changed to $14.11 per acre.
The FINAL DAY to appeal the value on this notice will be June 15, 2020.
If you believe this assessment is not accurate, you have 45 days from the date on this notice to file an appeal with the assessor. THIS WILL BE THE ONLY CHANCE YOU WILL HAVE TO APPEAL THIS ASSESSMENT.
Your assessment should represent the "Market Value" of your property. Please remember, you cannot appeal the amount of your taxes. If you believe your assessment is in error, base your appeal on the assessment/market value.
If you would like to review your property record card, you may do so at: https://beacon.schneidercorp.com/?site-WayneCountylN. Enter your name or parcel number in the "Search for" box. Click on Property record card. Your property record card will pop up for review or you may print it out.
Last date to file a Form 136 Application for Property Tax Exemption is April 1st.
- Two copies of the form must be filed with the County Assessor of the county where the property is located.
For more information or assistance, please contact Betty Smith-Henson, Wayne County Assessor or Timothy Smith, Wayne Township Assessor.