Vermont homeowners need to file an extra tax form this year even if they have not moved in the last year.
A change in the state's tax law now means the homestead declaration form needs to be filed every year by every Vermont homeowner. That's the form that declares your home as your primary or secondary residence.
Previously, it was only required if you were eligible for a tax prebate, or if there was a change in ownership. Experts say you could be paying higher property taxes next year if you forget to file it.
"So you could go on the Vermont Department of Taxes website and within 15 minutes you could file that homestead exemption, but if you don't file that homestead exemption then you won't get the lower taxes for your principal residence. So, it's really, really important that everybody file it," said Rick Wolfish of Gallagher, Flynn and Co.
That's because second homes are charged a higher non-homestead tax rate and if you forget to make your declaration, that's what you'll be charged. You can file that form anytime between now and April 15.
Tuesday, March 11 2014 11:49 AM EDT2014-03-11 15:49:17 GMT
A Plattsburgh woman faces charges for allegedly attacking someone with a knife. New York State Police were called to the Best Value Inn on Booth Drive Sunday night for a report of a domestic dispute. InvestigatorsMore >>
A Plattsburgh woman faces charges for allegedly attacking someone with a knife.More >>
Tuesday, March 11 2014 10:14 AM EDT2014-03-11 14:14:46 GMT
A Winooski man says he was held at knife point on Church Street in Burlington Monday afternoon as robbers took nearly 300 dollars from him. Police arrested 29-year-olds Andre Martel and Anthony HammondMore >>
A Winooski man says he was held at knife point on Church Street Monday afternoon as robbers took nearly $300 from him.More >>
Tuesday, March 11 2014 10:01 AM EDT2014-03-11 14:01:29 GMT
A South Londonderry man captured at the end of a high-speed chase now faces up to life in prison. Police say Christopher Bush topped speeds of 100-miles-per-hour in a stolen SUV. The 27 year old pleadedMore >>
A South Londonderry man captured at the end of a high-speed chase now faces up to life in prison.More >>
Tuesday, March 11 2014 11:58 AM EDT2014-03-11 15:58:56 GMT
Vermont State Police dive teams will search Otter Creek Tuesday for a missing Proctor woman. Maryann Foster, 59, went missing the week of Feb. 24 and there has been no luck finding her yet. Police sayMore >>
Vermont State Police dive teams will search Otter Creek Tuesday for a missing Proctor woman.More >>