Page 26 - PGA Community News - January '24
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Page 26, PGA C.A.N.!                                                January 2024                                                                                                                                                   January 2024
      Palm Beach County Property Appraiser’s Office




      Dear Taxpayer:                                        If you had the agricultural land classification on your   was under $25,000 and you received notice from this office
         Happy New Year!                                 property in 2023, the application will automatically renew   that your requirement to file has been waived.
         With a new year before                          for 2024, so there is no need to file an application. If the      Florida allows an exemption up to $25,000 in value
      us, my office has a renewed                        property had a change of ownership in 2023, the new owner   for tangible personal property assets used by a business.
      sense of purpose as we work                        would have to reapply for the classification in 2024. All   However, you must file an initial Tangible Personal Property
      to constantly improve our                          5,034 properties with the agricultural classification in 2023   Tax Return to receive the exemption. Thereafter, you need
      services.                                          will be reviewed and monitored for changes of ownership.   not file an annual return unless the value of your tangible
         Our new website                                    To qualify for a new agricultural land classification,   personal property exceeds $25,000 on Jan. 1.
      at pbcpao.gov, launched                            the qualifying agricultural use must be on site as of Jan. 1.      Save time, paper, and postage by filing online. If you do
      this  month,  offers  easier                       Applications should be submitted by March 1. You will be   need a paper form, you can download it using our forms link
      reporting, better searching,                       notified of the status of your application for the agricultural   on our website. If you have any questions about reporting
      and clearer navigation.                            classification by mail on or before July 1.       personal property, tangible e-filing, or the $25,000 tangible
      Everything that we’ve always offered is still there, but now      For more information, call our office at (561) 355-4577   exemption, please call our office at (561) 355-2896 or email
      with an improved interface and access to information. It is   or email myfarm@pbcpao.gov.            us at patangible@pbcgov.org.
      more engaging and more useful. I look forward to receiving
      feedback from you and to continuing to improve this site.  Business Tangible                         Office Closed
         While on the topic of continual improvement, every
      department in my office has created a list of goals for the  Personal Property                          All Palm Beach County Property Appraiser’s Offices
      new year. Our focus for 2024 includes providing stronger                                             will be closed on Monday, Jan. 1 and on Monday, Jan. 15
      GIS modeling, widening opportunities for staff development,      Business tangible assets such as furniture and equipment   in honor of Dr. Martin Luther King Jr. Day.
      proactively managing risks, and incorporating new   valued at more than $25,000 are subject to ad valorem
      technology tools. My staff develop these goals every year,   taxes. All businesses are required to file a Tangible Personal
      driving our progress as an office. I am proud to have one of   Property Tax Return (Form DR 405) annually by April 1,
      the finest professional staffs in the industry.    unless the value of your tangible personal property last year
         You may see some of my stellar staff at the South Florida
      Fair, as we will once again be able to take homestead
      exemption applications on site. More on that is below, as are   Palm Beach County Surgeon
      reminders about filing for an Agricultural Land Classification
      and Business Tangible Personal Property Tax Return for 2024.
         Wishing you a prosperous and wonderful year.     Committed To Lung Cancer
                                           Respectfully,
                          Dorothy Jacks, CFA, FIAAO, AAS,
                      Palm Beach County Property Appraiser  Education And Prevention
                                 We Value What You Value
                                                             According to the                              currently, or have previously, averaged a pack a day of
      2024 South Florida Fair                             American Cancer                                  cigarette smoking for 20 years.
                                                                                                             Eby specializes in minimally invasive robotic
                                                          Society,  lung cancer

         The Palm Beach                                   is the leading cause of                          techniques for the treatment of diseases that occur in the
      County  Property                                    cancer deaths in the                             chest. He also treats multiple complex thoracic conditions,
      Appraiser’s Office                                  United States among both                         including benign and malignant lung diseases.
      will  have  a  table  at                            men and women. Often                                Eby recently joined the TGH Cancer Institute team as
      the South Florida Fair                              asymptomatic, it can                             part of the hospital’s initiative to serve more patients on
      from Jan. 12 to 28.                                 go undiagnosed for an                            Florida’s east coast. TGH has been creating a framework
      We will be located in                               extended period. When                            of state-of-the-art services for patients in the Palm Beach
      Expo West and will be                               symptoms do appear,                              County and Treasure Coast areas, with the expertise and
      taking new homestead exemption applications and answering   it’s usually because the                 innovation of an academic health system.
      questions throughout the fair.                      cancer has spread, and                              An Idaho native, Eby completed medical school at
                                                          there’s less  chance for                         the New York Medical College in Valhalla, N.Y., and
      Reduce Tax With THE                                 survival. This makes early screenings critical in detecting  his general surgery training at the University of Miami.
                                                                                                           He was elected to Alpha Omega Alpha national medical
                                                          and treating the country’s deadliest cancer.
      Homestead Exemption                                    Dr. Marcus Eby, a board certified thoracic surgeon with  honor society and finished his fellowship training in
                                                          Tampa General Hospital (TGH) Cancer Institute in Palm  cardiothoracic surgery at Rush University Medical Center
         If you are a permanent Florida resident, you may be   Beach County, treats lung cancer and is a staunch advocate  in Chicago, which is nationally known for its high volume
      eligible for a homestead exemption, which can generally save   of lung cancer screenings for early detection. “Finding  and minimally invasive approaches to treat abnormal
      you an estimated $750 to $1,000 in property taxes each year.  cancer before it spreads saves lives,” said Eby.   changes in body functions due to thoracic diseases.
         (Did you receive your pink homestead exemption receipt      Unlike breast and colon cancers, public awareness around     TGH Cancer Institute is nationally recognized by U.S.
      card in the mail? If so, no need to refile. Simply keep the card   lung cancer and the need for regular lung cancer screenings  News & World Report and the Commission on Cancer, and
      as your receipt that you have been automatically renewed for   is not as robust. Eby does his part, offering comprehensive  is home to the country’s top cancer specialists, surgeons
      another year.)                                      lectures about lung health to community groups.  and research scientists. TGH specialists collaborate with
         A $25,000 exemption is applied to the first $50,000 of your      Eby noted that the U.S. Preventive Services Task Force,  experienced oncologists and surgeons across Palm Beach
      property’s assessed value if your property is your permanent   which establishes guidelines for cancer screenings, recently  County to deliver personalized medicine and game-
      residence and you owned the property as of Jan. 1. This   dropped the recommended age for annual lung cancer  changing treatments fueled by academic research.
      exemption applies to all taxes, including school district taxes.   screenings to 50. The screening involves a simple CT     TGH Cancer Institute has multiple locations across
      An additional exemption of up to $25,000 will be applied if   scan ordered by a primary care physician. Most insurance  Palm Beach County. Eby sees patients in West Palm Beach
      your property’s assessed value is between at least $50,000   plans cover screenings for adults over the age of 50 who  and Jupiter, and can be reached by calling (561) 659-6543.
      and $75,000. This exemption is not applied to school district                                Paid Advertisement
      taxes. In addition, a homestead exemption limits any increase
      to your assessed value to a maximum of 3 percent each year
      or the amount of the change in the Consumer Price Index,
      whichever is lower.
         Three ways to apply:
         • E-file – www.pbcgov.org/papa
         • Visit one of our five service centers to file in person.
         • Complete the application online, print it out, and mail
      it to our office.                                   Why should a financial
         All homestead exemption applications must be submitted
      by March 1. Once you qualify, we will renew your homestead   review be at the top
      exemption annually as long as you continue to qualify for
      the exemption.                                      of your list?
         Visit pbcpao.gov to e-file and for information on other
      available exemptions for seniors, families, veterans, and   There may be opportunities for your investments
      more.                                               to be working harder for you. Let’s work together
                                                          to make sure your financial strategy is optimized.
      All About Agricultural                              Contact us today for a complimentary review.

      Land Classification                                            Sally S Stahl, AAMS™
                                                                     Financial Advisor
         Properties with bona fide agricultural (good faith
      commercial) activity may qualify for the agricultural land     1851 W Indiantown Rd Ste 106
                                                                     Jupiter, FL 33458
      classification. The taxable value of the land is based on the   561-748-7600
      annual net income per acre attributable to the land from the   Sally.Stahl@edwardjones.com
      agricultural operation.
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