Deadline approaches for STAR property-tax exemptions

December 3, 2013 Updated Dec 3, 2013 at 9:33 AM EDT

By Allissa Kline, Buffalo Business First Reporter

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Deadline approaches for STAR property-tax exemptions

December 3, 2013 Updated Dec 3, 2013 at 9:33 AM EDT

BUFFALO, N.Y. (WKBW) - A week-long event is underway to assist more than 38,000 homeowners in Erie County with re-registering for New York state's basic STAR property tax exemption.

Through Dec. 6, homeowners who want to continue to receive the exemption may visit the Sen. Walter J. Mahoney State Office Building at 65 Court St. in downtown Buffalo to register in person with the state Department of Taxation and Finance. The deadline to register is Dec. 31.

The basic STAR program is available for owner-occupied, primary residences where the incomes of the resident owner and his or her spouse is less than $500,000. It exempts the first $30,000 of the full value of a home from school taxes.

New legislation this year requires homeowners receiving a basic STAR exemption to register with the Tax Department in order to receive the exemption in 2014 and subsequent years. The registration is one-time only.

So far, approximately 78 percent of Erie County homeowners have signed up to continue receiving the basic STAR exemption, according to a Department of Taxation and Finance spokesperson. That leaves 38,600 homeowners who have not yet re-registered.

If homeowners miss this week's in-person sessions, they may register online anytime at http://www.tax.ny.gov/pit/property/star13/default.htm or call (518) 457-2036 between 8:30 a.m. and 8 p.m. Monday through Friday and between 9 a.m. and 1 p.m. Saturday.