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Timing Taxes: More Flexibility on Property Levies
Montanans have more flexibility on paying property taxes.
A new law lets them pay their bill in seven monthly installments instead of larger ones twice a year. AARP championed the law because older adults are less likely to pay property taxes through monthly escrow payments with their mortgage. Many no longer have a mortgage, notes Tim Summers, AARP Montana state director. That makes two lump-sum payments difficult if they haven’t saved up.
For more, see states.aarp.org/montana/taxplan.
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