Licht & Company, Inc.

LICHT & COMPANY, INC. is a full-service appraisal firm which concentrates primarily in the area of property tax appeals.  We were founded in 1987 by Mike and Howard Licht.
Mike was the Denver assessor for fifteen years and the city auditor for four years.  At the end of his 29-year tenure with the city, the Lichts began appealing property tax valuations during the 1987 revaluation. We have been representing taxpayers ever since.  Most of our clients have used our services for more than fifteen years and many have been with us since our inception in 1987.

We appeal valuations during the statutory appeal period in May and we also have the experience and expertise to obtain tax refunds through the abatement petition process.  We have obtained property tax reductions and refunds on many occasions when another consultant has determined that an appeal is not appropriate.  There is no cost or obligation in order for our staff to review the valuation of a property and determine if a tax refund is possible.

We have appeared before numerous county boards and the state board of assessment appeals and have the experience necessary to obtain the lowest possible valuation.  Our experience over the years has enabled Licht & Company, Inc. to build a reputation that is second to none.  Our interaction with the assessors' offices throughout the state has given us the skill to navigate the maze of procedures and deadlines required to successfully reduce the value of each property to its lowest possible level.  

All real property in Colorado is revalued every other year, in the odd year. 
 
The assessor sends notice of value forms for all real property schedules on May 1 of each year.  The statutory appeal period for real estate runs from May 1 through June 1.  The assessor must mail notice of determination forms following their review of the properties.  In order to appeal the valuation of a property further, an appeal must be filed with the county board of equalization (BOE) before the appropriate deadline.  The BOE’s determination may be appealed to the state board of assessment appeals, district court or binding arbitration.  We are familiar with the procedures and deadlines required at the various levels of appeal and ensure that each is filed appropriately.
 
If a property is not appealed during the statutory appeal period, a petition for abatement or refund of taxes may be filed after January 1 of the following year. Substantial tax refunds are available through the abatement process.  We have the knowledge to determine if a property qualifies for an abatement and the expertise to navigate the requirements necessary to obtain a tax refund.

COLORADO ASSESSMENT CALENDAR *

January 1 . . . . . . . . . . . . . Assessment Date

May 1 . . . . . . . . . . . . . . . . . .Notice of Values
                                         Mailed by Assessor

May 1 - June 1 . . . . .Statutory Appeal Period

July 1 . . . . . . . . . . . . . . . . . . .Assessor Mails                                  Notices of Determination

Late July . . . . .County Board of Equalization                                            Hearings are Held

Within 30 Days . . . . . Appeals to State Board, 
of BOE Decision                   District Court or                                            Binding Arbitration                                                             are Due

After January 1 . . . . . . .Abatement Petitions
                                          may be filed for the                                                   previous year

* This schedule is for most counties in the state.  Denver, Boulder, Jefferson and Douglas Counties have a longer period to issue a notice of determination.  

Personal property NOVs are mailed by June 15th.  The appeal period for personal property is June 15  through June 30.