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Tax Billing Process
Taxes are billed on a fiscal year, July 1 - June
30. Please remember that bills are
mailed out only twice per year although four quarterly bills need to be
paid. It is easy to pay your bill
online. Go to
www.town.ipswich.ma.us/treasurer
Preliminary tax bills are mailed out by July 1st. The two enclosed tax bills are due on August
1st and November 1st.
These tax bills are based on the previous year’s total tax amount
divided by four.
Actual tax
bills are generated in December, after the tax rate has been set, and are
mailed out by December 31st.
The two enclosed tax bills are due on February 1st and May 1st. These bills are based on the new assessment,
multiplied by the new tax rate, minus any payments made or any exemptions
given, divided by two.
Any remaining balance on
the account after May 1st will generate a demand bill. This bill includes a demand charge and
interest at a rate of 14% per year.
Owners of unpaid demand
bills will be advertised in the Ipswich Chronicle, and posted at Town Hall and
at the Library. If taxes are not paid
within fourteen days of the advertising, a lien will be placed on the property
at the Registry of Deeds in Salem. If the taxes remain unpaid, the Town will
foreclose on the property.
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