If your properties receive an ICIP property Tax exemption, you’re required to file a Certificate of Continuing Use (CCU) annually. If you’re an ICAP recipient, you’re required to file the CCU every two years. The yearly filing also applies to not-for-profit organizations.
While these forms are fairly simple to complete, it can cost you hundreds of thousands of dollars in lost or forfeited benefits if they aren’t filed completely and accurately before the deadline. MGNY’s annual compliance services can help avoid your long-term benefits from being compromised.