realestate

Tax Deadline Reminder: Pay Personal Property & Real Estate Taxes by Year-End

Missouri vehicle owners, farmers, and boat owners must pay personal property and real estate taxes by deadline.

M
issouri residents with vehicles, farm equipment, boats, and other personal property, as well as real estate owners, need to pay their taxes soon. According to Michelle McBride, St. Charles County Collector of Revenue, these taxes fund essential public services that benefit the community.

    When reviewing your tax bills, you'll notice a list of "political subdivisions" or taxing authorities receiving the funds. This includes state, county, school districts, road and bridge departments, fire departments, and city governments. The reason for the year-end deadline is that most of these entities receive their bulk revenue in January, when taxes collected in December are paid out by January 15th.

    McBride notes a common misconception about tax deadlines: "Taxes become delinquent on January 1st, and late payment penalties and interest start accruing from that date." This means you have until the end of the year to pay your taxes without facing additional fees.

Deadline reminder: paying personal property and real estate taxes in local jurisdictions.