Tax Seasons - Add and Edit Season

Tax Seasons on EscrowCloud represent each period of time that your agency collects taxes. It could be a full year, a half year, or even an installment. Managing your Tax Seasons on EscrowCloud allows Payers in your network to make commitments to your agency.

EscrowCloud also allows you to run a Pre-Commitment or Bill Request prior to your Payment period. This will allow Payers in your network to prepare their portfolio and send you a preliminary file of which parcels they intend to pay. This is also a great opportunity for them to resolve any duplicates with other Payers on EscrowCloud to further eliminate refunds on parcels that may have changed hands. Many agencies utilize these files to reduce mailing bills to property owners who have their taxes escrowed.

Add Tax Season

To create your new tax season(s) on EscrowCloud:

Log into Autoagent and navigate to EscrowCloud and select the "Tax Seasons" tab.

Click on "+ New Tax Season" button. 

If you are running Pre-Commitments, select YES, to set up a Pre-Commitment Period prior to your collections. This is optional and used only if you have a need to print notes on the tax bills or if you need to receive files which will allow you to code those parcels in your system to suppress bill printing. 

Enter your Tax Season tax start/end dates. Add the Official Payment Due Date, which is the last day to accept payments before interest and penalties are added. 

Click "Save Tax Season" to get the information updated in the system.

Edit Tax Season

To edit your new tax season(s) on EscrowCloud:

Log into Autoagent and navigate to EscrowCloud and select the "Tax Seasons" tab.

Click "Edit" button to the right of tax season. 

Make the necessary changes. You'll be presented the opportunity to send a notification to all Payers in your network regarding the change. Be sure to click the box so they are notified of your modified season dates.

Click "Save Tax Season".