Business Personal Property

Many jurisdictions require the timely reporting and accounting of fixed assets and inventory annually for taxation. Complying with this task can be quite time-intensive and requires a full understanding of which assets are and are not taxable, so as to ensure that over or under-reporting of assets does not occur. The overwhelming number of forms, depreciation schedules, exemption application, abatements, tax codes, and deadlines make compliance a burden on many accounting departments.

We can remove this burden from the tax payer by performing any or all of the following services at the client’s request:

• Review of fixed asset list for proper classification of assets to ensure maximum depreciation is achieved
• Identification of ghost assets and intangibles
• Prepare and timely file renditions, abatement and exemption applications
• Timely appeal assessments that are deemed excessive
• Present evidence in support of our valuation to appraisal district/assessor at
  informal negotiation, and at Appraisal Review Board if necessary.