Property tax laws differ from state to state and often vary by local jurisdiction, which makes keeping up with changes to property tax law an onerous task. In addition, many companies just assume that one of their largest annual operating costs, property taxes, are fixed and unchangeable.
Yet, property taxes are based on the values of tangible assets and as a valuation firm, we often see assessed valuations that do not reflect current market trends. We have experience bringing valuation and jurisdictional knowledge to an assessment problem and achieving the desired outcome – reduced property taxes.
We accomplish your objectives through a strategic, effective process which includes:
- Property tax valuation – Valuation and testimony to support your tax positions and protests
- Personal property tax consulting – Assessment review and strategy assistance, which may include return and appeal filing and property tax audit support
- Real property tax advisory – Assessment review to identify opportunities for cost reduction such as quantifying obsolescence, duplication of real and personal property, clerical errors, and lack of equity