Business personal property taxes are one of the largest recurring operating expenses associated with owning tangible assets. Business owners are often unaware of what items or costs are taxable, what items are being assessed or how their property is valued. Understanding these issues can often produce a property tax savings.
The Brown Smith Wallace property tax services team uses a proven, multi-step assessment process to uncover business personal property tax savings for your organization. Our clients typically experience annual personal property tax savings, reduced costs, improved cash flow, a cleansed fixed asset record and mitigated jurisdictional issues.
Most of our business property tax services team came to Brown Smith Wallace with Big Four or major industry expertise. They specialize in complex properties such as those found in retail, manufacturing and telecommunications industries. They work with companies across the United States and understand the intricacies of different tax jurisdictions. A typical property tax savings for clients is 20-30 percent. To determine if your company is structured to utilize these types of savings, click here for a brief assessment.