Every year businesses
and owners spend thousands of dollars in personal property tax unnecessarily.
Properly prepared personal tax returns can result in lower valuations
and lower taxes. The rules for preparing personal property tax returns
is as varied as the number of states requiring them to be filed.
Property taxes can be the highest expense for most income producing
properties. As local government spending continues to at an astonishing
rate, matching revenue increases must largely come form increased
property taxes. Therefore, assessors are becoming more aggressive
in re-assessing properties to increase revenues through higher valuations
resulting in higher taxes. Don't let your property share more of
the burden than those properties whose owners protest their taxes.