Property Tax Strategy
Many property owners are unsure about their rights to appeal the valuation of their property. This means that appeal rights are not asserted as often as they should be. The reality is that the appraisal district is not always correct about values, particularly when the property in question is used for commercial or industrial purposes. It falls to the property owner to seek correction of the value through an appeal.
Paying your property taxes is inevitable but overpaying those taxes is avoidable. The collective team at Assessment Technologies takes pride in offering the best property tax reduction services in the United States. We will develop a flexible plan that is tailored to your needs and find the best opportunities to lower your property tax liability.
Our Property Tax Services
Our property tax experts research and gather your property information to determine if you are being assessed at fair market value. Through our unique valuation approach we analyze the market value and trends of the subject property and establish our own value model.
If we believe the property is being overvalued we will, together with the client establish a target value and appeal the assessment. For transparency we include and update our clients in each step of the process.
Our legal experts assure that every opportunity is explored and exhausted in the appeal process. Our team will file all necessary documentation and petitions and represent you before any hearings or administrative panels. We also assure that we will preserve your rights to appeal to a higher level if needed.
Late Term Appeals
If no property tax appeal was made during the regular season, there is still an opportunity to dispute your valuation after the initial protest period has expired. Under section 25.25(d) of the Texas Property Tax Code, even if business property owners miss the initial protest deadline they have another opportunity to file a protest.
We can track the tax history of any property by using our proprietary tax software. This allows us to spot trends and create reports that we can use to reinforce our position for you.
Budgets & Accruals
We understand that property taxes can be one of the largest operating expenses for a commercial or industrial property and that is why we assign dedicated tax accountants to help manage your property tax expenses and develop proper accrual budgets.
We also provide guidance when you are looking to purchase new properties. We furnish all potential buyers with our assessment, tax history and future tax estimates of the subject property. Our pre-acquisition services will provide you with the broad knowledge of the property to help you make the right investment.
Tax Bill Administration
Assessment Technology can manage your company’s yearly tax bills. We will receive, track, file payments, and provide receipts for all of your properties taxes.