Business Personal Property Tax Services
In addition to business property tax, our teams are experts at getting you the most accurate valuation of your Business Personal Property Tax (BPP) or Business Tangible Personal Property Tax (TPP). The majority of US states include inventory as part of their BPP tax.
Business Personal Property Tax analysis is sophisticated, and we take the time to understand all aspects of your property and industry. The first step is the learning process where we gain a deep understanding of the unique issues impacting the market value of the business personal property. Then, we use our proprietary technology, and a methodical process enables our experts to justify the ideal liability. Tax valuation of these properties is a complicated process involving a wide array of issues impacting your assessment while creating opportunities for your company. Our appraisal advocates are educated in the latest evaluation techniques and are equipped with the tools to challenge local tax assessors at every administrative level. We turn over every stone to uncover the most favorable tax position for you and your business.
For many types of personal property, market, book, and comptroller values on Business Personal Property Tax can vary significantly, as much as 70 percent in some cases. These variances are why it is critical to assess your BPP value correctly and if needed, to protest your business personal property values each year. Assessment Technologies experts will research and gather information about your personal property items to determine whether or not your initial property assessment was at its fair market value. Then, they will initiate the appeals process if they can find evidence supporting your claim. The benefits of using consistently successful professionals like the ones at Assessment Technologies is that they have proven results.