Taxes on real and personal property generally comprise the largest component of the state and local tax burden. Property taxes tend to rise over time. Unlike income taxes, they do not decline along with business profits. As a result, it is important to control property taxes like any large fixed cost.
This process has become increasingly difficult as businesses expand into multiple taxing jurisdictions, each with different rates, assessment practices, and possibly different exemptions.
Our SALT tax specialists will help you manage real and personal property tax costs starting with valuation and assessment phase through the preparation of property tax renditions and ending with negotiations and appeals.
