Annual Rendition/Property Tax Return Filing
Business owners are required to file an annual property tax return that is a rendition of the business fixed assets and inventory (if taxable) owned on January 1st. A business will be taxed based on this rendition form so it is important that this form is filed by a professional that knows what property is taxable and accurately list property that will minimize the tax liability.
Before filing the rendition, our firm will analyze your fixed asset schedule to determine only tangible active assets are reported and assets that are part of the real property are not reported to create a double assessment. A timely filing of the annual rendition form will prevent a 10% penalty and an excessive assessment.
Filing of Exemption Applications
Notice of Value Analysis
Tax Bill Management
National Experience
Business owners are required to file an annual property tax return that is a rendition of the business fixed assets and inventory (if taxable) owned on January 1st. A business will be taxed based on this rendition form so it is important that this form is filed by a professional that knows what property is taxable and accurately list property that will minimize the tax liability.
Before filing the rendition, our firm will analyze your fixed asset schedule to determine only tangible active assets are reported and assets that are part of the real property are not reported to create a double assessment. A timely filing of the annual rendition form will prevent a 10% penalty and an excessive assessment.
Filing of Exemption Applications
- Freeport Goods
- Goods in Transit
- Pollution Control Equipment
- September 1 Inventory
- Company Vehicle Exemption
Notice of Value Analysis
- Insure notice of value is received timely.
- Analyze value to insure value is at or below market value.
- Analyze value to insure exemptions were received.
- Analyze value to insure maximum depreciation was received.
- Insure there are no multiple appraisals of the same property.
Tax Bill Management
- Insure tax bills are received timely.
- Insure tax bill amount is based on the correct value.
- Insure tax bill includes exemptions.
- Insure tax bill is not a double assessment.
- Reminder to insure tax bill is paid timely.
National Experience
- TransWestern Consultants provides property tax consulting in over thirty (30) states and over 300 taxing jurisdictions since 1996.
- We can be your in-house property tax department without the expense.
- Our proprietary database system makes managing multiple accounts in multiple jurisdictions efficient.