Personal Property Taxes

Many counties, states and municipalities have a Tangible and Personal Property Tax. Rules for what is taxable can vary from state to state.

As is often the case, inaccurate inventory reporting, overstated market varket value of furnishings, fixtures and equipment along with a lack of understanding correct depreciation schedules equals incorrect value assessments of your Tangible and Personal Property.

If you are simply using the data from federal income tax filings, disreagarding functional obsolescence or still reporting fully depreciated assets, you could be paying too much tax.

If you feel the local tax authority has assessed your personal property with the wrong value, for what ever reason, we want you to call us. Our experienced team of Accountants and Appraisers can assist you to insure you only pay the correct tax due and not a penny more.