Are property taxes diminishing your company’s profit margin?
Companies with substantial taxable real and personal property often do not have the time or expertise necessary to manage their property tax compliance obligations. This can result in overpayment of tax liabilities, as well as interest and penalties if records have not been adequately managed. Excessive assessments often stem from companies maintaining their records primarily for federal income tax, without considering county and state tax requirements. But the definition of property taxes differs from income taxes—resulting in the inclusion of property costs that are not taxable.
Moss Adams’ property tax compliance specialists review recordkeeping and determine value differences due to market conditions or economic or functional obsolescence. Our deep knowledge and strategic approach to managing property tax compliance directly benefits your company’s finances.
Rachel Le Mieux
206-302-6314
Rob O'Neill
503-478-2339
Bob Reynolds
916-503-8138
David Estrada
480-366-8325
Steve Keene
505-830-6206