"Accurate Business Property Tax filings start with a clear understanding of what constitutes Personal Property. While tangible items like desks, computers, and heavy machinery are subject to tax, intangible assets are not. O’Connor’s Business Personal Property Tax 101 guide highlights the importance of identifying Personal Tangible Property correctly to avoid over-assessment. Many businesses inadvertently report bundled costs that include non-taxable fees like training or software licenses. O’Connor’s Tax Reduction Experts help owners review their depreciation schedules and asset descriptions to ensure compliance and fairness. By applying market-based valuation methods instead of just standard depreciation tables, businesses can better manage their Personal Property Tax liabilities. This guide offers the foundational knowledge needed to approach property tax season with confidence and precision.
O’Connor’s Tax Reduction Experts assist with Business Personal Property Tax, Personal Property Tax, and Personal T