From complying with multi-jurisdictional tax filings and renditions to reviewing assessments and filing appeals, managing the property tax function can be complex, time consuming, and labor intensive. Property tax assessments can fluctuate year to year and be highly subjective, so it is imperative to ensure assessments are reviewed on an annual basis.
From real property to business personal property, Weaver’s property tax professionals can help manage this process through ensuring compliance and minimizing tax liabilities, leaving you free to focus on the needs of your business.
Our property tax services include:
Business Personal Property
States vary in their treatment of business personal property, and there are nuances to each state’s requirements. Weaver can help streamline and simplify your company’s reporting processes to improve accuracy, identify areas for potential cost savings and assist with appeals when the accuracy of valuations are in question.
Multistate Rendition Outsourced Compliance Services
- Comprehensive filing obligation analysis
- Asset classification and valuation
- Exemption identification (i.e. freeport, pollution control)
- Tax bill and notice administration
- Budgeting and accrual analysis
Complex Industrial Services
- Asset capitalization review
- Obsolescence and valuation analysis
- Underutilized/idle asset identification
- Nontaxable costs identification
- Appeal and protest valuations
- Litigation support
- Audit defense and management
- Pre-acquisition due diligence
- Post transaction process improvement implementation
With assessors looking to increase values, it is important to closely monitor real property values and ensure assessments accurately reflect the current market. Weaver has the tools, knowledge and experience to keep your commercial real estate assessments in check.
- Appeal and protest services
- Real property valuation and assessment
- Tax bill and notice reconciliation
- Tax minimization
We have focused knowledge in these areas:
- Industrial complex properties (manufacturing facilities & refineries)
- Centralized assets – multi-jurisdictional asset footprints
(telecommunications, utilities, pipelines, and more)
- Mineral royalty properties
- Multi-tenet housing and commercial office buildings
- High-volume asset reporting footprint in such industries as banks, convenience and grocery stores, fast food/casual dining restaurants, urgent care facilities, and storage facilities