What if you could manage your company’s property taxes from anywhere, in less time, with fewer errors, and with greater confidence in your work product?

If you’re like most companies, you’d jump at the chance. As the amount of data expands and the number of team members shrinks, lots of tax teams are in search of a property tax management system that can help them do more with less. They’re switching from the limited-functionality legacy solutions they’ve been using for years to newer, more modern solutions that encourage growth and support greater productivity.

Colorado is generally considered a tax-friendly state for businesses. However, business personal property tax seems to be a bone of contention as of late, with a number of bills having been introduced in recent years attempting to ease the burden. Passed in 2017, Senate Bill 267 gave small businesses a break, reducing tax liability for companies with business personal property valued at less than $18,000. (Efforts to reduce it further at the state level, however, have failed.) And in late 2018, Jefferson County voted to eliminate its business personal property tax completely in an effort to retain existing businesses and attract new ones.

By now every business leader has heard about the need to “digitally transform” to stay competitive. But not everyone is so clear as to what a digital transformation means in reality—and they’re even less clear on how to get the job done. Despite the confusion, many executives still name digital transformation a top priority.

Oklahoma is an attractive locale for businesses in a number of industries, with transportation and warehousing, aerospace, and health care leading the pack in recent years. It’s also home to two cities, Tulsa and Oklahoma City, named among the best in the nation for starting a business. Oklahoma’s tax exemptions and low to moderate property tax rate are part of the reason for its appeal. If you do business in the Sooner State, here is what you need to know about Oklahoma’s business personal property tax.

Imagine if your team no longer had to spend hundreds of hours each tax season on data entry. What could they be doing with all that time?

No matter what you were hired specifically to do, as a property tax consultant, your ultimate goal is always the same as that of your clients: to ensure they pay only their fair share of taxes. But some property tax consulting firms deliver more value than others, not because of the type of work they do (advisory, valuation, or compliance) but because they approach the consulting process more strategically, which often translates into better (and more) work.

Consistently ranking high among the 50 states for its business-friendly environment, Georgia is home to many successful Fortune 500 companies, mid-sized corporations, and small businesses alike. If your organization is considering setting up shop in the Peach State, here’s what you need to know about Georgia business personal property tax, which the Georgia Department of Revenue refers to as “tangible personal property.”

In talking with prospective customers, we’ve heard just about every possible way property tax teams try to manage deadlines:

• Excel reports compiling dates
• Personal Outlook calendars

Depending on where your organization operates in the U.S., your team might currently be working to meet an upcoming property tax deadline. However, these days are anything but business-as-usual. The COVID-19 pandemic has spurred a fair number of tax jurisdictions to close in-person offices and limit their hours to keep workers safe. Many are also encouraging businesses to submit filings and payments electronically. (Tweet this!)

There’s a sea change happening in the tax industry: Where the focus was once on compliance, it’s now about value—ensuring fair taxes are being paid, managing tax risk, evaluating the tax consequences of business activities, and more. Underlying this shift to a more strategic tax practice—and enabling it to happen—is a new reliance on tax technology. In this article, we’ll look more closely at what tax technology is, and how it’s changing tax practices for the better.