Are you well-versed on how to report your company’s assets accurately, and forecast a reliable estimate for next year’s tax liability as well? Take a look below at some tips on how property tax professionals in the Lone Star State can best manage their assets for commercial property tax in Texas; and how to prepare for the 2021 budget season.
When it comes to Maryland business personal property tax, consistency is key. Unlike other states, which have multiple local jurisdictions handling personal property administration matters, the assessment of all personal property in the Old Line State lies within the purview of a single state agency: the Department of Assessments & Taxation (SDAT). The reasoning behind this strategy? To “foster the uniform and consistent administration” of business personal property tax, which includes everything from furniture and office equipment to machinery, tools, and any other property not classified as real property.
Finding it a challenge to stay on top of Indiana business personal property tax rules? This article summarizes the essentials of the tax, and highlights new policies you should be aware of for future filing.
When even toothbrush manufacturers now claim to use artificial intelligence (AI) in their products, it’s a sign—not that AI has come so far as to be ubiquitous, but that there’s definite confusion about the meaning of the term.
Business property tax in California has continued to increase in recent years. In fact, in 2017, California had the largest dollar increase in the U.S. in business property tax revenue—$1.5 billion more than the year before. And even though California property tax increases have been fairly predictable for the last few decades, all that may be about to change thanks to the split roll property tax initiative that will unfold in 2020.
Automation is becoming a standard part of business operations—even for small and mid-sized organizations. Gone are the days of doing everything manually. Staying competitive requires more agility, and the ability to focus more on strategic concerns and less on repetitive tasks.
You know the headache of missed deadlines—financial penalties, lost opportunities for lowering your tax burden, and falling further behind on your tax schedule. Accounting due date tracking software can mitigate deadline slippage, but what exactly should it be able to do? Keep reading to see exactly what questions you should seek answers to when looking for the right deadline tracking solution.
Tax practice management software is a staple for most accounting and tax firms. But there is no multi-use tax solution on the market that is designed to deal with the particulars of property taxes, as you’ll learn more about below.
If you’re reading this, chances are your tax team is so caught up in mundane tasks they can’t address higher-value work such as research, planning, and analysis. So strategic tax questions for your organization go unanswered.