If you’ve been reading our blog, you already know that the business personal property tax cycle is filled with complexities, whether you’re a business with one location or several. If you have 500 or more locations, keeping up with paperwork, information tracking, and due dates can be downright labyrinthine—never mind having enough time to put a case together for appeals (unless you’re taking advantage of all the tools at your disposal, which we’ll get into later).
For companies of all sizes, handling business personal property taxes can be a beast. Tracking hundreds or thousands of tangible assets is challenging enough; on top of that, there are deadlines (often multiple ones!) to manage, returns to prepare, protest decisions to be made, and bills to pay. And when one cycle is complete, it’s time to turn around and start again.