Act Now to Maximize Your Business Property Tax Savings in Texas
Nick Hunter Vice President 312.493.3691 nick.hunter@ryan.com
Teresa Sharp Principal 832.492.0620 teresa.sharp@ryan.com
Scott Tyler Director 813.927.5472 scott.tyler@ryan.com
With property tax appeal deadlines rapidly approaching in Texas, it is imperative that property owners who possess substantial business personal property take immediate action upon receiving assessment notices from county officials. Beginning April 15, property owners throughout the state will be filing their personal property rendition forms, and in late May and early June, they will be receiving their assessments. For those taxpayers with business personal property and inventory spread across multiple locations in Texas, it is critical to ensure the value of these assets aligns accurately with the current market value given the tight 30-day timeframe for filing appeals.
Ryan’s business personal property subject matter experts have developed a highly effective approach that has yielded remarkable results for companies. By leveraging this strategy, businesses have experienced personal property tax reductions ranging from 15 to 35% in their annual tax liability. Do not delay any longer. Our expertise could potentially help you reduce your annual personal property taxes by thousands in 2024.
Learn more about our services and how we can help maximize your tax savings.