Minimizing Your Business Property Tax Bills

Outline

1. Real And Business Personal Property Valuations, In Theory And Practice
   1. TICM: Pros and cons
   2. Income approach: Pros and cons
   3. Sales comparison approach: Pros and cons
   4. Uniformity and equitable assessment
   5. How assessors are likely to react in each of these areas
   6. Tactics for tax pros to bolster their case
2. Assessment Procedures
   1. Creating a checklist of to-do items
   2. Taxable value limitation measures
   3. Exemptions and special assessments
   4. Dealing with the assessor before the tax roll is finalized
   5. Knowing how far to push your case
   6. Researching how assessors behave in that jurisdiction
      1. Comparing how the same jurisdiction has treated different businesses
   7. Valuable Internet resources of data
   8. Tactics for tax pros to improve their processes
3. Appeal Procedures
   1. Payments under protest
   2. Dealing with appeal deadlines
   3. Handling the specificity of an appeal complaint
   4. Trying to choose a forum (administrative vs. judicial)
      1. Various factors to consider
   5. Tactics for tax pros to fine-tune their strategy

Benefits

The panel will help you with:

• Developing an overall strategy for fighting property tax assessments before administrative and judicial review panels
• Establishing top management support for the appeal
• Determining whether to go to court — and how to prepare the case
• Selecting the right attorneys, property appraisers, consultants and expert witnesses
• Creating a thorough, airtight property appraisal report

Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.