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Business personal property tax

Tax strategies that maximize savings and minimize risks.

Manufacturing Business Personal Property Tax
Business Personal Property Tax
Business Personal Property Tax

Business personal property tax

Modern’s industry-leading Business Personal Tax Service ensures you never miss a property tax savings opportunity. Our tax experts help clients across the country improve compliance and achieve tax savings, returning both time and money to our clients for them to allocate to other areas of their business.

Modern Tax Group is invested in developing comprehensive, custom solutions for every client. Our diverse experience enables us to analyze your liabilities in the context of your industry’s unique nuances and circumstances. Your needs guide our process, which produces consistent, repeatable results – we exceed expectations time and time again.

THE MODERN BUSINESS PERSONAL PROPERTY TAX APPROACH:

Fair Market Value Study

Modern Tax Group performs a Fair Market Value analysis of the Fixed Assets and taxable Inventory of every client annually. Producing the most thorough studies in the industry, we leverage all factors that contribute to a positive outcome of the taxable value of your company’s Business Personal Property.

1

Compliance

While we're known for our average annual tax savings of 38%, it’s actually our compliance function that we deem to be most valuable to clients. While our valuation group enhances our clients' bottom-line performance at triple the industry average, avoiding penalty and interest is the easiest way a company can save money. Never miss a rendition, exemption, or tax bill deadline again. It’s time to eliminate the time consuming, protracted interaction with assessors and collectors and streamline your tax year with the industry’s most robust compliance offering.

2

Appeals Management

Substantiated by our proprietary Fair Market Value Study, Modern Tax Group analyzes every assessment for further reduction. In the event that an equitable outcome cannot be pre-negotiated with an assessor, Modern Tax Group will appeal a client’s Business Personal Property assessment, managing the appeal through every phase of negotiation: informal, formal, Appraisal Review Boards, and ultimately litigation when deemed necessary by both the client and MTG.

3

Reporting

Improve the interaction across Tax, Finance, and Accounting with accurate, timely reporting. Whether we’re providing you with one of our robust accruals or alerting you to early payment discounts, we’ll make sure you have the visibility you need to manage your business holistically.

4

Audit Support

While some states audit sporadically, others such as California, Tennessee, and North Carolina have state-mandated audit cycles. In the event of an audit, Modern Tax Group provides resolution support, fulfills documentation requests, and addresses discrepancies as needed to meet audit requirements. We’ll oversee the audit process to minimize exposure – and even identify refund opportunities.

5

Our clients success

Improving bottom-line performance.

Modern’s proprietary method produces significant, repeatable property tax savings year after year. Our focus on performance keeps you moving forward, and our success is measured by real dollars added to your bottom line. Our innovative approach to tax strategy enables us to lead the industry in finding hidden value.

Our tax experts are skilled in serving the distinct needs of a multitude of industries, including:

  • Agriculture
  • Food & Beverage
  • Healthcare
  • Manufacturing
  • Oil & Gas
  • Retail
  • Transportation
  • and more

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