BUSINESS PERSONAL PROPERTY SERVICES

WE ARE IN IT FOR THE

LONG HAUL

 

BUSINESS PERSONAL PROPERTY

 

ITC uses all data to ensure that your Business Personal Property,  also called, BPP,  is properly reported and accounted for. Furthermore, we ensure that underutilized property is recognized, and that disposed of property  is excluded.

 

BPP is defined as, "items that can be owned but are not attached to the land"; property that is used to produce income. Business Personal Property is any property you own that is used for business purposes.

 

In many cases, the standard depreciation schedules for machinery and equipment do not account for heavy use in the field, for example, or for extended use over multiple plant shifts.

 

ITC will fight to be sure that your BPP values properly account for all applicable types of obsolescence.

BUSINESS PERSONAL PROPERTY (BPP) TAX SERVICES:

 

  • Multi-state BPP Rendition Compliance Filings
  • Annual Property Tax Assessment Review
  • Determination of Nontaxable Costs
  • Identification of Underutilized Assets
  • Income Analysis
  • Economic / Functional Life and Residual Valuation
  • Obsolescence Analysis
  • Construction Cost Studies
  • Tax Planning and Research
  • Property Tax Audit Management
  • Strategic Property Tax Valuation and ARB Appeal Services
  • Property Tax Forecasting and Future Planning

 

1-866-TAX-1139