Industrial property taxpayers may have a variety of concerns beyond meeting deadlines. Here are the 7 most important ones, and their solutions, brought to you by ITC’s team of experts.
Mark Dzeda, Founder and CEO on #1: TAX RATES.
“Obviously, the higher the tax rate, the higher the tax burden. Which clearly impacts profitability.
So the first order of the day is to look and find ways to lower that rate. We have 20 years of experience searching in places nobody may have looked before.”
Stephen Shaw, Director of Property Tax on #2: FAIR ASSESSMENT.
“How do you make sure you’re not paying more than your fair share of taxes? Has your property been overvalued? Are there unused assets? We can make sure that the assessment process is not
only objective but we also find ways to keep the value of your property at a level advantageous to you.”
Dawn Walior, Senior Property Manager on #3: COMPLIANCE.
"It is up to us to worry about meeting all the requirements down to the last detail because non-compliance can result in penalties, even interest payments. When we stay on top, your bottom line improves.”
Rodger Kret, Managing Property Tax Consultant on #4: PROPERTY VALUES.
“Fluctuations in property values obviously impact your tax bills. We strive to keep them realistic and in check, whether values go up or down. Our ultimate aim is to allay your concerns about paying the correct amount of taxes and not a penny more than you have to.”
Whit Anderson, Property Tax Manager on #5: COMPETITIVENESS.
“You may wonder what your competition has to do with your tax burden! Look at it this way. If your competitor pays less in taxes than you, it may put you at a disadvantage. But rest assured. You can get it back by hiring us.”
Clay Fowler, Oil & Gas Property Manager on #6: TAX INCENTIVES.
“You know they exist, but how do you know you’re taking advantage of all the ones you’re entitled to?! There are numerous applicable tax credits and tax abatements. Can you name all of them? And how do you know which ones you qualify for? That’s where we come in. We know exactly which ones can reduce your tax liabilities. And we wont stop until we achieve them.”
Kyle Hanson, Senior Tax Consultant on #7: TRANSPARENCY.
“If you find the assessment and collection process confusing, or at best opaque, we can’t blame you.
You have a right to know what happens to your tax dollars and why and how the system is being
managed. We at ITC will provide that transparency so that you understand every tax-saving move we make.”
While 7 may be your lucky number in reducing your property tax liabilities as outlined above, what’s even more significant is ITC’s 20 years’ of success in doing it.