Industrial Tax Consulting
ITC offers complete property tax solutions and consulting services for a variety of industries. These services encompass everything your company may need. It can have ITC work for you in an advisory capacity or, for example, make sure you’re in compliance at all times.
We are Texas-based property tax consultants with offices in Austin, Houston, Dallas, Denver and the Permian Basin, providing customized industrial property tax solutions in 48 states.
Industrial Tax Consulting's Nationwide Services
Multistate Property Tax Compliance Services
- Strategic Planning for Proactive Tax Savings
- Annual Rendition Preparation and Filing
- Tax Exemption Filing
- Beginning to End Review of Tax Statements
- Ensure Corrections and Refunds Are Processed
Personal Property Consulting Services
- Situs and Taxability Determination
- Personal Property and Real Property Segregation • Economic, Functional, and Residual Life Analysis • Underutilized Asset Identification
- Construction Cost Analysis
- Income Analysis
- Property Tax Exemption Evaluation
- Incentive and Abatement Negotiation
- Litigation Representation
“Along with years of experience and expertise consulting on all matters related to property value, Mark and his staff of consultants provide a level of comfort for their client that is second to none. Industrial Tax Consulting previously provided guidance on valuation and inventory which netted GE significant savings.”
“I can vouch for (ITC’s) expertise with property and equipment. I saw firsthand what they did to significantly reduce Oceaneering’s property tax liability, in some locations by over 50% from the proposed notice of value. In conclusion, I strongly recommend ITC.”
Industrial Tax Consulting's PTO Program
With Industrial Tax Consulting as your tax partner for customized property tax solutions honed to perfection after years of experience, you shouldn’t be surprised that the success stories keep adding up.Each industry has its own and different set of rules, regulations, obligations and compliance deadlines.
ITC is familiar with all of them, putting together teams of experts in any given field to match expertise with a client’s needs.
Even factors seemingly unrelated to property taxes, such as inventory, may lead to a reduction in property taxes. Which is very reassuring to any of our clients who need to rely on our advice in order to achieve the desired tax savings.
To find out more details:
Headcount reductions left one client without proper staffing to ensure returns were prepared, assessments were reviewed, and tax bills were paid timely. The client was faced with outsourcing the entire department or trying to find alternative solutions.
Approach and Solution
ITC (Industrial Tax Consulting) and the client mutually designed a customized co-sourcing option, enabling the client to retain key resources and shift nonessential tasks, such as mail handling, printing, collating, and mailing returns, to our managed services team.
This approach allowed the client to leverage their knowledge and expertise within their industry, company and team with our resources to perform data-entry functions, all while maintaining transparency and visibility into the entire process.