JM Tax Advocates Is Pleased to Announce That We Will Be Participating in the Following CPA Society Virtual Conferences
June 3 (8:30 AM-12:30 AM) – Connecticut Society of CPAs – (Q&A around 12-12:30 PM)
June 10 (8:30 AM-12:30 AM) – Kentucky Society of CPAs – (Q&A around 12-12:30 PM)
June 16 (8:30 AM-12:30 AM) – Virginia Society of CPAs – (Q&A around 12-12:30 PM)
June 17 (12:30 PM- 4:30 PM) – Texas Society of CPAs – (Q&A around 1-1:30 PM)
June 22 (8:30 AM-12:30 AM) – Ohio Society of CPAs – (Q&A around 12-12:30 PM)
June 24 (8:30 AM-12:30 AM) – Missouri Society of CPAs – (Q&A around 12-12:30 PM)
June 29 (8:30 AM-12:30 AM) – Minnesota Society of CPAs – (Q&A around 12-12:30 PM)
Presentation – Property Tax Management Strategies & COVID Property Tax Relief Planning
Presentation Synopsis
During the COVID-related recession, there have been some companies particularly impacted through declining revenue, utilization, occupancy, and rising costs of doing business. State and local government has also seen rising costs in many areas that are likely to be passed on to business property taxpayers in the form of tax levy increases and rising tax rates that will impact heavy capital dependent businesses the most starting with next year’s taxes.
Real and personal property taxes typically represent a significant holding cost to commercial and industrial property owners. Rising property tax rates and inflated 2021-year assessments may create unpredictability and unique planning opportunities for business property taxes. Whether your clients own real estate, including manufacturing, senior care, or hotel property, a historic opportunity may exist to plan for property tax relief this year.
Key Learning Objectives
- Best practices for managing your company property taxes
- Improving your company’s property tax investigation process
- Insight in to overall profitability through lower property taxes
