Manufacturing

Property Tax Relief

JM Tax leverages significant national experience with reducing real and personal property taxes for manufacturers and automotive clients.

automotive property tax relief

JM Tax leverages significant national experience with reducing real and personal property taxes for industrial manufacturing, automotive, and warehousing clients.

JMTA has been an instrumental part of the property taxes for the single largest investment in the history of the company. Their expertise, demeanor, and attitude are above reproach.

Mike McCrary

Property Tax Manager, Nestle US

Property Tax Relief for Manufacturers

For a manufacturing or automotive business, property taxes are likely your first or second largest tax burden. Unfortunately, because these property types provide unique, complicated valuation challenges for many state and local property tax assessors, chances are, they are excessive and inaccurate. In fact, we have seen that as much as 80% of manufacturer property tax assessments are inflated and should be challenged by an experienced tax advocate.

Leveraging our team of industry specialists to minimize your manufacturing property taxes during our property tax reviews and annual compliance process and to deliver maximum value incentive benefits, you can rest assured that you are getting the maximum savings in the shortest time possible. Engaging JM Tax Advocates will help enhance your business cash flow and free up your time so that you can do what you do best – running your business!

Property Tax Review, Reduction, & Compliance for Manufacturers

Year after year, manufacturers count on JM Tax Advocates to deliver millions $$$ in savings through our property tax reduction review, annual property tax compliance assistance, and maximum level economic incentive procurement advocacy. After engaging our team,  manufacturing and warehousing owners and operators can typically enjoy lower tax levels by as much as 10% – 50%. 

Some recent examples of achieved ad valorem tax reductions are:

  • Food manufacturer’s property taxes reduced by $20 million via personal property tax compliance planning, audit defense, real property tax appeals, and incentive procurement strategies.
  • The overall property tax burden of an international automotive manufacturer’s property taxes was reduced by $7.1 million while assisting with property tax compliance planning, real property tax appeals, and incentive procurement strategies.
  • A meat processor’s real estate taxes were lowered by $240,000.
  • Personal property tax filings of heavy industrial manufacturer were modified which secured a $1 million annual, perpetuating savings opportunity.
  • Assessments of a major food ingredients manufacturer were lowered and as a result, the company realized an economic benefit of $1.7 million along with ongoing, annual savings of $400,000.

Learn more about how we can help manufacturers qualify for COVID property tax relief

We also help internationally-owned manufacturers achieve property tax reductions and economic incentives. 

Engaging our team will be a step in the right direction towards your road to success and profitability! Contact us today to start your annual savings plan!

Property Tax Review for Manufacturers

If you’ve seen a property tax bill recently for your business, you might have wondered if your taxes are too high. Well, your business sense is right on point. 80% of the time, our clients’ bills are incorrect.

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How JM Tax Advocates Can Help

We are here to handle the appeals process and negotiate a tax bill that makes sense. We can take the whole project over on a contingency fee basis – and chances are, we’ll come back with significant savings for your company!

The key for a successful result is to plan diligence and uncover any overages prior to annual return amendment or real property tax appeal deadlines.

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View the recording of our recent Property Tax Burden webinar.

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