CHALLENGE
Property taxes typically account for the highest percentage of a company’s total tax burden, directly affecting a company’s bottom line and overall profitability Is your company paying only its fair share? Are you taking property taxes into account when making business decisions?

Personal property taxes are imposed in 39 states. Unfortunately, the taxability and assessment of property varies from one jurisdiction to another, creating a compliance burden due to the thousands of local filing deadlines throughout the tax season. Do you know where all your assets are? Do you know in which jurisdictions and when you are required to file? Do you know which asset costs are reportable on each rendition? Is your property classified accurately? Are you current on all the statutory framework?

Real property is taxable in every state. When companies receive their assessment notices throughout the year they usually do not have the resources to determine whether the assessment placed on the property is an accurate measure of the market value. Is your property uniformly assessed? Do you know the recent sales data in your market? Do you know your appeal deadlines?
Subsequent to rendition filings, assessment notice reviews, and appeals, tax bills are due and payable. Payment due dates vary throughout the country. If payments are missed, property can be placed for tax sale. Have you received all your tax bills? Do you know when your bills are due? Do your budgets reflect the appropriate tax year paid since most bills are payable in arrears?

SOLUTION
True Partners provides property tax services using a proprietary, field-tested process that includes all areas of an engagement, beginning with data acquisition and analysis, tax reporting, assessment monitoring, assessment appeals, tax payment, audit defense, and management reporting. Working in partnership with our clients, we provide the following services:

•  Strategic Planning
    -  Process and systems review
    -  Tax exemption studies and planning
    -  Audit defense strategies
    -  Abatement procurement and implementation

•  Compliance
    -  Fixed asset analysis
    -  Tax calendar development and maintenance
    -  Return preparation and filing
    -  Assessment review and analysis
    -  Tax bill tracking and payment
    -  Property tax accruals

•  Consulting
    -  Obsolescence studies
    -  Real and personal property assessment appeals
    -  Audit representation and consultation
    -  Software implementation

THE TRUE PARTNERS TEAM
Our team of property tax professionals offers more than 50 years of compliance and consulting experience, most of it gained at Big Four and Fortune 500 companies. We’re committed to serving as your advocate, providing Big Four expertise without Sarbanes-Oxley-related conflicts. Key members of the team include:

James H. Kane , ESQ Managing Director
312 235 3307 | This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Dorothy M. Radicevich Managing Director
312 235 3322 | This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Hector H. Camacho Senior Manager
312 235 3334 | This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

David G. Ryan Senior Manager
312 235 3336 | This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Steve M. Kaye Manager
312 235 3335 | This e-mail address is being protected from spam bots, you need JavaScript enabled to view it