Methodology

To create a responsive, economical tax program for your company, Commercial Tax Network will select and pursue a course from the following steps:

• Conduct personal, on-site inspection of your physical facilities.


• Determine from public records the appraisal method and data employed by the local taxing authority in assessing your property.


• Analyze your company's financial and appraisal records to discover possible multiple assessments.


• Examine appraisal methods ensuring you are receiving maximum depreciation advantages.


• Determine assessments on comparable properties for application of equal and fair standards by taxing authorities.


• Create appeal summaries for presentation to assessing authorities based on reasonable calculation of market, cost and income basis for values, and comparable assessments.


• Inspect properties for economic and physical obsolescence.


• Examine inventory values for maximum allowable credits.


• Prepare, sign and file personal property and/or real estate tax returns on your behalf.


• Conduct active, personal negotiation of values with local tax assessing authorities.


• Appeal unfair valuations and make personal presentations of data to Review Boards.


• Recommend legal counsel to appeal unfair evaluations when warranted.


• Secure proper tax statements, audit according to the approved program and authorize for payment.


• Analyze and report major changes in tax liabilities of individual properties.


• Assist you in estimating taxes on proposed new properties upon request.


• Provide estimates of all taxes for accrual purposes.


• Prepare annual reports comparing the current year's tax assessments with prior years, documenting your tax savings and projecting recommendations for future years.