Business Personal Property Tax Audit
Business Personal Property Tax audits are a very specific type of tax audit that help companies recover lost dollars associated with tax exemptions. These personal property tax exemptions depend on the state and include: office equipment, machinery, tools, medical equipment, and other related items that have value.
Discover Our Process
Our Process
We work directly with our client’s tax team to make sure we have a streamlined, non-burdensome process. Our goal is to provide a service that requires the least amount of time from our clients but produced the maximum return.
Documentation is easily produced and resembles required documentation for tax processing.
Process Steps
We will generate standard reporting based on client-specific directives, providing updates of recovery audit status and key indicators as agreed upon during the initial Preliminary Audit meeting.
Our proprietary web-based Claims Approval System will be utilized throughout the Accounts Payable recovery audit engagement to monitor and track claim production.
Audit Conclusion & Refund
At the end of this process, we will delineate to our client potential areas of savings and how to manage this process going forward. We will then present a strategy for claiming the uncovered benefits and will work with our partner throughout the process.
We work on a contingency fee and only get paid when our clients save money.