5 Myths vs. Facts: reporting inventory on your personal property tax return
It’s more than just a number off your Balance Sheet…or is it less?
Inventory valuation is often the driver of personal property tax liability for companies in a variety of industries. The filing instructions are deceptively simple and can lead to taxable values being overstated.
Here are 5 Fact vs. Myths to help ensure you’re not paying more than your fair share of property taxes.