Personal property tax compliance
Personal property tax compliance
We raise the bar on compliance services
Gain a trusted business partner you can rely on in times of need. We partner with your internal tax teams in any capacity to meet your immediate needs. Whether it is preparing returns for complex locations or states, classifying the fixed assets to maximize depreciation and exemptions, or reviewing assessments for fairness, we are flexible and quick to respond in critical times of need.
Our experts manage the entire property tax function from compliance strategy to bill payment. With extensive teams on the East and West coasts, we effectively manage the entire function with unmatched communication and management reporting.
Our solutions include:
- Full outsourcing
- Loan staff
OneSource implementation – The Altus team consists of experts who have worked in the system for over 20 years and are active in the OneSource property tax software steering committee. We provide our clients with guidance, hands-on assistance and training related to all facets of the system, and we develop processes to maximize effectiveness.
Best practices implementation and training– Our senior consultants provide outstanding experience, tools and training to ensure that compliance is done strategically to minimize liabilities and reduce the risk of overpaying. Our OneSource experts provide tailored training to tackle the nuances of the system that generate efficiency and reduce the risk of error and oversight.
“Altus Group has been a great partner to us and has set the bar high in terms of customer service, attention to detail, and responsiveness. Their wide variety of services and easy-to-use software platform allowed us to efficiently manage and outsource multiple tasks to a single source. Most importantly, they demonstrated an ability to adjust their offerings to accommodate the dynamic needs of our organization as it emerged and through its continued evolvement, allowing us to focus on our business. We consider Altus a trusted extension of our team, not just a service provider.”
The key to effectively managing a portfolio is a thorough and accurate calendar and reporting that provides management with a high-level overview and the ability to drill down into the details of fluctuations in values and tax. Tailored management reporting can provide the key performance and financial metrics needed and confidence that the entire function is effectively managed.
A solid assessment and bill retrieval and review process is critical to eliminating risk of missed appeal opportunities, overpayments, penalties, and interest. A detailed review and diligence in challenging excessive assessments results in significant savings for our clients every year.
Our team has extensive experience with tax projections and accruals. We appreciate the importance of accurate expense forecasting and preventing unexpected liabilities and are highly skilled in identifying possible areas of overassessment, double taxation and exemptions. The compliance engagement team partners with experienced consultants to identify opportunities and secure tax reductions. Learn about our personal property consulting services.
Here’s how we help:
- Tax calendars and management reporting
- Assessment and tax bill review and payment
- Tax projection and budgeting
- Tax reduction strategies
“Altus Group is, by far, the most effective Property Tax consulting company I have ever worked with. Their responsiveness and expertise has allowed the Tax Department to focus on cost savings strategies, rather than being mired down in the compliance process.”
Real property tax
Improve your real estate’s bottom line with technology-enabled real estate property tax services combined with national and local coverage.
Personal property tax for commercial real estate
Make informed decisions with our tax data and thorough analysis of your properties to uncover unique situations that can impact your assessment.
Contact a qualified professional
Our multi-disciplinary team of professionals brings a wealth of industry experience and unparalleled data-driven insights, providing the clarity you need to make informed decisions.
5 Myths vs. Facts: reporting inventory on your personal property tax return
Apr 27, 2020
Do you handle market value, supplies versus inventory, and annual reporting correctly?
Need help with more services?
Connect with us and learn how we can help you see opportunities and maximize the value of your investments.
Minimize the risk of a costly unclaimed property audit. Reduce exposure and effectively manage the unclaimed property compliance requirements in all states, U.S. territories, and Canadian provinces.
Physical asset management
Understand the current state of your facilities and their maintenance practices so you can make asset and operation decisions.
Cost estimating & pro formas
Set realistic budget and development scenario expectations and maintain them.
Minimize risk and enhance control measures on infrastructure projects with impartial expert advice.
Project & loan monitoring
Get peace of mind with accurate reporting on construction progress and cash flow from an independent project monitor.
Reduce project risks and construction costs with sound procurement, contract and dispute resolution strategies.
Keep decision makers informed with insights and data from experienced development consultants.
Recover overpaid taxes, reduce tax liabilities and minimize future exposure by working with our sales and use tax experts