Business Personal Property Tax Differentiators

Proactive. Customized. Results-driven.

Invoke Tax Partners has developed in-depth operational practices that are key differentiators to provide immediate increases in business personal property (BPP) tax savings for manufacturers and many other industries. Our approach to consulting and return preparation is to work proactively, allowing us to secure maximum savings from all angles.

Our four key differentiators not only separate us from our competitors from a business personal property tax consulting perspective, they also set the standard for the kind of results-oriented services our clients and prospects have grown to expect nationwide. A strategy that both maximizes business personal property tax returns and mitigates outstanding liabilities, our proactive approach is tailored to each of our clients and results in both retroactive and future property tax savings.

Our Key Differentiators

  • Site Inspections with Local Personnel Image
  • Site Inspections with Local Personnel

    When warranted, our business personal property tax consultants conduct site inspections and meet with local plant personnel to identify various valuation issues. These inspections result in the discovery of overpayments and missed savings that are immediately rectified, resulting in proactive savings for future tax years.

    Potentially Uncovered Tax Savings Include: Idled Assets, Non-Taxable Assets, Intangibles, and Inventory Valuation Adjustments

  • Proactively Embed Tax Savings into Rendition Filings Image
  • Proactively Embed Tax Savings into Rendition Filings

    Nationwide, jurisdictions are more likely to accept business personal property rendition adjustments before assessments have been finalized, so this approach tends to be less reactive and more effective than that of most other providers, and has begun to set the standard for rendition filings in business personal property tax compliance as a whole.

  • Fixed Asset Inventory and Valuation Services Image
  • Fixed Asset Inventory and Valuation Services

    Fixed Asset Inventory projects identify “ghost assets” not physically onsite as of the assessment date, and therefore, not taxable. We amend renditions to obtain refunds for overpayment in previous years, providing clients with retroactive savings, and utilize updated inventory lists for future business personal property tax savings.

  • Functional and Economic Obsolescence Image
  • Functional and Economic Obsolescence

    In most states, statutory deprecation tables do not take into consideration functional and/or economic obsolescence. We complete valuation analysis to quantify obsolescence and incorporate adjustments proactively into business personal property renditions.