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Strategies to Reduce Manufacturer Personal Property Taxes

We find that many manufacturers and distributors are overpaying on their personal property taxes. In fact, if the general fixed assets ledger is used to file personal property taxes, there’s a 99 percent chance you are overpaying on personal property taxes. Let’s explore ideas and strategies to reduce your personal property tax bill. Reduce Personal Property Taxes: Nine Strategies How a manufacturer or distributor reports personal property assets at the local level (i.e. city, county, state) differs as to how personal property is treated for income tax purposes at the federal level. The guidelines around what is taxable or not. Read More.

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