Calculating business property taxes can be a tedious, irritating part of accounting for your company. You have better, more important tasks, so you may be tempted to try to get it out of your hair as quickly as possible. Business owners and managers, as well as most accounting firms, often focus on federal and state income tax but spend very little time on property taxes. If you, or your CPA’s, are not paying close attention to your business property taxes, you could be paying entirely too much.
In this article, we want to help business owners and managers understand what you need to know about property taxes and how to avoid paying more than your fair share.