Tips

As businesses begin crafting budgets for next year, many companies struggle with accurately budgeting for property taxes.

No one wants to pay more in taxes than they should. Nevertheless, when it comes time for businesses to pay their property taxes, they often do, unknowingly, give more than they must.

Franchise owners plan for their business and personal income taxes. But many franchisees may pay just as much if not more in property taxes. Business property tax planning for franchise owners ensures you don’t pay more than you owe in real estate or business personal property tax. 

No one wants to deal with an audit, but odds are if you own a business in a state that collects business personal property taxes, you’ll face an audit at some point.

As we continue to deal with the fallout from a global pandemic, this has been a difficult time for all businesses. Stay at home orders throughout the country have helped flatten the curve and prevent over-crowding at hospitals; however, they have taken their toll on companies in every industry.

Business property taxes can be a significant expense for breweries — especially new breweries. Whether a brewery has been in business for years or is just starting, finding brewery property tax savings can help your bottom line. 

Cars and automobiles have a special place in the life and economy of our nation. As children, we look forward to the day when we can finally experience the independence afforded by a personal automobile. For adults, vehicles represent our ability to drive to the places we work and live.

Business owners, you’re about to get a piece of mail you shouldn’t ignore. Mixed in with credit card offers and other junk, you’ll find your property tax bill. Decoding property tax bills for businesses can be complicated, so get ready. 

No one wants to pay a penny more in taxes than required. The good news for business owners is that they can start saving money with an asset review. 

Fast Food restaurants are one of the most important industries in our country. On any given day you can see long lines forming in drive-thru lanes at multiple fast food locations throughout a single town.