Property Tax Reduction Blog

Why is a cost segregation study (CSS) considered a good idea to reduce property taxes?

why cost segregation to reduce property tax

Many companies during the pandemic have not been involved in buying equipment in the past year and have stepped into conserving cash. The upside is that the chances for companies to claim the same depreciation tax deductions as they have been during the previous years are very few. However, a cost segregation study can help … Read more

Home improvements and their effect on property taxes

Home improvements and their effect on property taxes

Most homeowners have the question, “Do I get a tax break on the money I’ve spent?” on their minds when they are fixing up their homes. The answer differs based on the kind of improvements and how well the expenses incurred are tracked. In most cases, the money that is spent on the capital improvements … Read more

Texans, did you know? Your upcoming property tax bills could be lower!

Texans, your upcoming property tax bills could be lower

Yes, you read it right! Texans can expect to see a lower tax bill in 2022. This could be the result of the tough political climate. According to Senator Paul Bettencourt, the value of a house that is around $300,000 will be able to save around $200 in 2022, according to Bettencourt’s office, no matter … Read more

Top five mistakes property taxpayers should avoid

top five mistakes property taxpayers should avoid

Companies that operate in the United States or companies that have tangible business personal property in the state must pay annual property tax returns. These returns include listing the year the BPP was acquired and the first cost of the asset. Many people are not aware of the fact that taxes on business assets are … Read more

Cost Segregation – Reduce taxes & increase cash flow!

Cost Segregation Reduce taxes & increase cash flow

Are you looking for new strategies to increase cash flow for your medical facility, then this is the best time to opt for a cost segregation study. If you are planning to construct a new medical facility or purchase an existing building then cost segregation will help you reduce your income tax liabilities and also … Read more