Property taxes are applied ad valorem, meaning based on the assessed value of the property. To assure the reasonableness of property tax basis, it is vital to work with independent professionals who have the right experience and skillset to assist every step of the way.
We are experts in identifying problems and solving them. We have been called upon by our clients to solve complicated federal, state, and local tax issues and assist with their financial processes.
Property Tax Services
The real property, personal property, and business valuation professionals at Marshall & Stevens provide independent opinions of value for property tax reporting and dispute.
Our team of full-time professionals have experience with the valuation of assets and enterprises in a great variety of industries including agriculture, automotive, data center, energy generation and distribution, food and beverage, healthcare, hospitality and gaming, manufacturing and distribution, office, retail, self-storage, technology, and vacant land.
The scope of work for ad valorem/property tax assignments includes, as required:
- site inspections
- listing and valuing assets including identifying ghost assets
- reviewing assessments made by taxing jurisdiction
- researching relevant market information
- performing valuation analysis pursuant to relevant regulatory standards
- preparing and presenting reports for appeal considerations
- providing expert witness and other litigation support services for formal appeals.
