Episode 26

full
Published on:

15th Jul 2021

Business personal property tax

In a mini-series about transaction taxes, Stacey Roberts and Connie Zoerink, from TaxOps’ SALTovation Team, talk about business personal property tax and share what taxpayers should consider and remember about this tax.

 


What You Will Discover:


  • [00:45] What is business personal property tax


  • [01:46] Assessment dates based on county


  • [02:12] If lease property counts


  • [02:43] Disclosure options


  • [04:12] Deadline for reporting

 


Quotables:


  • “I think something that I’ve seen over time that might trip up taxpayers is the fact that there are certain locations or jurisdictions where inventory is reportable, and I think that can be surprising.” - Stacey Roberts [03:49]


  • “Due dates are all over the board unfortunately for taxpayers, so you kind of have to be on top of all of that, but typically they’re anywhere from March to May timeframe.” - Connie Zoerink [04:20]


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Production Support

This episode was produced with support from Truth Work Media. www.truthworkmedia.com

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About the Podcast

SALTovation: Navigating the Complexities of State and Local Tax by Aprio
A State and Local Tax Podcast by Aprio
Over 1,000 business taxpayers nationwide, and globally, have trusted us to
manage their state and local tax (SALT) obligations. Our innovative SALTovation
team is revolutionizing how companies approach SALT by looking at tax from the
inside out. We know how SALT works, what it takes to maintain compliance, and
how to seize opportunities. With Aprio’s SALTovation team, you gain access to
industry-leading strategies and specialists who can guide businesses and
practitioners on the best path forward, whether you’re proactively addressing
potential issues or getting back on track. Discover how SALTovation can help you
stay ahead and thrive.