Our Services

THE TAX APPEAL PROCESS IS MADE

SIMPLE.

Understanding property tax assessments and making sure you pay the least possible amount is our top priority.

The tax appeal process is easy and worry-free for our client because we handle it all. Utilizing software created for ad valorem property taxes, we are able to handle the tax appeal process from the time you receive your assessment notice, through the appeal process, and through settlement with the county or with representation at your jurisdictions board hearings if necessary.

Pinnacle Tax Pros is able to represent tax payers at hearings with appraisers designated by the American Society of Appraisers, each of which have an in-depth knowledge of your property, the inherent characteristics that affect its value, and the market place.

This expertise continuously optimizes savings on our client’s behalf. Period.

Rendition Preparation

Using Pinnacle to prepare and file your tax returns allows your company to have a more accurate filing. We have customized software which allows us to prepare and file your return. Not only can we relieve you of the pressures that come with filing, but we have exclusive access to the market derived depreciation which allows us to file market value directly on your return. This results in about an average of a 30% difference from the county’s value.

Compliance

Personal Property Tax compliance is a time-consuming and often overwhelming task. Compliance, in a “nut shell,” is a tax payer filing and paying their taxes to their taxing jurisdiction in a timely fashion while following the regulations put into place by the jurisdiction. Failing to pay your taxes on time can be devastating to your company and your tax burden can be impacted by several circumstances including changes to tax laws. The rules for what is considered taxable can be different depending on the taxing jurisdiction. To best protect your bottom-line, it is critical to have a good understanding of these possible circumstances.

Asset Depreciation Analysis

Pinnacle has exclusive access to market derived depreciation schedules which take into account all forms of obsolescence. The county’s depreciation schedules take into account only physical deterioration applying a depreciation percentage to your cost by year. There are several other characteristics besides just physical condition and age which result in a loss in value to your assets. Pinnacle takes things a step further by considering functional and economic obsolescence rendering a value indicative of what each asset is worth in the market.

Audit Analysis and Defense

Pinnacle is able to aid your company in managing your audits while also safeguarding the accuracy of your results. Some states may perform audits by policy or regulation which can be overwhelming, costly and can be time-consuming.

Asset Purging

It is very common for a company to leave assets which have truly been either moved or disposed of on their books. This can greatly impact your tax burden as you will continue to pay taxes based off of the original cost of these items as if they were still there and fully functional. Pinnacle uses software which is able to recognize and remove these “ghost assets.” This should be done annually prior to completing your company’s tax return.

Valuation Tracking & Review

Pinnacle will perform an analysis to determine whether or not your rendered assessment exceeds market value. If so, this can result in substantial tax savings.

Market Research

There are several factors which can impact the value of your company’s assets. The economics of the market determine what an asset is worth on the used market. As an example, if there is an oversupply of printing equipment on the market due to the closing of several newspaper and magazine companies, the value of the equipment on the used market is driven down as a result of the market becoming saturated. The printers still work, but now there is too much supply and not enough demand.

Through the services of Pinnacle, we provide the only market – derived depreciation tables in the market. These tables account for all forms of obsolescence. The tables are separated by market segments therefore arriving at a “credible value” per USPAP standards. The tables can be used when filing your business personal property tax returns to establish the subjects market value at the time of filing and then can be used to establish “market value” at board hearings. The tables are even used by property appraiser offices nationwide.

Managing Deadlines

Pinnacle will make sure all important deadlines are managed to ensure accurate and timely filing of necessary documents. Some important deadlines in property tax are rendition or tax return filing, receiving trim notice or assessment notice comes out, timely payment of taxes, the deadline to appeal your roll value, county hearing dates and evidence exchange dates, and appealing the county’s decision if need be. Missing a deadline can cost your business the right to tax relief until the following tax year.

Appeals/Negotiations

Pinnacle will file the appeal in a timely manner and will present our proposal informally with the taxing jurisdiction. This is where we will present all of our market data which supports your company’s Fair Market Value. Pinnacle has been able to establish positive working relationships with many of the tax jurisdictions which allows us to settle the majority of our appeals.

Value Adjustment Board Hearing Representation

Should your appeal not settle, your company will be represented at the appeal hearing by a designated American Society of Appraisers appraiser which has in depth knowledge of your property and the property market place. This preparation has optimized savings on our client’s behalf.