Each year, very large retailers and financial institutions have hundreds and thousands of personal property returns that need to be filed. Managing the compliance cycle is no easy task.
Unlike personal income taxes that need to be filed by April 15th of each year, personal property tax returns need to be filed roughly every two weeks beginning January 31 through June 15, which compresses the reporting cycle. Many companies simply don’t have the internal resources to manage these complex processes.
In a recent podcast with Matthew Ball, a Senior Manager, Personal Property Tax & Cost Segregation at SC&H Group, he discusses how companies can best manage their personal property tax reporting with limited resources.
To learn more about SC&H’s Personal Property Tax Services, click here.