Inventory

Deadline to Render Business Personal Property is April 1st

Like real property, such as land, buildings, or other items attached to land, Business Personal Property (BPP) is taxable in the State of Texas, and is valued by your appraisal district. The deadline to render your BPP is April 1st. What is business personal property BPP includes, but is not limited to: equipment, furniture, fixtures, machinery, tools, copiers, cars, computers, …

May 31

Protest Deadline is Nearing

By now, most of you should have received your Commercial and Business Personal Property Value Notices. Most often, Notices of Appraised Value are sent only when your appraised value increases by $1,000 or more above the prior year’s value, or if a Rendition is filed. With the month of May zooming by, the time to act is short. The statutory …

Dollars On White Background

How Can Texas Create Tax Relief?

Many homeowners and commercial property owners in Texas were left slack-jawed by the Value Notices they received this year. Though the statutory protest deadline passed on May 31st, the conversation continues regarding “sticker shock” and possible solutions to easing the tax burden. Charles E. Gilliland is a research economist at the Real Estate Center at Texas A&M University, and he …