Robust real estate markets in several parts of the country, changing industrial landscapes, economic and commodity price volatility, and increasing pressure on governments to meet ever-growing revenue needs all bring renewed attention to property valuations and assessments.
As states and municipalities count on property tax revenues to offset expenses, businesses need to protect themselves against excessive tax exposure. Property tax incentives can be among the most effective economic development tools for a new or expanding business.
Our team of tax attorneys and litigators knows county and state property tax law in localities throughout the West and Minnesota. We bring a strong understanding of tax assessment rules and tactics, and business strategies to offset them, as we guide you through property tax and valuation disputes. We’ll advise you on minimizing tax liability through negotiation, and we’ll help you weigh the impact on valuation and assessment as you make improvements to property. We’re familiar with valuation methods and financial reporting standards for industrial plants, equipment, and facilities of all types, and our relationships with assessing authorities benefit our clients.
We help our hospital, nonprofit, and other health care clients with tax exemption, public benefit, and charity care issues that can affect the bottom line.