Many companies pay more in local property taxes than in both sales and income taxes combined, and unfortunately, they assume that it’s just another fixed expense. However, this doesn’t have to be the case. Lowering property taxes by negotiating a fair and equitable assessment is one of the most important steps a company can take to immediately reduce its expenses and increase its cash flow. While most firms pursue income tax strategies, far too few subject property tax assessments to the same degree of scrutiny.
CORE has testified and negotiated property tax reductions with local and state authorities throughout the country for clients including: Hotels, Light and heavy manufacturing, Shopping malls, Chemical and oil refineries, Senior Living Facilities, Office Buildings, and Apartment Buildings.