Property tax is a tax imposed on property owned by individuals or entities, including corporations. This tax applies to both real property (like land and buildings) and personal property (such as machinery and equipment).

Many people end up overpaying their property tax bills for various reasons. These can include economic factors, over-reporting the number and cost of assets in a business, misreporting intangible or non-taxable assets, and miscalculating asset obsolescence. Walker Reid’s property tax experts specialize in identifying these issues and preparing appeals to achieve the largest possible reduction in tax liability. Their property tax services often result in substantial savings for property owners over several years.