Integrity Tax Consulting
Personal Property - Manufacturing Co.

After a request for a second opinion from an Indiana taxpayer, Integrity completed a detailed personal property assessment review for a large manufacturing company in northeast Indiana. The recommendations presented to the taxpayer consisted of removing assets that were disposed as of the assessment date or transferred to another state, classifying assets as special tooling, removing double assessments and assets of a real property nature from the original filing. The overall result was a 22% reduction in their personal property tax liability. The company also benefits from a current tax abatement approved by the county.