Our research and appeals have proven that assessors can not support the depreciation schedules as being equal to market value. We argue, and the law agrees, that cost less an arbitrary depreciation value does not equal market value.

In addition, companies usually report all costs from their asset ledger or may report ghost assets. But not every cost is taxable and many add no market value to your assets. If you report all costs from your asset ledger you are paying too much.

We can quickly do checkup on your personal property and tell you if there is an opportunity to lower your taxes. We’ll examine your asset ledger and personal property return and highlight those assets that we can achieve reductions on.

With your consent, we can pursue a thorough examination of all your personal property, considering economic and functional obsolescence, property classification and check for ghost assets.

We will review relevant court decisions, laws and statues regarding tangible and intangible assets to ensure that they are being used to your advantage.

John Ramming Machine Co.

PAR prepared an appraisal of the subject property using market information. Successful negotiations with the License Collector resulted in a signification tax reduction for our client.

Safety National Casualty Corp.

PAR obtained the tax savings using computer market values and excluding non-taxable items through successful negotiations with the assessor’s office.

PAR appealed based on market value of the office furniture, computers and plant equipment which resulted in a tax savings of $28,390, a 73.03% reduction.

PAR appealed computer equipment only and successfully achieved the tax reduction using market information.

PAR obtained the tax savings using market values for computer equipment and excluding non-taxable items through successful negotiations with the assessor’s office in St. Louis County.

PAR used market values and excluded non-taxable items to achieve this tax reduction.