During the first year of filing returns for a new multi-location ambulance-related client, PVS saved the company $109,000 in business personal property taxes through our successful filing methodologies and appeals.
Vehicle-related accounts often present challenges as the assets, by design, are mobile and move from location to location. Assessors often do not update their records and attempt to continue to tax vehicles as they were previously reported. Additionally, assessors may have access to information from other governmental agencies and can dispute the way the assets are presented on personal property tax returns.
Through PVS’ methodologies, we were able to identify some assets that qualified for a faster depreciation schedule or a lower taxable cost basis. Additionally, we worked with our client to ensure accurate reporting of the assets in their fleet at each location.
PVS saved this company approximately $109,000 in business personal property taxes in our first year of representing their portfolio.
PVS’ proactive approach and detailed analysis of the ambulance fleet’s taxation challenges across multiple jurisdictions enabled us to save the client $109,000 in business personal property taxes in just our first year of service.
