Personal Property Tax Management

AMR leverages the flagship Fixed Asset Inventory and Reconciliation (FAIR) service to support your personal property tax management and compliance efforts. Our comprehensive, audit proof process allows you to realize greater tax savings with superior "black and white" documentation (audit trail) and impartiality. FAIR will reveal "ghost assets" (i.e. un-recorded retirements) that are arguably the most significant factor in overpaying personal property taxes.

Property tax savings captured without the hassle of tax appeals.

• A complete FAIR ensures a cleansing and fortification of the fixed asset data and the foundation for paying minimum tax.
• Creation of parent-child relationships for complex assets and properly assigning tax classifications that are more accurate and beneficial.
• Cost componentization to breakdown sub-assets and exempt intangible costs.
• Identification of other exempt assets – e.g. Pollution Control.
• Identification of idle/surplus assets and impaired assets.

AMR's core competency revolves around giving clients back the asset data visibility required to effectively perform best practices for managing personal property tax. Should additional assistance be required to capture additional tax savings through abatements or filing statutory/valuation appeals, then AMR will align with the appropriate partner to provide additional value-add.