JM Tax Advocates on COVID Property Tax Relief. IMA publication. https://jmtaxadvocates.com/2021/05/25/ima-publication-announcement/
JM Tax Advocates has published a new article entitled "JM Tax Advocates Is Happy to Announce That We Have Been Featured in the May 2021 Issue of Indiana Manufacturers' Monthly", which sheds light on the most important aspects of Property Tax Relief Planning During COVID for Manufacturers/Hotels/Senior Care Operators. Manufacturers', Hotels, and Senior Care Operators and other interested individuals can view the full article at https://jmtaxadvocates.com/2021/05/25/ima-publication-announcement/
The article includes several interesting pieces of information, one in particular is According to a recent report in Tax Policy Center, the pandemic is driving a sharp decline in state and local income and sales tax revenues.. This should be of particular interest to Manufacturers/Hotels/Senior Care Operators because The decline in state and local income and sales tax revenues will result in property tax rate and property assessment increases.
One of the most important pieces of information the article tries to convey and communicate is; We recommend reviewing your property tax assessments each and every year. The best example of this is perhaps found in the following extract:
'As we mark the one-year anniversary of the COVID-19 pandemic, the economic fallout has been far and wide. But only now have homeowners and business owners come to grips with the impact that the COVID-induced recession will have on their property taxes. The property tax rate and property assessment increases may be shocking to many business owners, but taking the right approach can substantially improve your ability to negotiate and reduce your tax bite for this year’s obligations.'
In discussing the article's creation, Joshua Malancuk, CPA, CIMI, President of JM Tax Advocates, LLC at JM Tax Advocates said:
"This article is a must read for businesses that want to lower their property taxes.."
Regular readers of JM Tax Advocates will notice the article takes a familiar tone, which has been described as 'The website has been described as professional, informational, and full of value.'.
JM Tax Advocates now welcomes comments and questions from readers, in relation to the article, as they are intent on helping businesses with property tax relief and planning..
Anyone who has a specific question about a past, present, or future article can contact JM Tax Advocates via their website at https://jmtaxadvocates.com/
The complete article is available to view in full at https://jmtaxadvocates.com/2021/05/25/ima-publication-announcement/.
