Property Tax Services

Kroll engages with companies nationwide to provide independent, innovative and results-driven property tax services.

Contact us
/en/services/tax-services/property-tax-services /-/media/feature/services/valuation-advisory/property-tax-services-desktop-banner.jpg service

Property taxes are one of the largest recurring operating expenses associated with tangible asset ownership. Owners are often unaware of what items or costs are taxable, what items are being assessed or how their property is being valued. Answering these and other related questions often produce recurring property tax savings for owners and lessees.

We assist clients in identifying tax saving opportunities by reviewing their tangible property portfolio and associated property tax assessments and liabilities. Through our diligence, we generate millions of dollars in property tax savings for clients worldwide.

 

Property Tax Advisory Services

Kroll has been successful in value negotiation and appeals, resulting in appropriate and uniform fair market values, and associated liabilities for clients we have represented in the most efficient, collaborative and high-quality manner. Our services include:

  • Real and personal property tax appeal preparation
  • Property tax audit support services
  • Property tax consulting and support services in the form of equalization and obsolescence studies, cost of capital analyses, and property valuation and classification for real estate transfer tax planning

 

Property Tax Compliance and Co-Sourcing Services

The Kroll Property Tax Compliance team has proven successful over many years in ensuring timely and accurate submission of renditions and payment of the tax liabilities owed for the portfolios we have represented. Our services include:

  • Fixed asset review categorization and identification of exempt items
  • Personal property tax rendition preparation, filing and follow-up for locally and centrally assessed properties
  • Real estate compliance filings
  • Real and personal property tax assessment review
  • Real and personal property tax bill accuracy review and vouchering

 

Property Tax Exemption and Abatement Services

Kroll ensures that all available statutory property tax exemptions and abatements are maximized in the value negotiations cycle. Our services include:

  • Pollution control analyses for property tax exemption and special tax purposes
  • Alternative energy exemption certification efforts
  • Freeport exemption efforts

 

Property Tax Due Diligence Services

Kroll has successfully analyzed potential property tax liability considerations for both greenfield projects and operating projects, to ensure transaction prices realistically incorporate future operating costs related to tax. Our services include:

  • Determine the impact the potential sale price may have on future property tax liability
  • Utilize current assessor relationships to determine assessment of project
  • Address opportunities for property tax abatement available for the project

 

Property Tax Expert Witness and Litigation Support Services

Kroll provides Property Tax Expert Witness and Litigation Support Services that are unmatched in the professional services industry due to our extensive work with numerous industries and asset types. Our services include:

  • Rebuttal testimony / counsel preparation
  • Work with legal counsel on case preparation
  • Expert witness / testimony services
Connect with us
Robert Herman
Robert Herman
Managing Director and Global Head of Tax Services
Tax Services
Chicago
Phone
Bruce Cartwright
Bruce Cartwright
Managing Director
Tax Services
Phone
Michael Lateur
Michael Lateur
Managing Director
Tax Services
Austin
Phone
Toby Reese
Toby Reese
Managing Director
Tax Services
Richardson
Phone
Mark Simzyk
Mark Simzyk
Managing Director
Tax Services
Chicago
Phone

See all servicesStay Ahead with Kroll

Valuation

Valuation of businesses, assets and alternative investments for financial reporting, tax and other purposes.

Compliance and Regulation

End-to-end governance, advisory and monitorship solutions to detect, mitigate and remediate operational security, legal, compliance and regulatory risk.

Corporate Finance and Restructuring

Comprehensive investment banking, corporate finance, restructuring and insolvency services to investors, asset managers, companies and lenders.

Cyber Risk

Incident response, digital forensics, breach notification, managed detection services, penetration testing, cyber assessments and advisory.

Environmental, Social and Governance

Advisory and technology solutions, including policies and procedures, screening and due diligence, disclosures and reporting and investigations, value creation, and monitoring.

Investigations and Disputes

World-wide expert services and tech-enabled advisory through all stages of diligence, forensic investigation, litigation and testimony.

Business Services

Expert provider of complex administrative solutions for capital events globally. Our services include claims and noticing administration, debt restructuring and liability management services, agency and trustee services and more.

See all insightsExplore Insights
Valuation

Valuation Insights – First Quarter 2022

May 25, 2022

Valuation

2021 U.S. Goodwill Impairment Study

Mar 31, 2022

Valuation

Celebrity Brand Valuation Study 2021: “Digital Acceleration 2.0”

Mar 30, 2022

by Aviral Jain

Property Tax Services

Integrated Approach to Tax Savings on Large-Scale Green Energy Projects

Jan 17, 2022

by Kathryn Tronsberg Macciocca

News

Carla Nunes Shares Insights on U.S. Goodwill Impairment Trends for 2022

Mar 31, 2022

News

Toby Reese Talks About Changes Tax Professionals Are Experiencing Due to Remote Work

Oct 30, 2020

News

Duff & Phelps Wins Multiple Awards at Global Advisory Experts 2020 Awards

Oct 22, 2020