Success Stories
$1,750,000
North Carolina Personal Property Tax Savings
An assessor in North Carolina misapplied classifications of certain Leasehold Improvements to a retail client. PTSG reviewed the assessments and corrected these errors resulting in property tax savings of $1,750,000 for the client.
$1,400,000
South Carolina Personal Property Tax Savings
PTSG identified exempt assets in South Carolina for an equipment rental client. We filed amended returns and argued our case before the Department of Revenue. The DoR ultimately decided in our favor savings the client over $1,400,000 in property taxes.
$1,000,000
Texas Personal Property Tax Savings
PTSG leveraged a third-party market value analysis of a waste industry client’s assets in Texas. Through the compliance and appeal process, PTSG reduced the client’s personal property tax burden by over 20%, resulting in over $1,000,000 of savings.
$111,000
Maryland Personal Property Tax Savings
PTSG leveraged a third part appraisal to save a grocery store chain client $111,000 in personal property taxes.
$670,000
Virginia Commercial Property Tax Savings
PTSG reviewed the reassessment of a restaurant chain client and identified unfair assessments. Through the appeals process we were able to reduce the value by over 20% resulting in a value reduction of over $670,000.
$400,000
Tennessee Personal Property Tax Savings
Using an exemption in Tennessee, PTSG saved an equipment rental client over $400,000 in personal property taxes.
$250,000
Oklahoma Commercial Property Tax Savings
Through a second opinion review of a commercial property in Oklahoma, PTSG identified a misclassification of the property. Through the informal process we were able to correct the classification of the property saving the client more than 20% in property taxes.
$150,000
Maryland Personal Property Tax Savings
PTSG identified and applied for an R&D exemption for a manufacturing client that had not previously used. This exemption resulted in tax savings of over $150,000.
$25,000
Georgia Personal Property Tax Savings
PTSG conducted an obsolescence review of a client’s manufacturing facility in Georgia. We presented our results on the return and saved the client over $25,000 in personal property taxes.