Most personal property isn't taxable, but if you own property used for business purposes—like selling, leasing, or generating profit—it becomes taxable. This is referred to as Business Personal Property (BPP).
At Faulkner & Williams, we handle the paperwork for you by filing the necessary rendition and representing you during any protest hearings.
The rendition covers property you owned, managed, or controlled as of January 1st of the current year. It must be submitted to the county appraisal district between January 1st and April 15th each year.
If required by the Tax Code or the chief appraiser, the rendition should be filed using the official form provided by the Comptroller of Public Accounts, or a similar form with all required details.
This includes key information like:
Why? Because Appraisal Districts often have limited knowledge of your business, how your equipment is utilized, or even its age. This lack of insight can lead to inflated valuations—and higher taxes.
That's why challenging the Appraisal District's valuation is critical. By contesting their assessment, you ensure you're not paying more than your fair share in property taxes.
Forgetful about Property Tax Filing dates and changes? We’ve got you covered. Subscribe now and receive your free annual property tax report for your property, plus critical updates on local sales activity, law changes, and further exemptions you may qualify for to help lower your property tax burden.
Important: If your Homestead Exemption hasn't been applied to your primary residence, we'll file it for you and pursue any refunds on overpaid property taxes that you qualify for—at no cost to you.