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Non-Traditional Services
Paradigm Tax Group offers more than traditional
property tax appeal and compliance services.
Our managing consultants are experts in obtaining
savings for our clients by finding property tax
minimization scenarios related to pollution control
exemptions and credits, purchase price allocation
solutions to minimize initial assessment, and
asset tagging services to assist clients in machinery
and equipment location, classification and reporting.
Below is a more descriptive explanation of each
service:
Pollution Control Credits and Exemptions
In order to meet clean air and water quality
standards, many states encourage investments in
and provide multiple tax exemptions for equipment
designed to control and reduce pollution. Paradigm
Tax Group’s Pollution Control experts possess
a unique knowledge of the process of identifying
a client’s existing pollution control equipment
and securing the multi-tax benefits associated
with that equipment. Paradigm Tax Group offers
a three phase Pollution Control Program beginning
with feasibility, followed by identification and
certification of pollution controlling assets with
proper authorities. The final step is verification
which includes providing exemption documentation
and assisting the client with filing exemption
applications. Paradigm Tax Group experts can be
with you every step toward verification and exemption.
Purchase Price Allocation
Most assessing authorities consider the
sale price of a property to be the best indication
of market value. It is, however, common practice
for a commercial or industrial building sale price
to reflect more than just the real property component
of the transaction. Paradigm Tax Group’s
Purchase Price Allocation experts specialize in
extracting assets such as personal property and
other intangibles that are not part of the real
property from the reported sale price. This results
in an assessment below the sale price, thus saving
significant tax dollars for the duration of ownership.
Our experts have experience in providing Purchase
Price Allocation services for many property types
including retailers, hoteliers and manufacturers.
Asset Tagging
Meticulous record keeping is essential
in minimizing a company’s tangible personal
property tax burden. Many of our clients have benefited
from Paradigm Tax Group’s Asset Tagging service
to assist in not only keeping accurate records,
but also controlling the location of assets and
maintaining consistent and compliant valuation
schedules. Taxing authorities look for consistency
in reporting and asset classification within the
rules and regulations of its jurisdiction. A Paradigm
Tax Group expert is trained to inventory, classify
and report assets to authorities that are consistent,
accurate and within jurisdictional regulations.
Acquisition Consulting
Surprises are an acquiring company's worst
enemy. Paradigm Tax Group is in merger and acquisition
services for private equity investment firms. As
property tax specialists, we are called in on many
of these deals. Let us put this experience to work
for you so that your only surprise is how smooth
and thorough the due diligence process can be.
Litigation Consulting
Involved in a property tax dispute? We
can assist your attorneys and expert witnesses
so that you can put your best case forward and
present your position in the most favorable approach. |
