Distribution and Manufacturing
Like most industries, distribution is transforming at breakneck speed. Customer expectations and buying habits have adapted quickly to the digital landscape, presenting retailers with new competitors, new customer service challenges, and of course, new opportunities. In an inventory-taxable jurisdiction, one of the more prominent challenges is the valuation of inventory and how to apply a mitigation strategy based on the characteristics. Our team can work with you to not only evaluate your inventory situation, but to strategize a plan for the best possible outcome.
Expertise
At J. Joseph, we have experts with decades of experience dedicated to handling the unique issues and complexities surrounding machinery & equipment taxes., We conduct an exhaustive analysis of your property and circumstances to work toward minimizing your tax liability.
Strategies
Our dedicated professionals provide you with a comprehensive analysis of all possible property tax savings strategies, but these are some to consider.
• Cost Does Not Always Equal Value
• Inutility Study
• Obsolescence Study/Analysis
• Cost to Cure
• Value in Use vs. Value in Exchange
• Fixed Asset Isolation Analysis
• Tax Analysis