Real property taxes can be significant expenses for property owners, particularly when those properties are worth $1 million or more. Whether your clients own or your company owns office buildings, manufacturing plants, hotels, apartments, retail stores, distribution centers or other properties, an opportunity may exist to protest the tax value. This is a primer for that process.
Find out the basics of real property taxation.
Compare the different approaches that assessors use to determine the tax value of a property.
Learn about real property tax exemptions.
Consider the processes for disputing real property taxes.
Consider common areas of disagreement between assessors and property owners.
Bingham Greenebaum Doll
Partner and Chair, Tax & Finance Group
[email protected]
(502) 587-3552
Mark's areas of practice concentration are state, local and federal tax controversy resolution, litigation and planning. Mark’s practice includes acting as an advocate for clients in resolving disputes with state and local tax authorities (e.g., Kentucky Department of Revenue, Louisville Metro Revenue Commission, etc.) as well as federal administrative agencies including the Internal Revenue Service (IRS), the Alcohol and Tobacco Tax and Trade Bureau (TTB), and the U.S. Department of Agriculture’s Commodity Credit Corporation. He has counseled and advocated for clients with issues involving state and local income, gross receipts, sales and use, property, franchise/license and various excise taxes (e.g., cigarette, other tobacco products, motor fuel, motor vehicle, U-Drive-It, etc.) as well as federal income and excise taxes. Mark also has experience working in industry where he managed the state and local tax and federal excise tax planning and audit defense functions of a multi-billion dollar manufacturing concern.