Frequently Asked Questions
Below you will find information that might help you understand how to find things or learn about information you might need to know about your city or town.
Personal Property
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Personal Property
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Personal Property
Report the details (including the disposition of property) to our office via e-mail or on the listing. If the equipment is in your possession, continue to file the listing - due every April 30th, as usual. Please don't confuse relocating, selling, walking away from, or reorganizing the business, with closing it. You still need to report the equipment.
If you don't have the equipment, we need to know what you did with it. Specifically: the date that the business closed and the location of the equipment. If sold: sale date, sale price, new owner's name, new owner's address.
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Personal Property
Send us the following document(s), within the appeal deadline, and we will review the assessment:
- Depreciation Schedule
- Equipment Register
- IRS Schedule C
- Balance Sheet
- General Ledger
- Schedule of leased Equipment
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Personal Property
You can print a blank affidavit (PDF), or request one by email.
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Personal Property
No, changes can only be made by written notification. Email us with the changes or annotate them on the listing.
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Personal Property
We will accept them at any time, but a listing must be postmarked by April 30th to avoid a late filing penalty.
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Personal Property
You have 30 days from the date on the notice of value.
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Personal Property
The first step should be to contact our office, if you are not satisfied with the results that you receive then you can appeal the decision to the Board of Equalization. If you disagree with our calculation on reported assets, contact us.
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Personal Property
Any equipment used in the operation of a business.
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Personal Property
Yes, it should be reported regardless of the percentage of use.
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Personal Property
There is $15,000 "Head of Household" exemption from the reported assessed value for sole proprietors only, this would affect taxes due in 2008. You must claim this on your listing every year. We will review your eligibility and apply the exemption as applicable.
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Personal Property
No.
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Personal Property
We add 5% per month (or fraction of a month) to your tax bill, not to exceed 25% of the total tax.
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Personal Property
If there are extenuating circumstances, notify us of the details.
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Personal Property
Supplies are items used or consumed in the operation of the business.
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Personal Property
Take the total amount purchased by the business annually and divide by 12. Enter that amount in block 3 of the listing.
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Personal Property
The first half is due by April 30th and the second half by October 31st. Personal and real property taxes are due at the same time.
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Personal Property
Same as real property, approximately 1.4% of the assessed value per year.
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Personal Property
Contact the Franklin County Treasurer at 509-545-3518.