Faster, cheaper, better is a mandate being given to property tax departments. We know this is hard to achieve when you are trying to keep up with the volume of personal property tax rising regulations and requirements.

The ONESOURCE Property Tax outsourcing team can help you manage your compliance with services including:

Preparing and Filing Renditions
We will prepare and file all renditions and appropriate supporting documentation based on our research and expertise in state and local property tax laws. Where applicable, we will file and track the approval of Freeport applications and property tax abatements/exemptions.

Track and Maintain Assessment Notices
We track and maintain assessment notices in ONESOURCE Property Tax, which provides assessment information to our local resources across the country via an electronic system. Likewise, missing assessment information is readily identifiable for local resources to contact assessing agencies and obtain the missing data. We will review manufacturing, warehouse, and inventory assessment calculations and recommend valuation changes and appeal opportunities where appropriate.

Track and Process Tax Bills
We track and process tax bills in ONESOURCE Property Tax and transmit payment approvals for review, as well as provide allocation files to clients where applicable.

Property Tax Budgets and Accruals
We provide a wide variety of options that can be established within our system to produce an estimate of property tax for use in establishing budgets and/or accruals.

Comprehensive Reporting
We supply comprehensive reporting structure within ONESOURCE Property Tax that will meet your needs for understanding the status of your portfolio and provide internal reporting requirements associated with performance metrics, as well as the progress of the engagement.

Appeal & Determinations Services
We work collectively with you to determine if an appeal is viable and will execute the necessary steps to follow through on all appeal opportunities.

Audit Support
We offer audit support by participating in the audit process or handling the entire audit process on your behalf. We also notify you immediately when audit notices are received, providing status updates throughout the course of the audit.

The property tax professionals at Thomson Reuters comprise the largest property tax services organization in the U.S. With nearly 650 professionals on staff in 28 national offices, we have the people, experience and technology needed to address your key challenges.

Our property tax consultants have expertise in nearly every industry and are dedicated exclusively to addressing the needs of the clients they serve. They actively participate and are recognized leaders in their respective industry organizations. These individuals are part of an overall property tax network with a breadth of qualifications, including: CPAs, JDs, engineers, former Assessing Officials, Certified Members of the Institute (CMI), and many other relevant designations. We process nearly 170,000 returns annually in all 39 states where personal property is taxable. We currently prepare and file property tax returns in over 5,000 assessment jurisdictions.

We provide full compliance outsourcing services for over 200 clients in a wide variety of industries such as manufacturing, retail, equipment and vehicle leasing, food and beverage, pulp & paper, and many more.

Centers of Excellence
Thomson Reuters promotes redundancy in people and processes through our four Centers of Excellence located in Atlanta, Houston, Nashville, and Scottsdale. We leverage our national footprint of experts to minimize tax liability. Our clients are served by professionals in 28 offices across the U.S.

Property Tax Consulting
Our clients are able to leverage our property tax consultants' expertise through one-off projects or co-source specific tasks.

Customized Property Tax Solutions
We own and control our technology development and system functionality.

Seamless Transitions
Our implementation teams have experience with every commercially available system on the market.

Industry Expertise
We deliver a range of services, with property tax specialist in every industry type.

Transparent Processes
Our workflow solutions give you direct access to our work product, which increases confidence and verifies knowledge transfer of information between your team and ours.

Scalable Solutions
We scale our operations to meet your needs. We have the resources to quickly expand and deploy the necessary teams.