Any asset(s) that are owned by a business, such as vehicles, furniture, machinery and equipment.
FAQ Category: Business Personal Property Questions
Who has to assess?
Any business owner who operates a business and who holds personal property used in the course of operating said business.
What is the assessment deadline?
The assessment deadline is May 31st of each year.
My business opened in March. When do I assess?
May 31st of the current year.
If I do not assess by May 31st, what happens?
A late penalty of 10% is added to your assessment. This percentage is set by state law.
Do I assess my leased copy machine?
No. The owner of the equipment is responsible for assessing it with our office.
When can I assess my business?
You can assess your business anytime between January 2nd and May 31st.
How do I appeal my value?
By making an appointment during the appeal period in the month of August and meeting with the Board of Equalization.
When will I get my tax bill?
In March of the following year.
In my business I use my personal computer and desk. Do I have to assess them under my business name?
Yes, once any item is used for business it becomes assessable under the business name.