by Dennis Jansen | Aug 28, 2013 | Firm News, Posted in Commercial Property Taxes, MN Resort Taxes and tagged commercial property taxes, industrial property taxes, property tax, property tax appeals, tax law.
There are many factors that determine the size of a Minnesota commercial property tax bill. The most important contributing factors to a Minnesota property tax bill are: the state tax rate local tax levies the class of property owned by a business and the valuation of...
by Dennis Jansen | Aug 24, 2013 | Firm News, Posted in 179D Property Tax Deductions and tagged commercial property taxes, Section 179D deductions.
In our last post we discussed the availability of Section 179D property tax benefits for past commercial building projects. Minnesota businesses can leverage this property tax deduction in order to secure significant tax savings. Partial deductions can also be...
by Dennis Jansen | Aug 23, 2013 | Firm News, Posted in 179D Property Tax Deductions, Commercial Property Taxes and tagged commercial property taxes, Section 179D deductions.
Many businesses in Minnesota and throughout the Midwest have reduced costs by retrofitting and remodeling their buildings with energy efficient technology. The reduction in energy waste and smaller energy bills are highly attractive for any company’s bottom line....
by Dennis Jansen | Aug 15, 2013 | Firm News, Posted in Commercial Property Taxes, Industrial Property Taxes and tagged Cost Segregation, MACARS, tax law.
Minnesota businesses, just like people, have an obligation to pay taxes. Taxes are the price we pay to live in a civilized society and pay for the great quality of live we enjoy in our state. Here at Robert Hill Law, we believe that although businesses owners have an...
by Dennis Jansen | Jul 23, 2013 | Firm News, Posted in Wisconsin Property Taxes and tagged wisconsin taxes.
It is property tax time again for some Wisconsin residents. The Superior Telegram reports that the second installment for 2012 property taxes are due to the Douglas County Treasurer’s Office by July 31. Residents can pay their property tax bill on the Douglas County...
by Dennis Jansen | Jul 10, 2013 | Firm News, Posted in Agricultural Property Tax and tagged Agricultural Property Tax, Iowa, North Dakota, South Dakota, tax law, Wisonsin.
The valuation of agricultural lands varies drastically across the Upper Midwest. Minnesota agricultural values rely primarily on market data derived from land sales, but agricultural areas in the Twin Cities area may qualify for a special program called “Green Acres.”...
by Dennis Jansen | Jun 24, 2013 | Firm News, Posted in In the News and tagged Media coverage, Tax court.
I recently authored a commentary in the Star Tribune on the recent removal of George W. Perez from the Minnesota Tax Court. This removal shows that it is time to examine the status of the court and make it more accountable. Unlike other Minnesota courts, the tax court...
by Dennis Jansen | Jun 13, 2013 | Firm News, Posted in Commercial Property Taxes, Iowa Property Tax and tagged Iowa, property tax.
Iowa has joined the list of states that have lowered their commercial property taxes in order to attract businesses and developers. Iowa governor Terry Branstad signed a bill in Hiawatha yesterday at a local business, the Associated Press reports. “The tax relief in...
by Dennis Jansen | Jun 11, 2013 | Firm News, Posted in Industrial Property Taxes, Tax Case Studies and tagged industrial property taxes, manufacturing facilities.
Owned by a food and meat products manufacturer based in Austin, Minn., this Illinois property was originally built in 1964 as a pork processing plant. Over time, several additions were built onto the property as the building was reconfigured into a general-purpose...
by Dennis Jansen | Jun 9, 2013 | Firm News, Posted in Industrial Property Taxes and tagged asbestos, industrial property taxes, property tax assessors.
Industrial properties present special challenges to property assessors. As drivers of the economy, these properties are large, visible structures in the community, home to expensive equipment and activities that generate revenue. In smaller communities, industrial...
