PERSONAL PROPERTY TAX COMPLIANCE

Silver Oak Advisors is a full service personal property compliance and consulting firm that specializes in multi-location high volume return preparation. Our firm takes this time-sensitive, high pressure, time consuming, administrative function off your hands and puts it into ours. In addition to the normal process of preparing and timely filing your returns Silver Oak Advisors offers these additional value added functions.

  • Review assessment notices to ensure values are accepted and file appeals as necessary; additionally, we will defend any audited work done by Silver Oak Advisors as part of our fee
  • Prepare tax estimates and accruals
  • Review tax bills for accuracy, approve and timely process payment utilizing our third-party bill payment provider on your behalf

Finally, our services will save your company money to its bottom line thru saving realized by properly filing your property to ensure the lowest tax burden paid as well as savings on internal administrative cost utilizing internal personnel. Our competitive fee, in a lot of cases, is covered by the savings opportunities Silver Oak Advisors discovers for you.

What We Do

PRACTICE AREAS

TAX RETURN PREPARATION

Accurate and timely preparation and filing of your property tax returns

TAX ASSESSMENT ANALYSIS

Reconciliation of assessment notices to tax returns

TAX BILL APPROVAL

Verification of tax bill accuracy

TAX BILL PAYMENTS

Paying tax bill payments on your behalf

OUR APPROACH

Silver Oak Advisors customizes our approach and provides comparative pricing to determine which process is best suited for your company’s goals and objectives.

FILING OPTION 1

Full Service Silver Oak Advisors provides turn-key personal property compliance services through the following:

  • Populate all your existing locations into our software database
  • Conduct a thorough analysis of your fixed asset ledger, and review all assets to ensure they are properly coded for filing
  • Prepare and provide a tracking calendar showing return due dates and tax bill due dates
  • Prepare and file a return for all locations
  • Provide secured organized access to copies of returns, assessment notices and tax bills in electronic format
  • Review assessment notices to ensure rendered values are accepted and file appeals where necessary
  • Prepare the tax estimates by month and accruals
  • Ensure tax bills are received for every location where a return is filed
  • Review tax bills for accuracy, approve and timely process or transmit for payment
  • Handle and respond to all routine correspondence with assessors
  • Manage and handle all audits and appeals for personal property tax
  • Develop reporting format for property tax management

FILING OPTION 2

Preparation of Returns For those clients that wish to continue to handle all of the services mentioned in Option 1, with the exception of preparing the returns, Silver Oak Advisors will prepare and submit the returns prior to the filing deadline. Then Silver Oak Advisors will provide secured organized access to PDF copies of those returns.

FILING OPTION 3

Preparation of Returns Using Your Software For those clients that want to continue to maintain their current system, Silver Oak Advisor’s trained compliance staff can be given access to your system, and our compliance experts can provide any and all of the services offered in Option 1.

Silver Oak Advisors files in excess of 12,000 returns for companies from SMB to Fortune 1000. Our sector expertise includes manufacturing, retail, restaurant, telecom/cable, distribution.

HOW YOU WILL BENEFIT

Regardless of the option you choose, Silver Oak Advisors personal property tax compliance, bill payment and audit management services can enable you to maximize the value of your company’s time and resources.

BENEFITS ALSO INCLUDE:

  • Lower administrative costs
  • Accurate and timely filed tax returns
  • Audit management resources
  • Reduced risk of incurring late filing fees, interest and penalties
  • Reduced tax liability
  • Eliminates annual cost for tax software and the time to implement software
  • Elimination of training costs through access to experienced professionals
  • Increased time for internal resources to work on priority projects