CPA Blog

CPA & Accounting Topics for Business
Mar
20

The Dreaded Property Taxes

You hear it over and over again. Texas politicians entice employers to the state claiming we don't have a state income tax. Any experienced small business person knows this statement isn't completely true. All corporate entities have to file a state income tax return. But individuals don't pay any income tax in Texas. But we all pay the dreaded property tax.

Property tax rates vary from location to location. In the Houston area, property tax rates exceed 3% of the property value. That adds up really quickly when you consider they are taxing not only your land and buildings but your equipment, vehicles, machines, inventory, furniture and fixtures.

Different Types of Property for Businesses

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About You

Over decades of working with various types of businesses we have discovered Fisher is the perfect fit for clients who demonstrate the following characteristics.

1

Your business has already proven to be successful through continued growth.

2

Your market has a real need for your product and/or service.

3

You are an independent thinker.

4

You are not a follower but instead you tend to lead or aspire to lead in your market.

5

You understand the importance of learning how to improve your financial navigation.

6

You are teachable despite of your previous success and you continue to seek personal development.

7

You are actively seeking to improve your business.

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