AMERICA’S PROPERTY TAX ADVISOR
Committed to Providing Exceptional Value Property Tax Services Overview
1
WWW.MFPOER.COM Marvin F. Poer and Company Property Tax Services Overview
POER Overview
Nation’s Leading Property Tax Advisor
50 Years of Service Excellence
Full-Service Property Tax Firm
Consultants with Unsurpassed
Expertise
National Resources with a
Local Presence
Former Assessors and Appraisers
Marvin F. Poer and Company
was built in 1964 with the
fundamental idea to provide
excellent customer service
and the most experienced
and knowledgeable tax
consultants in the industry.
Who We Are
2
WWW.MFPOER.COM Marvin F. Poer and Company Property Tax Services Overview
The POER Advantage
Stability
Serving our clients under the same ownership
and high standards since 1964
Experience
Over 180 local property tax
professionals with decades of local
valuation and appeal experience
Knowledge
Representing property in all 50 states and over
7,500 local taxing jurisdictions
Focus
Single-source provider of
property tax services
nationwide
Technology
Client Connect offers you 24/7
access to reports and information
before, during and after the appeal
process
What Sets Us Apart
3
WWW.MFPOER.COM Marvin F. Poer and Company Property Tax Services Overview
POER Business Summary
Minimize Tax Liability
Reduce Costs
Avoid Penalties
Create Value Through Efficiency & Process
Improve Accuracy & Quality Standards
Property & Fixed Asset Management Consulting
Tax Minimization & Process Improvement Strategies
Meet All Compliance Requirements & Mandates
Provide Relevant Timely Personal Property Data
Property Tax is our Core Competency
4
Property tax consulting is
our core competency.
We pride ourselves on being
a full service property tax firm
offering a comprehensive
array of property tax and
asset management services.
WWW.MFPOER.COM Marvin F. Poer and Company Property Tax Services Overview
POER Consultant Experience
Average 20+ Years Industry
Experience and 12+ Years with POER
Held to the Industry’s
Highest Standards
Thoroughly Familiar with
Local Assessment Practices
Established Working
Relationships with Jurisdictions
Our People Are Our Key Attribute
5
The key attribute you gain by
partnering with POER is our
people. We make available to
you the most experienced
and best in class property tax
professionals in the industry.
WWW.MFPOER.COM Marvin F. Poer and Company Property Tax Services Overview
POER Office Locations
Corporate Headquarters Dallas 12720 Hillcrest Rd, Suite 900 Dallas, TX 75230 (972) 770-1100
Atlanta (404)982-6817
Boston (617)720-0182
Chicago (630)573-7830
Denver (303)573-0975
Fort Lauderdale (954)788-8833
Houston (713)460-4500
Irvine (949)757-0991
New York (212)292-4318
Orlando (407)671-1477
Phoenix (602)437-1480
San Antonio (210)377-3400
Seattle (425)825-1777
Washington D.C. (703)276-2660
We are the nation's largest independently owned full-service property tax firm with 14 LOCAL offices and over 180 employees.
National Resources – Local Presence
6
WWW.MFPOER.COM Marvin F. Poer and Company Property Tax Services Overview
POER Services
Real Estate Appeals
Business Personal Property
Compliance Services
Complex Property Solutions
Tax Bill Services
Property Tax Planning
Our Core Competencies
We are a full-service
property tax consulting firm
with unsurpassed expertise in real estate, personal
property and the complex
valuation issues associated
with special-use properties.
7
WWW.MFPOER.COM Marvin F. Poer and Company Property Tax Services Overview
Property Tax Turnkey Solution
8
Managing the Big Picture and the Minor Details
Assessment Analysis
Recommend and Implement Appeal Strategies
Tax Bill Administration
Annual Tax Estimates
Administrative Compliance
Pre-Acquisition Tax Estimates
Reporting
Portfolio Tax Management
Direct Oversight
Third-Party Oversight
WWW.MFPOER.COM Marvin F. Poer and Company Property Tax Services Overview
Real Estate Tax Services
9
Review & Analysis
Present Appeals
Results & Reporting
POER’s valuation experts will analyze
your assessments to determine where
excessive assessments exists.
Appeal strategies are developed as
excessive assessments are identified
• Income analysis
• Comparable assessment analysis
• Review cost & obsolescence factors
• Consider unique economic factors
• Obtain assessor’s appraisal record
Don’t Pay More Than Your Fair Share
WWW.MFPOER.COM Marvin F. Poer and Company Property Tax Services Overview
Personal Property Tax Services
10
Proper Classification of Assets
Avoid Duplication of Assessments
Maximize Depreciation Allowances
Audit Management & Support
POER’s professionals review
your assets and inventory, and
timely file personal property
tax returns ensuring the lowest
supportable assessment.
We communicate proactively
with assessing officials to explain
our filing methods, studies and
conclusions in order to achieve
the correct basis of value.
More Than Just Compliance Services
WWW.MFPOER.COM Marvin F. Poer and Company Property Tax Services Overview
Discovery Inspection Prequalify
Consultation Set Priorities
Analyses Findings
Documentation Consultation
Validation
Implementation Win over Assessor
Applications Finalize Returns Publish Results
Integrated Complex Property Solutions
11
A comprehensive, flexible, three-phase implementation using proprietary technology for efficient and intensive analysis of your fixed asset detail.
ICPS Solutions
• Asset Rationalization
• Componentization
• Obsolescence
• Real Property
• Duplicative Assessment
• Exemptions / Abatements
• Asset Inventory
WWW.MFPOER.COM Marvin F. Poer and Company Property Tax Services Overview
Compares
Asset Rationalization
12
Population Asset Density VS
Designed to test and measure the integrity of fixed asset records
Class and Tables
Asset Age/Life VS
Booked Retirements
Procurement Cycle
VS
Focus on Aged Asset Base
Isolate non-functional
or aged technology
Establish “break-points” for expected
asset replacement
Validate un-recorded retirement schedule
Modify returns or create file
to correct asset ledger
• Test whether retirements are booked appropriately • Issue report with recommendations • Alternative to performing a physical inventory
WWW.MFPOER.COM Marvin F. Poer and Company Property Tax Services Overview
Specialty Property Services
13
Solutions designed to meet the unique challenges of businesses with significant portfolios of business personal property and real estate.
SPS Solutions
• Compliance
• Assessment Appeals
• Audit Defense
• Tax Bill Management
• Tax Accrual Support
• Tax Planning & Budgeting
• Tax Minimization Strategies
• Comprehensive Reporting
Balancing Cost-Efficiency, Accuracy and Control
WWW.MFPOER.COM Marvin F. Poer and Company Property Tax Services Overview
Property Tax Estimates
14
Accurately Project Your Property Taxes
POER’s experts utilize their
extensive experience and
knowledge of local markets,
to arrive at a reasonable and
reliable estimation of current
and future property tax
liability for your property or
development project.
Due Diligence Tax Studies
Capital Improvement
Tax Impact
Operating Budget Tax Estimates
One, Three or Five Year Projections
Anticipate Value and Tax Changes
Better Forecast ROI
More Accurate Property Tax Budget Projections
Share in POER’s expert knowledge of your local market’s assessment practices and factors that impact your property taxes
WWW.MFPOER.COM Marvin F. Poer and Company Property Tax Services Overview
Property Tax Administration
15
Providing all support functions of a property tax department
Compliance Filings
Income & Expense Filings
Real Estate Returns
Tax Bill Administration
Secure, Audit & Transmit
Checkwriting Secure, Audit
& Pay
POER’s property tax
experts and support
professionals can
assume all or parts of
your tax administration.
WWW.MFPOER.COM Marvin F. Poer and Company Property Tax Services Overview
Comprehensive Reporting
16
Everything You Need to make Informed Decisions
Access critical data and status
via CLIENT CONNECT, POER’s
web-enabled information and
reporting system. • Value, Rate & Tax • Target Values • Appeal Status
Reports
• Tax Bills Status • Tax Savings • Yes-over-Year
Comparison
Choose from a list of STANDARD REPORTS
Design your own CUSTOM REPORTS
VIEW, PRINT OR DOWNLOAD in a variety of formats
SCHEDULE REPORTS to automatically run when you want it
WWW.MFPOER.COM Marvin F. Poer and Company Property Tax Services Overview
Key Information Captured
• All critical event dates
• All values (proposed, target & final)
• Tax rates
• Tax amounts
• Appeal status
• Tax savings
Robust Reporting
• Standard
• Customized
• Push alerts
Client Connect
• 24/7 Portal
• Dashboard Interface
• KPI’s
17
Client Connect The Information You Need, When You Need It
WWW.MFPOER.COM Marvin F. Poer and Company Property Tax Services Overview
Benefits
18
Aggressive Ongoing Review and Appeal Program
Improved Property Tax Due Diligence Process
Consistent Understanding of Issues and Priorities
Save Money and Add Value to Your Assets
Increase Investor’s Confidence
Improved Reporting to Management and Investors
Tax Information in One Place Available 24/7
Our goal is to exceed
your expectations.
We strive to go
above and beyond
with everything we
do and the solutions
we bring to you.
WWW.MFPOER.COM Marvin F. Poer and Company Property Tax Services Overview
Why POER?
19
Marvin F. Poer and Company
delivers best in class service
as a proven market leader,
with local teams providing
superior quality, and a focus
on maximizing value while
delivering an exceptional
customer experience.
Client Focused
Local Expertise
Experienced Professionals
Results Oriented
Stability
Leading Edge Technology
Resources of the largest independent tax consulting firm
The Clear Choice. The Clear Difference.
The first choice for experience and excellence in property tax services.
20