As part of our dedication to good service, at State Tax Management we are committed to do a good, thorough job. Today we live in a culture of working "quickly" rather than "carefully" tending to a matter. Rather than taking a rake to gather up easy savings, we prefer to take the hammer and chisel approach, looking at issues closely.
For example, a property manager with several retail properties in LA County approached us about our direct assessment work. They had been working with another consulting firm for several years and were able to realize some substantial savings. When we took them on, our team went through and looked at everything that had been done very closely. We discovered several missed opportunities. There were years to which applicable reductions had not been applied, additional leveraging issues that were not pursued, as well as entire assessments that apparently had not been reviewed.
Our efforts resulted in additional refunds of approximately $175,000 in just the first year of analyzing the group of properties. And many of the reductions were permanent changes that the property owners have continued to benefit from for several years.
$14,116 in refunds in one year.
$163,457 in refunds in one year.
$414,037 in refunds in one year.
$15,357 in annual savings following.
$32,550 in refunds in two years.
$23,612 in refunds in one year.
$12,264 in annual savings following.
$6,580 in refunds in two years.
$40,070 in refunds in one year.
$49,195 in refunds in one year.
$6,507 in refunds in one year.
$1,599 in annual savings following.
$10,723 in refunds in one year.
$26,059 in refunds in one year.
$22,033 in refunds in one year.
$13,879 in annual savings following.