Reduce Your Costs With This Car Dealer Tax Savings Expert In Moreno Valley

Reduce Your Costs With This Car Dealer Tax Savings Expert In Moreno Valley, updated 6/24/20, 11:27 PM

Moreno Valley, California based Prism Insurance Agency, Inc recently updated its range of professional consultancy solutions for auto dealers looking to take advantage of the engineering-based property cost allocation and property tax reduction programs. Go to https://www.myprisminsurance.com/blog/automotive-dealer-tax-and-cost-reduction.aspx for more info.

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Reduce Your Costs With This Car Dealer Tax
Savings Expert In Moreno Valley CA
If you're an auto dealer looking to improve
profits, the team at Prism Insurance Agency,
Inc have the solution for you! Prism
Insurance Agency, Inc, an insurance agency
in Moreno Valley, California, announced the
launch of an updated range of solutions for
auto dealers.
The experienced insurance
agents can help you take
advantage of the engineering-
based property cost allocation
and property tax reduction
programs.
For auto dealerships,
reducing costs and taxes is
the most convenient way to
improve their profits.
The newly launched
consultancy solutions at Prism
Insurance Agency, Inc aim to
help auto dealers reduce their
costs and become more
successful.
In the case of engineering-based
cost allocation, most taxpayers are
typically correct in depreciating
personal property, such as
equipment and furniture over five
or seven years.
They often neglect available
federal and state tax benefits by
erroneously depreciating their
entire investment in constructing
or acquiring a building over 39
years.
The team at Prism Insurance
Agency, Inc will perform a
complete cost analysis and let
you know how much you are
being overcharged.
The resulting cost allocation report will allow
you to adjust the timing of deductions thus
maximizing tax savings, create a complete
audit trail to resolve any IRS inquiries, capture
immediate retroactive savings on your
qualifying properties and reduce real estate tax
liabilities significantly.
The experienced insurance
agents will help you discover
if you are overcharged on
your property tax bill.
Usually, auto dealers are
overcharged by 20% on their
property taxes because of
improper assessments by the
municipality.
Go to
https://www.myprismins
urance.com for more
info.