Excise & Property Taxes
Why Excise & Property Taxes Matter
Excise and property taxes involve specialized rules that vary by industry and jurisdiction. Misclassification, missed deadlines, or inaccurate assessments can result in penalties or long-term overpayment.
Our CPAs support excise and property tax compliance, assessment reviews, and appeals where appropriate. We help businesses meet filing obligations, reduce overpayment, and manage multi-jurisdiction requirements with clarity and control.
What's Included
- Excise tax return preparation and ongoing compliance support
- Property tax assessment review and appeal representation
- Multi-state excise and property tax filing coordination
- Exemption and deduction eligibility analysis
- CPA-backed documentation, audit support, and defense
We Help With
- Uncertainty around which goods or services are subject to excise tax
- Inconsistent property tax assessments that result in overpayment
- Missed or upcoming deadlines for excise and property tax filings
- Missing or inadequate documentation for deductions and exemptions
- Complex multi-jurisdictional excise and property tax requirements
Explore More Sales & Specialized Tax Services
Excise and property taxes are just one area of our specialized tax support. Explore other services in our Sales & Specialized Tax category:
- Sals & Use Tax Compliance — accurate filings across states
- Nexus Discovery & Compliance — identify and manage multi-state obligations
- Audit Sampling & Compliance Review — defend your business during audits
- Sales Tax Exemptions — ensure exemptions are valid and defensible
- Indirect Tax Recovery — recover overpaid taxes and boost cash flow
FAQs: Excise & Property Taxes
Excise and property taxes follow specialized, industry-specific rules that vary by jurisdiction. These FAQs explain how excise tax differs from sales tax, when obligations apply, how property assessments can be challenged, the impact of missed deadlines, and how multi-state compliance is handled.
What is excise tax, and how does it differ from sales tax?
Excise tax applies to specific goods, services, or activities — such as fuel, alcohol, telecommunications, or environmental fees — and is often embedded in the price rather than added at checkout. Sales tax applies more broadly to retail transactions. Excise taxes typically involve industry-specific rules and reporting requirements, making compliance more technical.
Can property tax assessments be challenged?
Yes. Property tax is based on assessed value, which does not always reflect fair market value. If a property is overassessed, your business may be overpaying each year. Our CPAs review assessments, analyze valuation data, and guide the appeal process to reduce property tax liability where appropriate.
What happens if my business misses an excise or property tax filing deadline?
Missing a deadline can result in penalties, interest, and increased audit risk. In some jurisdictions, late filings may also limit your ability to challenge assessments or claim exemptions. Our CPAs help ensure deadlines are met and assist in correcting issues when filings are already overdue.
Do small businesses need to worry about excise tax?
Yes. Excise tax obligations are based on the nature of your activities, not business size. Small businesses operating in excise-taxed industries can face the same compliance requirements as larger companies. Identifying exposure early helps prevent unexpected liabilities and penalties.
How do multi-state property and excise taxes work?
Each state and locality sets its own excise and property tax rules. Businesses with assets or excise-taxable activities across multiple jurisdictions must track varying filing requirements, rates, and deadlines. Our CPAs coordinate compliance across states to reduce risk and maintain consistency.
