SlideShare a Scribd company logo
1 of 3
Download to read offline
Harris County Appraisal District News Release
For additional information contact Jack Barnett, Communications Officer, 713-957-5663
________________________________________________________________
April 5, 2016
Businesses Must Report Taxable Property By April 15
Houston — If you own a business and have tangible personal property used to
produce income such as office equipment or inventory, you must report that property to the
Harris County Appraisal District (HCAD) by April 15.
HCAD is reminding all business owners that they must report personal property to the
appraisal district by filing a rendition listing the property. Personal property is tangible
property that can be owned, but it does not include land or other structures attached to the
land such as buildings or fences. Examples of personal property include computers, desks,
chairs, office supplies, business inventory, machinery and vehicles used to produce
income, along with other items used in the business.
A rendition is a report that lists all the taxable property the business owner owned or
controlled on January 1 of this year that was used in or for the business. Property includes
inventory and equipment used by a business. Owners do not have to render exempt
property, such as church property or an agriculture producer’s equipment used for farming.
Business owners do not have to render if they believe the total value of their personal
property is less than $500.
Some renditions may be filed electronically using HCAD’s iFileTM
system. If a
unique iFileTM
number is printed on the rendition form below the account number, the
owner may render online by going to www.hcad.org and clicking “iFile A Rendition.” If
no iFileTM
number is printed on the rendition form, the owner will need to complete and
file the form manually.
(more)
Page 2
“The appraisal district may use the information submitted in the rendition to set
property values,” said Sands Stiefer, chief appraiser. “Property owners can also file a
report of decreased value to notify the appraisal district of significant depreciation of the
property.”
For example, if the property was damaged by a storm, flood or fire last year, the
owner should file a report of decreased value. The appraisal district then will look at the
property before assigning a value in 2016, Stiefer said.
The last day to file a rendition or report of decreased value is April 15. If a rendition
is not filed, filed late or not complete, a 10 percent penalty may be imposed. Filing a
fraudulent rendition carries a 50 percent penalty if found guilty.
Property owners who need more time to file their renditions may file a written request
with the chief appraiser on or before April 15 to receive an automatic extension to May 15
or the next business day. The chief appraiser may also grant an additional 15 days after the
postponed deadline, if necessary.
To help business owners complete the required personal property rendition forms
before the April 15 filing deadline, the appraisal district is offering free workshops.
Rendition workshops have been scheduled throughout the county. Participants can
attend at any time during the scheduled hours and typically will be able to complete the
process in about an hour. There is no charge to attend.
The remaining workshops will be conducted at the following locations:
• Saturday, April 9 8 a.m. to Noon
HCAD Offices, 13013 Northwest Freeway, Houston – 6th
floor
• Wednesday, April 13 1 p.m. to 5 p.m.
HCAD Offices, 13013 Northwest Freeway, Houston – 6th
floor
Those who attend will be able to consult individually with appraisal district staff who
will explain personal property taxation and rendition requirements and will answer
questions about completion of the rendition forms.
(more)
Page 3
The appraisal district has already mailed personal property rendition forms to
businesses known to have been operating in Harris County during 2015. However, all
business owners are required to file renditions whether or not they have received
notification. A rendition form is available on the appraisal district’s website at
www.hcad.org under the “Forms” tab along with information on the rules of the process.
Business owners with questions about the rendition requirements are encouraged to
attend any of the workshop sessions or call the appraisal district’s Information Center at
713.957.7800.
For more information about rendering property, deadline extensions, penalties and
rendition forms, taxpayers may call the appraisal district’s Information Center at
713.957.7800.
About HCAD
The Harris County Appraisal District is a political subdivision of the State of Texas
established in 1980 for the purpose of discovering and appraising property for ad valorem
tax purposes for each taxing unit within the boundaries of the district. The district has
more than 1.7 million parcels of property to assess each year with a total market value of
approximately $526 billion. The appraisal district in Harris County is the largest in Texas,
serving approximately 500 taxing units, and one of the largest appraisal districts in the
United States. For further information, visit www.hcad.org.
# # #

More Related Content

Similar to Businesses must report taxable property - Harris county Appraisal District

Business Matters Presentation June 2015
Business Matters Presentation June 2015Business Matters Presentation June 2015
Business Matters Presentation June 2015
Megan Evans
 
Meadows Bank SBA Loan Application
Meadows Bank SBA Loan ApplicationMeadows Bank SBA Loan Application
Meadows Bank SBA Loan Application
John J Beaubien
 
4102018 Bookshelf Online Principles of Fraudhttpsonl.docx
4102018 Bookshelf Online Principles of Fraudhttpsonl.docx4102018 Bookshelf Online Principles of Fraudhttpsonl.docx
4102018 Bookshelf Online Principles of Fraudhttpsonl.docx
alinainglis
 

Similar to Businesses must report taxable property - Harris county Appraisal District (20)

Hcad offers rendition workshops for businesses
Hcad offers rendition workshops for businessesHcad offers rendition workshops for businesses
Hcad offers rendition workshops for businesses
 
Guide to personal property rendition
Guide to personal property renditionGuide to personal property rendition
Guide to personal property rendition
 
First time property owner in Texas
First time property owner in TexasFirst time property owner in Texas
First time property owner in Texas
 
HCAD Flood damage
HCAD Flood damageHCAD Flood damage
HCAD Flood damage
 
Freeport exemption dcad
Freeport exemption dcadFreeport exemption dcad
Freeport exemption dcad
 
Dallascad BPP Exempt FP Web
Dallascad BPP Exempt FP WebDallascad BPP Exempt FP Web
Dallascad BPP Exempt FP Web
 
Dallascad - Protest Process 2017
Dallascad - Protest Process 2017Dallascad - Protest Process 2017
Dallascad - Protest Process 2017
 
Dallas Central Appraisal District The Protest Process
Dallas Central Appraisal District The Protest ProcessDallas Central Appraisal District The Protest Process
Dallas Central Appraisal District The Protest Process
 
ARB Applicant solicitation
ARB Applicant solicitationARB Applicant solicitation
ARB Applicant solicitation
 
2017 General Rendition Information - TCAD
2017 General Rendition Information - TCAD2017 General Rendition Information - TCAD
2017 General Rendition Information - TCAD
 
Business Matters Presentation June 2015
Business Matters Presentation June 2015Business Matters Presentation June 2015
Business Matters Presentation June 2015
 
Your rights-under-the-fcra
Your rights-under-the-fcraYour rights-under-the-fcra
Your rights-under-the-fcra
 
Hcad public accessinfo
Hcad public accessinfoHcad public accessinfo
Hcad public accessinfo
 
HCAD News Release - June 2017
HCAD News Release - June 2017HCAD News Release - June 2017
HCAD News Release - June 2017
 
sims190
sims190sims190
sims190
 
Meadows Bank SBA Loan Application
Meadows Bank SBA Loan ApplicationMeadows Bank SBA Loan Application
Meadows Bank SBA Loan Application
 
4102018 Bookshelf Online Principles of Fraudhttpsonl.docx
4102018 Bookshelf Online Principles of Fraudhttpsonl.docx4102018 Bookshelf Online Principles of Fraudhttpsonl.docx
4102018 Bookshelf Online Principles of Fraudhttpsonl.docx
 
Productivity Appraisal May Lower The Property Taxes
Productivity Appraisal May Lower The Property TaxesProductivity Appraisal May Lower The Property Taxes
Productivity Appraisal May Lower The Property Taxes
 
Tax Payers Guide To Re-Assessment - 2018
Tax Payers Guide To Re-Assessment - 2018Tax Payers Guide To Re-Assessment - 2018
Tax Payers Guide To Re-Assessment - 2018
 
Finding Information about Private Companies by Chris Roush
Finding Information about Private Companies by Chris RoushFinding Information about Private Companies by Chris Roush
Finding Information about Private Companies by Chris Roush
 

More from cutmytaxes

More from cutmytaxes (20)

Commercial property tax appeal services
Commercial property tax appeal servicesCommercial property tax appeal services
Commercial property tax appeal services
 
Property Tax Strategy
Property Tax StrategyProperty Tax Strategy
Property Tax Strategy
 
2017 Final Tax Brochure
2017 Final Tax Brochure2017 Final Tax Brochure
2017 Final Tax Brochure
 
ARB Protest Hearing Procedues - WallerCAD
ARB Protest Hearing Procedues - WallerCADARB Protest Hearing Procedues - WallerCAD
ARB Protest Hearing Procedues - WallerCAD
 
HFF Investment Overview
HFF Investment OverviewHFF Investment Overview
HFF Investment Overview
 
FY 2017-2018 State Tax Revenue
FY 2017-2018 State Tax RevenueFY 2017-2018 State Tax Revenue
FY 2017-2018 State Tax Revenue
 
Notice of a Public Meeting Agenda - Harris County
Notice of a Public Meeting Agenda - Harris CountyNotice of a Public Meeting Agenda - Harris County
Notice of a Public Meeting Agenda - Harris County
 
Texas Economy Outlook 2017
Texas Economy Outlook 2017Texas Economy Outlook 2017
Texas Economy Outlook 2017
 
May 2017 Rev - Tarrant County
May 2017 Rev - Tarrant CountyMay 2017 Rev - Tarrant County
May 2017 Rev - Tarrant County
 
Property Tax Appeals Real Property Petition and Instructions for Filing
Property Tax Appeals Real Property Petition and Instructions for FilingProperty Tax Appeals Real Property Petition and Instructions for Filing
Property Tax Appeals Real Property Petition and Instructions for Filing
 
2017 Commercial Lending Trends Survey
2017 Commercial Lending Trends Survey2017 Commercial Lending Trends Survey
2017 Commercial Lending Trends Survey
 
Tax Services For Private Capital
Tax Services For Private CapitalTax Services For Private Capital
Tax Services For Private Capital
 
HCAD News Release 2017
HCAD News Release 2017HCAD News Release 2017
HCAD News Release 2017
 
Property Tax Bills 2017
Property Tax Bills 2017Property Tax Bills 2017
Property Tax Bills 2017
 
Tarrant Tax Sale - 2017
Tarrant Tax Sale - 2017Tarrant Tax Sale - 2017
Tarrant Tax Sale - 2017
 
Williamson CAD 2017 Protest Procedures
Williamson CAD 2017 Protest ProceduresWilliamson CAD 2017 Protest Procedures
Williamson CAD 2017 Protest Procedures
 
Commercial Real Estate Market Trends - 2017
Commercial Real Estate Market Trends - 2017Commercial Real Estate Market Trends - 2017
Commercial Real Estate Market Trends - 2017
 
Tax rates 2017
Tax rates 2017Tax rates 2017
Tax rates 2017
 
Property Tax Deferral Disabled Senior Citizens
Property Tax Deferral Disabled Senior CitizensProperty Tax Deferral Disabled Senior Citizens
Property Tax Deferral Disabled Senior Citizens
 
HCAD Workshop Schedule
HCAD Workshop ScheduleHCAD Workshop Schedule
HCAD Workshop Schedule
 

Recently uploaded

9990771857 Call Girls in Dwarka Sector 7 Delhi (Call Girls) Delhi
9990771857 Call Girls in Dwarka Sector 7 Delhi (Call Girls) Delhi9990771857 Call Girls in Dwarka Sector 7 Delhi (Call Girls) Delhi
9990771857 Call Girls in Dwarka Sector 7 Delhi (Call Girls) Delhi
delhimodel235
 
Call Girls In Krishna Nagar Delhi (Escort)↫8447779280↬@SHOT 1500- NIGHT 5500→...
Call Girls In Krishna Nagar Delhi (Escort)↫8447779280↬@SHOT 1500- NIGHT 5500→...Call Girls In Krishna Nagar Delhi (Escort)↫8447779280↬@SHOT 1500- NIGHT 5500→...
Call Girls In Krishna Nagar Delhi (Escort)↫8447779280↬@SHOT 1500- NIGHT 5500→...
asmaqueen5
 
Call Girls in Karkardooma Delhi +91 84487779280}Woman Seeking Man in Delhi NCR
Call Girls in Karkardooma Delhi +91 84487779280}Woman Seeking Man in Delhi NCRCall Girls in Karkardooma Delhi +91 84487779280}Woman Seeking Man in Delhi NCR
Call Girls in Karkardooma Delhi +91 84487779280}Woman Seeking Man in Delhi NCR
asmaqueen5
 
BPTP THE AMAARIO For The Royals Of Tomorrow in Sector 37D Gurgaon Dwarka Expr...
BPTP THE AMAARIO For The Royals Of Tomorrow in Sector 37D Gurgaon Dwarka Expr...BPTP THE AMAARIO For The Royals Of Tomorrow in Sector 37D Gurgaon Dwarka Expr...
BPTP THE AMAARIO For The Royals Of Tomorrow in Sector 37D Gurgaon Dwarka Expr...
ApartmentWala1
 
Call Girls In Seelampur Delhi ↬8447779280}Seelampur Escorts Service In Delhi...
Call Girls In Seelampur  Delhi ↬8447779280}Seelampur Escorts Service In Delhi...Call Girls In Seelampur  Delhi ↬8447779280}Seelampur Escorts Service In Delhi...
Call Girls In Seelampur Delhi ↬8447779280}Seelampur Escorts Service In Delhi...
asmaqueen5
 
9990771857 Call Girls in Dwarka Sector 1 Delhi (Call Girls) Delhi
9990771857 Call Girls in Dwarka Sector 1 Delhi (Call Girls) Delhi9990771857 Call Girls in Dwarka Sector 1 Delhi (Call Girls) Delhi
9990771857 Call Girls in Dwarka Sector 1 Delhi (Call Girls) Delhi
delhimodel235
 

Recently uploaded (20)

Kohinoor Flats In Hinjewadi Phase 2 | Homes Built To Suit Your Needs
Kohinoor Flats In Hinjewadi Phase 2 | Homes Built To Suit Your NeedsKohinoor Flats In Hinjewadi Phase 2 | Homes Built To Suit Your Needs
Kohinoor Flats In Hinjewadi Phase 2 | Homes Built To Suit Your Needs
 
Parksville 96 Surrey Floor Plans May 2024
Parksville 96 Surrey Floor Plans May 2024Parksville 96 Surrey Floor Plans May 2024
Parksville 96 Surrey Floor Plans May 2024
 
SVN Live 5.6.24 Weekly Property Broadcast
SVN Live 5.6.24 Weekly Property BroadcastSVN Live 5.6.24 Weekly Property Broadcast
SVN Live 5.6.24 Weekly Property Broadcast
 
BDSM⚡Call Girls in Sector 57 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 57 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 57 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 57 Noida Escorts >༒8448380779 Escort Service
 
9990771857 Call Girls in Dwarka Sector 7 Delhi (Call Girls) Delhi
9990771857 Call Girls in Dwarka Sector 7 Delhi (Call Girls) Delhi9990771857 Call Girls in Dwarka Sector 7 Delhi (Call Girls) Delhi
9990771857 Call Girls in Dwarka Sector 7 Delhi (Call Girls) Delhi
 
The Gale at Godrej Park World Hinjewadi Pune Brochure.pdf
The Gale at Godrej Park World Hinjewadi Pune Brochure.pdfThe Gale at Godrej Park World Hinjewadi Pune Brochure.pdf
The Gale at Godrej Park World Hinjewadi Pune Brochure.pdf
 
Mahindra Happinest Tathawade Pune Brochure.pdf
Mahindra Happinest Tathawade Pune Brochure.pdfMahindra Happinest Tathawade Pune Brochure.pdf
Mahindra Happinest Tathawade Pune Brochure.pdf
 
Premium Villa Projects in Sarjapur Road Bengaluru
Premium Villa Projects in Sarjapur Road BengaluruPremium Villa Projects in Sarjapur Road Bengaluru
Premium Villa Projects in Sarjapur Road Bengaluru
 
Call Girls In Krishna Nagar Delhi (Escort)↫8447779280↬@SHOT 1500- NIGHT 5500→...
Call Girls In Krishna Nagar Delhi (Escort)↫8447779280↬@SHOT 1500- NIGHT 5500→...Call Girls In Krishna Nagar Delhi (Escort)↫8447779280↬@SHOT 1500- NIGHT 5500→...
Call Girls In Krishna Nagar Delhi (Escort)↫8447779280↬@SHOT 1500- NIGHT 5500→...
 
M3M The Line Brochure - Premium Investment Opportunity for Commercial Ventures
M3M The Line Brochure - Premium Investment Opportunity for Commercial VenturesM3M The Line Brochure - Premium Investment Opportunity for Commercial Ventures
M3M The Line Brochure - Premium Investment Opportunity for Commercial Ventures
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Huda City Centre (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Huda City Centre (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Huda City Centre (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Huda City Centre (Gurgaon)
 
Kohinoor Hinjewadi Phase 2 Pune E-Brochure.pdf
Kohinoor Hinjewadi Phase 2 Pune  E-Brochure.pdfKohinoor Hinjewadi Phase 2 Pune  E-Brochure.pdf
Kohinoor Hinjewadi Phase 2 Pune E-Brochure.pdf
 
Kolte Patil Kharadi Pune E Brochure.pdf
Kolte Patil Kharadi Pune E  Brochure.pdfKolte Patil Kharadi Pune E  Brochure.pdf
Kolte Patil Kharadi Pune E Brochure.pdf
 
M3M 129 E Brochure Noida Expressway, Sector 129, Noida
M3M 129 E Brochure Noida Expressway, Sector 129, NoidaM3M 129 E Brochure Noida Expressway, Sector 129, Noida
M3M 129 E Brochure Noida Expressway, Sector 129, Noida
 
Call Girls in Karkardooma Delhi +91 84487779280}Woman Seeking Man in Delhi NCR
Call Girls in Karkardooma Delhi +91 84487779280}Woman Seeking Man in Delhi NCRCall Girls in Karkardooma Delhi +91 84487779280}Woman Seeking Man in Delhi NCR
Call Girls in Karkardooma Delhi +91 84487779280}Woman Seeking Man in Delhi NCR
 
Purva Soukhyam in Guduvancheri Chennai.pdf
Purva Soukhyam in Guduvancheri Chennai.pdfPurva Soukhyam in Guduvancheri Chennai.pdf
Purva Soukhyam in Guduvancheri Chennai.pdf
 
BPTP THE AMAARIO For The Royals Of Tomorrow in Sector 37D Gurgaon Dwarka Expr...
BPTP THE AMAARIO For The Royals Of Tomorrow in Sector 37D Gurgaon Dwarka Expr...BPTP THE AMAARIO For The Royals Of Tomorrow in Sector 37D Gurgaon Dwarka Expr...
BPTP THE AMAARIO For The Royals Of Tomorrow in Sector 37D Gurgaon Dwarka Expr...
 
Call Girls In Seelampur Delhi ↬8447779280}Seelampur Escorts Service In Delhi...
Call Girls In Seelampur  Delhi ↬8447779280}Seelampur Escorts Service In Delhi...Call Girls In Seelampur  Delhi ↬8447779280}Seelampur Escorts Service In Delhi...
Call Girls In Seelampur Delhi ↬8447779280}Seelampur Escorts Service In Delhi...
 
9990771857 Call Girls in Dwarka Sector 1 Delhi (Call Girls) Delhi
9990771857 Call Girls in Dwarka Sector 1 Delhi (Call Girls) Delhi9990771857 Call Girls in Dwarka Sector 1 Delhi (Call Girls) Delhi
9990771857 Call Girls in Dwarka Sector 1 Delhi (Call Girls) Delhi
 
2k Shot Call girls Aiims Delhi 9205541914
2k Shot Call girls Aiims Delhi 92055419142k Shot Call girls Aiims Delhi 9205541914
2k Shot Call girls Aiims Delhi 9205541914
 

Businesses must report taxable property - Harris county Appraisal District

  • 1. Harris County Appraisal District News Release For additional information contact Jack Barnett, Communications Officer, 713-957-5663 ________________________________________________________________ April 5, 2016 Businesses Must Report Taxable Property By April 15 Houston — If you own a business and have tangible personal property used to produce income such as office equipment or inventory, you must report that property to the Harris County Appraisal District (HCAD) by April 15. HCAD is reminding all business owners that they must report personal property to the appraisal district by filing a rendition listing the property. Personal property is tangible property that can be owned, but it does not include land or other structures attached to the land such as buildings or fences. Examples of personal property include computers, desks, chairs, office supplies, business inventory, machinery and vehicles used to produce income, along with other items used in the business. A rendition is a report that lists all the taxable property the business owner owned or controlled on January 1 of this year that was used in or for the business. Property includes inventory and equipment used by a business. Owners do not have to render exempt property, such as church property or an agriculture producer’s equipment used for farming. Business owners do not have to render if they believe the total value of their personal property is less than $500. Some renditions may be filed electronically using HCAD’s iFileTM system. If a unique iFileTM number is printed on the rendition form below the account number, the owner may render online by going to www.hcad.org and clicking “iFile A Rendition.” If no iFileTM number is printed on the rendition form, the owner will need to complete and file the form manually. (more)
  • 2. Page 2 “The appraisal district may use the information submitted in the rendition to set property values,” said Sands Stiefer, chief appraiser. “Property owners can also file a report of decreased value to notify the appraisal district of significant depreciation of the property.” For example, if the property was damaged by a storm, flood or fire last year, the owner should file a report of decreased value. The appraisal district then will look at the property before assigning a value in 2016, Stiefer said. The last day to file a rendition or report of decreased value is April 15. If a rendition is not filed, filed late or not complete, a 10 percent penalty may be imposed. Filing a fraudulent rendition carries a 50 percent penalty if found guilty. Property owners who need more time to file their renditions may file a written request with the chief appraiser on or before April 15 to receive an automatic extension to May 15 or the next business day. The chief appraiser may also grant an additional 15 days after the postponed deadline, if necessary. To help business owners complete the required personal property rendition forms before the April 15 filing deadline, the appraisal district is offering free workshops. Rendition workshops have been scheduled throughout the county. Participants can attend at any time during the scheduled hours and typically will be able to complete the process in about an hour. There is no charge to attend. The remaining workshops will be conducted at the following locations: • Saturday, April 9 8 a.m. to Noon HCAD Offices, 13013 Northwest Freeway, Houston – 6th floor • Wednesday, April 13 1 p.m. to 5 p.m. HCAD Offices, 13013 Northwest Freeway, Houston – 6th floor Those who attend will be able to consult individually with appraisal district staff who will explain personal property taxation and rendition requirements and will answer questions about completion of the rendition forms. (more)
  • 3. Page 3 The appraisal district has already mailed personal property rendition forms to businesses known to have been operating in Harris County during 2015. However, all business owners are required to file renditions whether or not they have received notification. A rendition form is available on the appraisal district’s website at www.hcad.org under the “Forms” tab along with information on the rules of the process. Business owners with questions about the rendition requirements are encouraged to attend any of the workshop sessions or call the appraisal district’s Information Center at 713.957.7800. For more information about rendering property, deadline extensions, penalties and rendition forms, taxpayers may call the appraisal district’s Information Center at 713.957.7800. About HCAD The Harris County Appraisal District is a political subdivision of the State of Texas established in 1980 for the purpose of discovering and appraising property for ad valorem tax purposes for each taxing unit within the boundaries of the district. The district has more than 1.7 million parcels of property to assess each year with a total market value of approximately $526 billion. The appraisal district in Harris County is the largest in Texas, serving approximately 500 taxing units, and one of the largest appraisal districts in the United States. For further information, visit www.hcad.org. # # #