The Hegwood Group Blog

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Let’s Break Down Your Commercial Property Tax Bill

Posted on April 12, 2023

By Rodney Hegwood, Founding Partner A commercial property tax bill is an invoice sent from a local government to the owner of a property detailing the amount of taxes owed. In Dallas County, for example, bills are typically issued once a year, usually in October or November, and due by January 31st of the following […]

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Understanding Property Tax Assessments

Posted on March 15, 2023

Property is a great investment and can be a powerful income stream, but it comes with its own responsibilities. The most onerous, and sometimes the biggest in impact, is property taxes. As you probably know, the Texas Tax Code (Section 23.01) requires the appraisal of taxable property at market value by each January 1st, to […]

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Pros and Cons of Tax Deferment for Commercial Property Owners

Posted on February 13, 2023

Capital gains are realized, recognized, and taxes levied, every time you sell real estate. What you may not know is that those commercial property taxes may be deferred indefinitely. Tax deferment for commercial properties means you can delay those payments without getting into trouble with the IRS or stacking up back taxes and penalties. Wondering […]

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Top 5 Questions to Ask Before Hiring a Commercial Property Tax Consultant

Posted on January 31, 2023

A commercial property tax consultant can get your business’s tax bill under control. Protesting your commercial property tax is a highly bureaucratic process, and an experienced tax consultant can prepare convincing arguments and meet strict deadlines. Due to this endeavor’s financial importance, you must find the best property tax consultant in Dallas to pursue your […]

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Commercial Property Tax Resolutions for 2023

Posted on December 30, 2022

As a commercial property owner, it is important to always be prepared for tax season. With the new year approaching, now is the time to start planning and strategizing for your 2023 taxes and beyond. Tax resolutions are an essential part of any business plan as they help you save money on your taxes and […]

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Should You Pay Your Commercial Property Taxes Early?

Posted on November 28, 2022

By Senior Property Tax Consultant, Rodney Hegwood Local taxing authorities send their property tax bills months in advance because most businesses need some time to gather the money to pay them. Like many other business owners, you probably put off paying the bill until close to the due date, but early payment could be the […]

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