Helping Texas businesses reduce their tax liability with a proven track record of success.
At TBLC, we combine a philosophy of honesty, professionalism, and strict adherence to legal requirements. With a no-risk contingency model, our clients only pay when results are achieved, and our success rate of 97% speaks for itself—always delivering substantial savings.
Many Texas retailers are unknowingly paying double in property taxes due to inaccurate appraisals of inventory. At TBLC, we help businesses navigate Texas Property Tax law and reclaim potentially tens of thousands of dollars in overpaid taxes.
Through data analysis and valuation techniques, we show that less than half of a retailer's inventory accounts for 80% of gross margin. Our method delivers accurate market value assessments, ensuring you don’t overpay in taxes on unprofitable inventory.
TBLC provides expert legal commentary on the complex world of ad valorem taxation in Texas. We advocate for businesses by ensuring that appraisal methods reflect true market value, as mandated by the Texas Constitution.
The model used by TBLC is based on a well-established legal and economic framework. The appraisal methodology adheres to Texas Property Tax Code (PTC) and Supreme Court precedents, focusing on determining the profitability of the inventory in question to estimate its market value. This approach ensures that tax assessments are accurate and legally sound, leading to significant reductions in property tax liabilities for clients. The goal is to determine the most probable price a purchaser would pay for the entire inventory unit, reflecting its true market value.
The table summarizes appraised values from various Texas CADs, ARBs, Arbitrators, SOAH Judge, and Courts, as a percentage of Historical Cost New (HCN). While none of these entities fully embraced the valuation model, they generally accepted or did not oppose its findings due to strong supporting evidence. Many Texas CADs accepted the Good Faith Estimate (GFE) of Market Value (MV) at around 50% of HCN. Over 90% of the cases resulted in accepted or near-GFE values. Some accounts remain pending with settlements expected.
The contract outlines the terms and services offered by Texas Bottom Line Consultants, LLC, including property tax rendition preparation, representation in protests or appeals, and negotiations with County Appraisal Districts (CAD). The contract covers all of the client's locations in Texas that are subject to personal property tax. Additionally, the contract details fees, cancellation policies, and agreement renewal terms, ensuring transparency and clarity between the client and TBLC.