Business Personal Property
When owning a business, the tangible assets that are used to produce income are required to be rendered. Rendering is a method that is used to determine the value of a business by providing data of furniture & fixtures, equipment, machinery, raw materials, computers, and inventory held for sale or rental. Our business personal property appraiser will visit new and existing business locations to educated property owners on the process of the rendition, what can and cannot be rendered for property tax purposes, and to provide a point of contact. A tour of the facility may be requested to audit the current inventory.
To locate information including a list of the most frequently asked questions for Business Personal Property. Visit our website at WCAD.org and select BPP FAQ or the Support Center.
WCAD
625 FM 1460
Georgetown TX 78626-8050
Note: If no rendition is filed or if it’s received late, a 10% penalty will be assessed on the property tax bill.
This can be relayed by completing section 1 of the rendition form and listing that information specifically.
Business sold, moved, or closed?
It’s important to notify WCAD that you have closed your
business to ensure that we have updated our records so future tax bills will
not be generated. Section 4 for the Rendition form will allow the business
owner the ability to list the date the business was sold, moved, closed, or new
location address. Supporting document should be provided when closing the
business such as cancelled Sales Tax ID from the State Comptroller, Inactive
SOS status from Secretary of State, DBA abandoned – Wilco Co Clerks office,
Cancelled or Final Utility Bill, “Final” prior year IRS tax return, or lease
termination.
Filing Extension
A filing extension can be requested in writing, the request must be submitted the day of or before April 15th allowing the rendition deadline to be May 15th. To request a rendition extension an email address can be sent to Renditions@wcad.org with the quick reference number listed in the subject line. The quick reference number can be located at the top left corner of the screen on the property search function or at the top right on the Notice of Appraise Value.
For questions pertaining to who can file a rendition, what should be rendered, and the deadlines? Review the checklist: https://support.wcad.org/portal/en/kb/search/bpp
Notice of Appraise Value/Protest
Notice of Appraise Values will be sent in June-August informing business owners of the new purposed value. Business owner will have 30 days from the date of the notice to file a timely protest by completing the paper copy included with the notice.
The Quick Ref ID which is also known as a parcel number can be located at the top left corner of the Notice of Appraise Value or at the top left corner on the Property Search Function after searching for the property. All Business Personal Property Quick Ref ID will start with a P for Personal Property.
Upon submission of the protest form, a date and time for the protest hearing. The Notice of Protest Hearing will be mailed at least 15 business days before the scheduled hearing.
Related Articles
Is my Business Personal Property Rendition information confidential?
Is my Business Personal Property Rendition information confidential? Yes. Information contained in a rendition cannot be disclosed to third parties except in very limited circumstances. In addition, the Texas Property Tax Code specifically provides ...Where should the business personal property rendition be filed?
The website allows businesses to file online by using your email address. You may also use the following address or email: Williamson Central Appraisal District Business Personal Property Division 625 FM 1460 Georgetown TX 78626-8050 ...What Happens If I Do Not File A Business Personal Property Rendition, Or File It Late?
If you do not file a rendition, the appraised value of your property will be based on an appraiser’s estimate using comparable business types. In addition, if you fail to file your rendition before the deadline, or you do not file it at all, a ...What is a Rendition for Business Personal Property?
What is a Rendition for Business Personal Property? A rendition is a form that provides the Appraisal District with taxable business property information. The form must be filed by April 15th each year. Included in the form is the business name and ...Business Personal Property FAQ
Who must file a rendition? Renditions must be filed by both owners of tangible personal property that is used for the production of income and owners of tangible personal property on which an exemption has been cancelled or denied. What types of ...