The Swartz Report: Property Tax Deadlines are Coming Soon

Post written by Donald Swartz, President and Principal at Swartz + Associates, Inc. | Lover of Chiefs, Royals and golf | Avid “Cruiser” | Poker Enthusiast

February is always an interesting time for our business – we can only prepare so much for the property tax filing deadlines because we’re dependent upon our clients’ year-end information.

This typically isn’t completed until the end of January and forwarded to us in the first week or two in February.

So we try to get ready for the storm that’s about ready to come. It’s a feeling you never really get used to…you’re not too busy and then you get busy. And then you get REALLY busy.

As an example, business personal property tax deadlines in New Mexico, Oklahoma, Missouri and Wyoming are due on March 1st and March 15th.  All of the sudden we have 30 days or less to complete and review all of these filings.

This doesn’t include the real estate values which Johnson County, KS issued in mid-February (commercial values – residential will be issued March 1st. The appeal deadline for commercial real estate in Johnson County is March 14th – busy indeed!

I’m certainly not complaining, but even after 30+ years in the business, it’s hard to explain the knot in your stomach that occurs each year around this time. I’m fortunate to have a staff that has experienced these peaks along with me for several years and I’m confident we will have another successful season representing our clients’ interests.

The following is a quick listing of several states where we have significant experience and expertise. If you have properties in these states, please be aware of the timeframe to file your business personal property statements or appeal your real estate valuations if you believe they’re excessive.

State                 Personal Property Deadline                   Real Estate Deadline

Kansas                 March 15                                                              March 14 – (commercial)

Missouri              March 1                                                                3rd Monday in June

Oklahoma           March 15                                                              Generally in June

Iowa                     Not applicable – Exempt                                 April 30

Colorado             April 15                                                                 May 31

Nebraska             May 1                                                                    June 30

Arkansas              May 1                                                                    Varies

We’re familiar with all state deadlines and if you have properties in states not listed, please contact me at 913-766-8777 and I will be glad to discuss the timeframe and our ability to assist you.