Property tax may be the most overlooked line on the balance sheet, yet it ranks among a company’s largest recurring expenses. In this episode of the SALTovation Podcast, Aprio’s Meredith Smith and Stacey (Roberts) Chamberlain talk with Marcia Shippey-Pryce, Aprio’s Property Tax Practice Leader, to demystify a tax that touches nearly every part of daily life.
Marcia breaks down the fundamentals—how property tax applies to both real property and business personal property, why some states exempt equipment and machinery, and why the decisions that matter most happen at the local level