Unlock Tax Savings: How Kansas Property Owners Can Appeal Their Valuations

Kansas property owners will soon receive their annual Notices of Value in late February and early March, reflecting the county assessor’s opinion of fair market value as of January 1, 2025. These valuations play a direct role in determining property tax liabilities, yet many businesses and commercial property owners may not realize they have an opportunity to appeal if the valuation seems inaccurate.

For CPA firms, this represents a key opportunity to add value to client relationships by proactively discussing property valuations and potential appeals. Helping clients assess whether their property tax assessments are fair can lead to significant tax savings and demonstrate a proactive approach to financial management.

Property taxes can be a substantial financial burden, and many businesses overlook the appeal process simply because they are unaware of their rights or lack the time and expertise to challenge valuations. CPAs can play a crucial role in educating clients about the importance of reviewing their assessments and engaging professional property tax appeal services when warranted.

When reviewing a client’s property tax notice, consider the following:

• Market Conditions: Has the property’s value changed due to economic shifts, vacancies, or local market trends?
• Assessment Comparisons: Are similar properties in the area assessed at lower values?
• Errors in Assessment: Has the county made incorrect assumptions about property details, such as size, condition, or use?

Initiating an appeal typically begins with an informal discussion with the county assessor within 30 days of the notice’s date. This provides an opportunity to present supporting evidence for a reduced valuation. If the assessor denies the appeal or offers an unsatisfactory adjustment, clients can escalate their case to the Kansas Board of Tax Appeals (BOTA) for a more formal review.

By incorporating property tax assessment reviews into your advisory services, your firm can strengthen client relationships and help them identify meaningful tax-saving opportunities. Encouraging clients to evaluate their assessments each year ensures they are not overpaying, and when necessary, working with a trusted property tax professional can simplify the appeals process.

Now is the time to reach out to your clients, review their Notices of Value, and explore potential appeal opportunities. Taking a proactive approach to property tax management can lead to direct financial benefits and reinforce your firm’s role as a strategic advisor.

Contact our Fixed Asset Services team if you have any questions regarding property tax assessments or appeals.