Body damage, rusting, and high mileage are conditional factors for which adjustments in value are most frequently made. Other acceptable documentation would be a copy of an insurance company estimate describing the condition and cost to repair the damage. If your appeal is for high mileage adjustment, please attach a copy of the latest safety inspection slip, vehicle repair or similar documentation which shows the mileage. Business personal property is depreciated and taxed based on percentage of original cost. A new depreciation schedule for computer equipment was implemented as of January 1, 2000.
All returns are subject to local tax audit.