Available in All Kansas Counties
Taxscribe transforms tax management for business owners and CPAs in Kansas, streamlining the shift from paper forms to efficient online filing. Offering advanced user management, easy data import, intuitive form completion, smooth submission processes, and comprehensive analytics, Taxscribe makes tax filing easier. It ensures businesses of every scale effortlessly navigate Kansas’s tax compliance requirements.
Available Forms:
- - Personal Property Assessment Form
What is Business Personal Property?
In Kansas, business personal property refers to tangible, movable assets like equipment, furniture, computers, and inventory.
In Kansas, business personal property refers to tangible, movable assets like equipment, furniture, computers, and inventory.
Who should file a Personal Property Return?
Any entity that owns or holds tangible personal property to establish or operate a business must report it, but filing an annual rendition is no longer required if there are no changes to the property.
Any entity that owns or holds tangible personal property to establish or operate a business must report it, but filing an annual rendition is no longer required if there are no changes to the property.
When you should file:
The deadline to file a business personal property rendition with the County Appraiser’s Office is March 15th.
The deadline to file a business personal property rendition with the County Appraiser’s Office is March 15th.
Exemptions:
- Machinery, equipment, materials, and supplies with a retail cost when new of $1500 or less per item for tax year 2007, and all tax years thereafter, are exempt property
- Machinery and equipment acquired by qualified purchase or lease made or entered into after June 30, 2006, as the result of a bona-fide transaction not consummated for the purpose of avoiding taxation is exempt from property taxation in Kansas.
- Machinery and equipment transported into the state after June 30, 2006, for the expansion of an existing business or the creation of a new business is also exempt from property taxation in Kansas.
- Machinery, equipment, materials, and supplies with a retail cost when new of $1500 or less per item for tax year 2007, and all tax years thereafter, are exempt property
- Machinery and equipment acquired by qualified purchase or lease made or entered into after June 30, 2006, as the result of a bona-fide transaction not consummated for the purpose of avoiding taxation is exempt from property taxation in Kansas.
- Machinery and equipment transported into the state after June 30, 2006, for the expansion of an existing business or the creation of a new business is also exempt from property taxation in Kansas.
Important Notes:
- Businesses only need to file a rendition with their county appraiser if they have new or changed business personal property after the initial filing.
- All questions should be directed to your local county appraiser.
- Businesses only need to file a rendition with their county appraiser if they have new or changed business personal property after the initial filing.
- All questions should be directed to your local county appraiser.
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