Home 9 Property Taxes 9 Personal Property 9 Annual Compliance Reporting


Unlike real property, personal property is not subject to Proposition 13 limitations and guidelines. Each year’s assessment stands on its own and should generally be protested if the market value exceeds the assessed value. Business Property (personal property and fixtures), are valued as of January 1 of each year. The Assessor determines the value of your personal property as a result of your annual filing of the Business Property Statement (Form 571-L).

Most businesses report their fixed assets annually on Form 571-L but never know how the Assessor arrives at a value. The appraisers at ACS excel in making sure that your personal property taxes are fair and reasonable.


Our firm has represented thousands of taxpayers ranging in size from multi-billion dollar corporations to private individuals. As a result of our expertise and broad range of experience, we have obtained millions of dollars in refunds and tax savings for our clients. Assessment Counselling Services represents a diverse cross section of the business community throughout the state of California.