Monday, January 13, 2014

CLATSOP COUNTY TAX DEPARTMENT OFFERS CLASS FOR BUSINESS OWNERS

   The Clatsop County Assessment and Taxation Department will host a Business Personal Property training course Tuesday, Jan. 21.
The training will provide business owners information on what is considered personal property in business and how to file returns, and explain tax calculations and collection laws. The course is free of charge.
All businesses are required to file a Confidential Personal Property Return with the county assessor’s office each year.
The class will be offered 10 to 11 a.m. at the Judge Guy Boyington Building, 857 Commercial St., Astoria.
Due to limited space, reservations are required.
Contact Sirpa Duoos at (503) 338-3674 or by e-mail at sduoos@co.clatsop.or.us to reserve a space in one of the sessions.
Specific subjects to be covered include:
·   History of personal property
·   Exempt personal property
·   Who and what may be assessed
·   Discovery of businesses
·   Filing of annual return, deadlines and extensions
·   Late filing penalties
·   How to fill out Confidential Personal Property Return – step by step instructions
·   How value is calculated and depreciated
·   Environmentally sensitive logging equipment
·   Failure to file – what happens
·   Appeals on value assessed
·   Confidentiality of returns
·   Taxes, liens and warrants

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