Most of my recent columns have focused on tips for homeowners, but I know there are many business owners who also need some advice.
This is the time of year that business owners have to submit information to the appraisal district. If you are a business owner and you own tangible personal property that is used to produce income, then you must file a rendition with the appraisal district by April 15. However, since April 15 is a Saturday this year, the state tax code moves the filing deadline to the next business day which is
Monday, April 17.
Tangible personal property is physical property that you can touch. This would include any inventory and equipment used by a business to produce income. Examples would be office furniture, computer equipment, supplies, inventory, raw materials, work in process and business vehicles, vessels or aircraft.
A rendition is a report that lists all the taxable personal property you owned or controlled on January 1 of this year.
If you filed a rendition last year, we mail you a rendition packet. However all business owners are required to file renditions whether or not they have received a rendition packet.
We started mailing rendition forms mid-December so many of you should have received your rendition forms. If you have not or do not receive one by the beginning of March, a rendition form is available on the appraisal district’s website at www.hcad.org. Use the search option at the top of the screen and type in renditions. There you can find the forms and more information about renditions.
Some renditions may be filed electronically using HCAD’s iFile system. If a unique iFile number is printed on your rendition form below the account number, then you may submit your rendition online by going to www.hcad.org/ifile. If no iFile number is printed on your rendition form, then you will have to complete and file the form manually.
If you do have questions, the appraisal district is offering rendition workshops throughout the county. Three workshops will be held at the appraisal district offices at 13013 Northwest Freeway from 1 p.m. to 5 p.m. March, 29 and April 12 and from 8 a.m. to noon on April 8. Two workshops will be held offsite. All the workshops will be posted on the appraisal district website at www.hcad.org and on the district’s Facebook page.