Development cost of software or any modification cost to software, whether done internally by the taxpayer or externally by a third party to meet customer specific needs, is excluded and should not be reported regardless of year of acquisition. This specialized software cost should be deleted if reported previously. Software purchased or licensed from an unrelated entity and capitalized on a taxpayer’s books must continue to be reported.

http://www.ncleg.net/Sessions/2013/Bills/Senate/PDF/S490v5.pdf

Silver Oak Advisors’ founders bring over 40 years of Big 4 and Industry property tax experience. Silver Oak is based in Atlanta and was formed to provide taxpayers in need of property tax assistance, former Big 4 and industry experienced professionals with specific industry and/or property expertise in addition to working knowledge and relationships with the specific taxing jurisdictions.

Contact us for a no-cost/no-obligation review of your real and personal property assessments. Silver Oak Advisors does not utilize staff in these areas. These no-cost/no-obligation reviews are handled by our Directors. We believe you deserve 40 years of Big 4 and industry experience in Complex and Industrial properties and a history of results.

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