Thinking of Appealing a Virginia Tax Assessment?
by AccountingWeb on
According to the Virginia Tax Commissioner, the Virginia appeals division received over 500 cases each year over the last 4 years. Over the last 12 months, the appeals division has reduced their inventory by 34%. During 2011, appeals has closed 478 cases, and as of November 1, 2011, appeals had an inventory of 387 cases. The main reason for the large inventory and delay in resolution of cases is disputed or incomplete facts. Incomplete facts cause the need to obtain additional information and slows down the process. If you are thinking of appealing a Virginia Tax Assessment, a proper strategy and approach may not only ensure a more favorable and fair result, but may also decrease the delay in obtaining a resolution.