Per Chapter 22 of the Texas Property Tax Code, all tangible taxable personal property used for the production of income (i.e., business personal property, or BPP) that a company owns or manages and controls as a fiduciary on January 1 must be “rendered” for taxation.

From time to time we get questions from clients (or potential clients) who want to know the functions or purpose of a private consulting firm like Pritchard & Abbott, Inc. 

P&A is committed to the uniform and accurate appraisal of all pipelines. Beginning tax year 2015 we’ve instituted a new policy regarding pipelines we appraise using the Cost Approach.