Business Personal Property Frequently Asked Questions

 

What is Business Personal Property?
Business Personal Property consists of every kind of property owned by the business that is not real property. It must be movable without damage to itself or the real estate.

 

Who must render Business Personal Property?
All businesses, except those with an exempt status on January 1st of any year.
Business is defined as: retail stores, distribution, manufacturers, professionals – doctors, lawyers, dentists, business services – any activity located in Clay County except those with an exempt status such as banks, churches, schools, county, state and federal offices, etc.

 

How do I register my business with the county?

You can visit http://www.claycountymo.gov/assessor and print a Business Personal Property Registration Form, fill it out and send it in or come in to one of our 2 locations and do it in person.

 

Can I get a breakdown of the assessed value on my account?

Business personal property values can be retrieved online at http://www.claycountymo.gov/assessor after June 1 of each year.  If that isn't enough of a breakdown, please put your request in writing via e-mail or postal service.  Our e-mail address is:  bppassessor@claycountymo.gov.

 

May I have an extension for filing my Business Personal Property declaration?

Declarations are due March 1.  Written requests for an extension must be received by March 1, and extensions can only be granted to April 1.

 

Can I fax my Business Personal Property declaration in?

Yes, please use fax # (816) 407-3461.

 

How do I appeal my values?

  1. Informal: Will be conducted between April 1 and May 1 by the Assessor's staff of appraisers. Call (816) 407-3520 between 8:30am and 4:30pm Monday-Friday for an appointment.
  2. Board of Equalization:  Following informal hearings, taxpayers may appeal to the Board of Equalization (BOE). Forms for making application to appeal to the BOE are available at the County Clerk’s office at (816) 407-3582.
  3. State Tax Commission:  Appeals must be received by the State Tax Commission by August 15th or within 30 days of the BOE decision. Taxpayers must first present an appeal to the BOE before appealing to the State Tax Commission.

 

Can I get a value for my business account?

Business Personal Property values can be retrieved on line at http://www.claycountymo.gov/assessor as of June 1 each year.

 

What type of equipment should be claimed?
Anything that is used for the business that is not considered inventory (for sale).
Examples: office fixtures, office equipment, displays, office furniture, signs, fax copy, machines, phones, file cabinets, office décor, computer equipment (including software), data processing equipment, tools, machinery, high tech equipment (computer driven), slot machines, robotics, construction equipment, etc.

 

What is MACRS?
The Modified Accelerated Cost Recovery System (MACRS) is the current tax depreciation system in the United States. Under this system, the capitalized cost (basis) of tangible property is recovered over a specified life by annual deductions for depreciation.

contact us


Cathy Rinehart
Clay County Assessor


Clay County Courthouse
1 Courthouse Square
Liberty, Missouri 64068
 

phone: (816) 407-3500
fax: (816) 407-3501
email

Office Hours
 

 

Clay County Courthouse Annex
1901 NE 48th St
Kansas City, Missouri 64118
 

phone: (816) 407-3470
fax: (816) 407-3461
business: (816) 407-3460

Office Hours
 

 

GIS/Mapping
234 W. Shrader St, Suite D
Liberty, Missouri 64068
 

phone: (816) 407-3370
fax: (816) 407-3371
email

Office Hours