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Is there a statue of limitations in Texas on business personal

property taxes?...
Is there a statue of limitations in Texas on business personal property taxes?
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7/24/2013
Megan C
Megan C, Certified Public Accountant (CPA)
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Satisfied Customers: 16,592
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MyVirtualCPA :

Thanks for asking your question! I'm sorry to hear about your tax issue and I'm going to try my best to help you understand or resolve it.

MyVirtualCPA :

The statute of limitations on personal property taxes in Texas is 4 years/

MyVirtualCPA :

You can read this in the code, here: http://codes.lp.findlaw.com/txstatutes/TX/1/E/33/A/33.05

MyVirtualCPA :

I mean to say, the statute is 10 years, but they cannot seize assets and file a suit after it's 4 years delinquent

MyVirtualCPA :

Is there anything else that I can assist you with tonight?

MyVirtualCPA :

If not, please rate my response as "excellent" so that I may receive credit for assisting you today

Megan C
Megan C, Certified Public Accountant (CPA)
Category: Tax
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Hello, Daniel

I see that we were having trouble in live chat. If you would, please review my response. If satisfied, rate me as "excellent" so that I may receive credit for assisting you today. If you need further information, please reply below. Thanks.
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