To figure out tax assessments on businesses, the city relies in part on the confidential income and expense information provided to it.
The Annual Income and Expense Report is especially helpful for determining the value of rental property, said Thomas DeNoto, the city assessor.
DeNoto said he would like the city to begin fining businesses that fail to file the required paperwork. CLICK HERE FOR STORY
For those who want to know more about the form, here's a link.
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