How to reduce your biggest tax bill: property taxes

January 1, 2004
Mark E. Battersby

Mark E. Battersby is a financial and tax consultant based in Ardmore, PA. For specific questions about taxes and finances, consult a tax adviser. The publisher is not engaged in rendering legal advice.

Tax planning has long been an extremely effective tool used by many urologiststo keep their tax bills to a minimum. Often overlooked in this ongoing battlefor legitimately lower tax bills, however, is the biggest tax bill facedby many physicians and their practices: property taxes. Even those utilizingrented property for their practices are impacted by property taxes.