Tax Services Podcast: Property Tax Audit Trends and Practical Considerations

Property tax audits are becoming more common as local jurisdictions seek additional revenue and leverage improved technology to identify non-filers and reporting discrepancies. As audit activity increases, businesses face heightened scrutiny around asset reporting, leasehold improvements, expensed assets and other areas that can create significant exposure if not properly managed.

In this episode of Cherry Bekaert's Tax Services Podcast, Property Tax Director, Stephen Bell, and Property Tax Manager, Cynthia Plummer, discuss the growing trend of property tax audits and share practical guidance to help organizations prepare. Drawing on decades of experience advising businesses across industries, Stephen and Cynthia explore why audit activity is increasing, which industries are most likely to be targeted, and the common triggers that prompt taxing authorities to take a closer look.

Whether your organization manages property tax filings in a single jurisdiction or across multiple states, this episode offers valuable insights to help you proactively prepare for audits, minimize risk, and identify opportunities to improve property tax compliance and reporting accuracy.

If your organization is facing a property tax audit, managing compliance across multiple jurisdictions or evaluating potential reporting risks, Cherry Bekaert's Property Tax team can help.

Our professionals work with businesses across industries to navigate audit challenges, strengthen compliance processes and identify opportunities to reduce property tax exposure.

Questions? Contact Us: https://www.cbh.com/contact/connect-me-with-a-professional/

Targeted populations transactions offer a powerful, but often misunderstood, pathway to qualify for New Markets Tax Credits (NMTCs). These deals can unlock financing for projects that serve or employ low-income individuals, even when they fall outside traditional geographic eligibility. However, they also introduce unique compliance challenges and require strategic planning to execute successfully.

In this episode of Cherry Bekaert’s Tax Services Podcast, Jason Callaham and Joe Hennessee, Senior Managers in the Strategic Financing Services group, break down the essentials of targeted populations within the NMTC program. They explore:

• What targeted populations are and why they matter
• Common misconceptions and compliance hurdles
• Practical strategies for structuring competitive transactions
• Real-world lessons from a recent youth services project in Alaska

Whether you’re a nonprofit, business sponsor or investor, this conversation offers actionable insights to help you leverage targeted populations effectively and deliver meaningful community impact.

New Markets Tax Credits (NMTCs) continue to be a transformative tool for driving economic development and revitalization in underserved communities. With the recent passage of legislation making the NMTC program permanent beginning January 1, 2026, organizations now have long-term certainty to plan and invest in impactful projects.

In this episode of Cherry Bekaert’s Tax Services Podcast, Laurel Tinsley, Strategic Financing Services Leader, speaks with Emma Wyatt, Chief Operating Officer of The Innovate Fund, about how NMTCs are being leveraged to create meaningful outcomes across a six-state service area. The conversation explores how The Innovate Fund identifies and structures projects that generate quality jobs, improve health and wellness, and align with long-term community goals.

Discover how Cherry Bekaert's Strategic Financing Services team and the Innovate Fund are working together to strengthen local economies and support sustainable growth.