A Guide for Your Wood County Business

Dear Business Owner:

I have prepared this document to assist you in completing your business personal property return. I applaud your efforts and contributions to our community as a business owner. It is important to me that our business community continues to thrive and create jobs for our citizens, and your business helps accomplish this vital goal. As your Assessor, I am directed by West Virginia State Law to have businesses file returns listing personal property and real property by the deadline October 1. State law also directs the Assessor to prepare estimated returns for those businesses that do not respond by the October 1 deadline. Therefore, previous filers who file late or do not file will have a 10% increase added to the prior tax year’s value. In addition, West Virginia State Code 11-3-10 directs the Assessor to impose a fine of $25-$100 for non-filers. Most importantly, you forfeit the right to challenge erroneous or over-estimated values. It is important to note that State law mandates these regulations.

As your Assessor, my number one priority is to serve the citizens of Wood County as fairly and honestly as possible. My staff stands ready to assist you in a courteous and helpful manner. If you have any questions, please stop by my office or call 424-1875.

Sincerely,

Rich Shaffer- Assessor

Please Note:

Your Assessor does not set your property tax. Your tax bill is determined by multiplying a tax rate against your assessed value (60% of market value). Remember, the Assessor determines your assessed value and the levy rate is determined by the legislature (for the Board of Education), the county commission and the municipalities. Levy rate sheets are prepared for your convenience and may be obtained in the Assessor’s Office.

 

 

Location
The Judge Black Annex

Contact Information

Business (304) 424-1889
or (304) 424-1885

Hours of Operation

Monday-Friday 8:30am-4:30pm

Mailing Address
Wood County Assessors Office
#1 Court Square Suite 302
Parkersburg, WV 26101

 

Jamie Wolfe




BUSINESS TAXES CAN BE ESTIMATED USING THE FOLLOWING FORMULA:

MARKET VALUE OF BUSINESS X 60% = ASSESSED VALUE

ASSESSED VALUE X LEVY RATE = TAX (FULL YEAR)