Orange County Businesses Have to Render Their Equipment Every Year

Business personal property is the stuff a business uses to operate: inventory, equipment, furniture, tools, and similar items. Orange CAD uses a January 1 snapshot, and the rendition is due April 15.

Filing matters. Rendered business-property accounts can receive a $125,000 exemption. If the property is worth $125,000 or less and the right box is checked, the owner may not have to file again unless the value rises.

Missing the rendition can hurt. Penalties run from 10% to 50% for a late, missing, or incomplete filing. If you need more time, a written extension request by April 15 can move the deadline to May 15.