thomson reuters property tax

During this time, the rise of property tax was closely tied to political and economic plights on the frontier. Prevent, detect, and investigate crime. Johnson County then appealed to the state Court of Appeals. Examples include: Then apply the municipalitys millage rate (also known as a tax rate). However, a more effective approach is to implement a complete property tax solution. Calculating property taxes vary by state and county. Comprehensive research, news, insight, productivity tools, and more. Search volumes of data with intuitive navigation and simple filtering parameters. Click the links below to view the entity types supported by each state's personal property tax application, along with the forms, schedules, treatment and depreciation information. In other words, they are movable items. shipping, and returns, Cookie Advertising Auto (Force) Travel Management fees Mortgage interest (From 1098) Other mortgage interest Taxes Depreciation (Force) For instance, when calculating real property taxes, the first step is determining the propertys assessed value, which may be done through an appraisal ordered by the local government. When tensions between colonists and British authorities hit a boiling point and the Revolutionary War broke out in 1775, American colonies had a tax structure in place that varied from colony to colony. If you are located outside the United States or for more than 25 pages please contact Customer Service 1-800-328-4880. More for counties impose tax on only 4% of an owner-occupied propertys assessed value. healthcare, More for Since then it has expanded to provide predominantly web-based subscription services to law firms and law departments across a range of specialist subject areas such as corporate, finance, property, tax and intellectual property. management, Document Corporate POWER YOUR TRADE. To illustrate this point, consider the following example: The state charges a yearly motor vehicle registration tax of 1% of value plus 50 cents per hundredweight. In general, due dates typically fall in spring and autumn. Thomson Reuters is a leading provider of business information services. corporations, For corporations. October 27, 2022. Try our solution finder tool for a tailored set Web-based functionality makes property tax processing faster, easier, and more accurate NEW YORK, Dec 18, 2009 /PRNewswire via COMTEX/ -- The Tax & Accounting business of Thomson Reuters recently released the latest version of its Internet-based ONESOURCE(R) Property Tax software. Save, reuse, and share your personalized settings. Work from anywhere and collaborate in real time. 2023 Thomson Reuters/Tax & Accounting. Focus investigation resources on the highest risks and protect programs by reducing improper payments. Join Thomson Reuters as we clarify those concerns and find solutions: Review the four top concerns that surfaced in our 2022 Tax and Accounting Professionals Report. Legal research tools that deliver more precise research and relevant cases with speed and accuracy. "This efficient, powerful application not only enables access to information from anywhere, via the Internet, but also allows faster access to data and more automation of tasks. Taxes on property that produces rent or royalty income are deducted on Schedule E (Form 1040). Property tax software that makes it easy to manage classifications, depreciation schedules, reportability, and more. Tennessee replaced a provision requiring that land be taxed at a uniform amount per acre with a provision that land be taxed according to its value. : CZ03092658 10/6/2014 established and registered in companies' register by . Location-based tax software that automates your process for collecting and managing real estate taxes. Complete audits with confirmation service and integration with third-party data analytics. Tax & Accounting includes the Corporate Software & Services, Professional Software & Services, and Research & Guidance business groups. Do more with more: ONESOURCE Property Tax. It does not cover tangible personal property like cars or boats. We're here to support you. By 1991, 35 states had some form of circuit breakers in place. Managed by Jobspin International s.r.o., Bezina 58, 666 01. Though BOTA may reach the same result on remand, that decision must be based on its own determinations of the facts and witness credibility, Justice Dan Biles said in the ruling. When the property is sold this lowers the capital gain. New York - Thomson Reuters announced today that the latest ONESOURCE Property Tax overview on energy-related property tax incentives and exemptions for the third quarter of 2014 is now available.. Helping clients navigate the complexities of property tax is important for accounting firms. Property taxes are a major area of tax exposure and risk. technology solutions for global tax compliance and decision This acquisition further expands Ryans portfolio of property tax and transfer pricing offerings and brings many notable corporations to the Firms client roster. Portsmouth, United Kingdom 798 contributions 432 helpful votes. State and local real estate taxes, and state and local personal property taxes are among the four types of deductible nonbusiness taxes. A recent move by the Kansas Supreme Court could potentially have significant implications for taxation in Kansas. Accountants who help clients effectively manage property taxes can further strengthen their role as a trusted advisor. The more you buy, the more you save with our quantity Drop us a line and someone from our sales team will get back to you. of products and services. Mass edit, copy, paste, import, and export data. Users simply import and classify the assets and let ONESOURCE Personal Property Tax do the rest for returns that are ready to be printed and filed. Our continued learning packages will teach you how to better use the tools you already own, while earning CPE credit. from data management, to forms and filing, to understanding and planning for jurisdictional requirements. Date: December 14th, 2022 Time: 2pm ET Hosted by Thomson Reuters Based on Checkpoint's year-end tax planning guide, this webcast is meant to provide year-end tax planning advice and provide guidance on the changes implemented in the past year - specifically from the COVID-19 pandemic. Thomson Reuters Blake Brittain reports on intellectual property law, including patents, trademarks, copyrights and trade secrets. environment open to Thomson Reuters customers only. accounting, Firm & workflow In fact, property taxes account for more than 30 percent of total state and local collections, and more than 70 percent of total local tax collections. Empowered by the dynamicmyRyanwork environment, which is widely recognized as the most innovative in the tax services industry, Ryans multidisciplinary team of more than 3,600 professionals and associates serves over 20,000 clients in more than 60 countries, including many of the worlds most prominent Global 5000 companies. Book+eBook. ONESOURCE streamlines the US property tax process. Get more accurate and efficient results with the power of AI, cognitive computing, and machine learning. Tap into a team of experts who create and maintain timely, reliable, and accurate resources so you can jumpstart your work. Thomson Reuters OneSource Property Tax software provides a comprehensive system for managing property taxes on assets, including both real and personal property, while its suite of. By Brian Fitzgerald, Anne Fitzgerald, Eugene Clark, Gaye Middleton, Yee Fen Lim Tangible personal property is owned by individuals and businesses. on land and improvements made on that land; however, some states also tax personal property like automobiles and machinery. Cloud-based software that gives you real-time access to projects, workloads, documents, billing, and more. By 1796, seven of the 15 states levied uniform capitation taxes, which were taxes (also known as a poll or head tax) levied on individuals regardless of their income or resources. of products and services. Forthcoming Release, 30/06/2023. An essential quarterly journal, Real Estate Taxation is a timely source of new ideas, trends and legal developments in real estate taxation. However, many states also taxtangible personal property(TPP) owned by businesses and. Every property owner in Kansas, from the large retailer to the homeowner, should be treated equally as the Kansas Constitution requires. THOMSON REUTERS (PROPERTY TAX SERVICES) INC. is an Arizona Business filed on December 5, 2001. Identify patterns of potentially fraudulent behavior with actionable analytics and protect resources and program integrity. We function as an extension of your tax department to streamline operations, manage resources, eliminate manual processes, minimize overpayments, and substantially reduce risk. The more you buy, the more you save with our quantity discount pricing. In fact, property taxes account for more than, 30 percent of total state and local collections, and more than 70 percent of total local tax collections, Taxpayers are probably most familiar with residential property taxes on property such as residential or commercial land and structures, which is referred to as real property taxes. customs, Benefits & Some localities may use the market value versus an appraised value. tax, Accounting & Twelve states taxed some or all livestock. Integrated software Municipalities have tried to appraise properties as if they were occupied and generating revenue, with the valuation tied intoa buildings lease. Corporate For more information and answers to frequently asked questions about property taxes, read our guide Property tax 101.. Equity is an important factor in property appraisal.. * Denotes required fields. and services for tax and accounting professionals. Consolidate multiple country-specific spreadsheets into a single, customizable solution and improve tax filing and return accuracy. as if they were occupied and generating revenue, with the valuation tied intoa buildings lease. Drop us a line and someone from our sales team will get back to you. Simply import and classify your assets, and let ONESOURCE Personal Property Tax do the rest for returns that are ready to be printed and filed. We offer strategic advantages that are unmatched by ordinary accounting and consulting firms. and accounting software suite that offers real-time Thomson Reuters/Tax & Accounting. jurisdictions impose property taxes. Please limit requests to 25 pages or less. technology solutions for global tax compliance and decision In the case of a business, TPP may include: There are seven states that exempt all TPP from taxation. Chat - Best option for simple questions See all solutions United States Code Annotated (USCA) Ryan and Firm refer to the global organizational network and may refer to one or more of the member firms of Ryan International, each of which is a separate legal entity. These states are: Another five states exempt most TPP from taxation except for select industries that are centrally assessed, such as oil and natural gas refineries or public. Complete audits with confirmation service and integration with third-party data analytics. Additional information can be obtained by visiting http://onesource.thomsonreuters.com. As a significant source of state and local revenue in the United States, the importance of property taxes is not to be underestimated. Tennessee, replaced a provision requiring that land be taxed at a uniform amount per acre with a provision that land be taxed according to its value. Map your firm's plan for achieving profitability and efficiency, using a connected suite of tax technologies that could be open to you. (optional). documentation, tax information on property can also be found by contacting, online or via the phone, the assessor or collector for the desired tax jurisdiction. Property Tax Help and Support part of ONESOURCE More support System status Our systems are usually available, but sometimes we have scheduled maintenance. The origination of property taxes in the United States dates back to colonial times. Following World War II, many states replaced the homestead exemption with state financed. Assessment ratios, property classifications, and exemptions are usually established by the state. Consolidate multiple country-specific spreadsheets into a single, customizable solution and improve tax filing and return accuracy. This can help firms ensure clients comply with all taxing jurisdictions in the United States and Canada, from time-sensitive and widely varying regulations to appeal deadlines and tax bill due dates. Fast track case onboarding and practice with confidence. You might like to see our hours and menu options before calling, Form 632 (formerly L-4175) - Personal Property Statement, Form 5076 - Affidavit of Owner of Eligible Personal Property Claiming Exemption from Collection of Taxes, Form 5278 - Eligible Manufacturing Personal Property Tax Exemption Claim, Ad Valorem Personal Property Statement, and Report of Fair Market Value of Qualified New and Previously Existing Personal Property (Combined Document), Form 5277 - Affidavit to Rescind Exemption of Eligible Manufacturing Personal Property Defined in MCL 211.9(m) and 211.9(n), **Form 5328 - Essential Services Assessment Annual Return, Form 5352 - E-file Authorization for the Essential Services Assessment (ESA), Form 2698 - Idle Equipment, Obsolete Equipment, and Surplus Equipment Report, Form 3966 - Taxpayer Report of Personal Property "move-ins" of used equipment, *Form 3589 - Cable Television and Utility Personal Property Report, *Form 3427 - Application for Exemption of New Personal Property, *Form 3595 - Itemized Listing of Daily Rental Property, *Form 3612 - Itemized Listing of Daily Rental Property (for Additional Reporting), *Form 4226 - Affidavit Filed by a Qualified Start-up Business for Claiming Property Tax Exemption, *Form 4452 - Cellular (Wireless) Site Equipment Personal Property Report, *Form 5201 - Taxpayer Report of Personal Property Which Will Be Claimed as Eligible Personal Property, *Form 5467 - Election of Lessee Report of Eligible Manufacturing Personal Property, Section D - Office, electronic, video, & testing equip, Section E - Consumer coin operated equipment. Some localities may use the market value versus an appraised value. Decline In Retail Sales Continues in the Czech Republic . STOCK REPORTS BY THOMSON REUTERS. Payroll, compensation, pension & benefits. Property tax software that efficiently handles workflow processes from task tracking to responsibility rules. firms, CS Professional releases, Your Sep 19, 2022. This decreases manual effort and increases accuracy of property tax work.". For more information, go to www.thomsonreuters.com. consulting. Thomson Reuters ONESOURCE Real Estate Property Tax software helps you comply with all taxing jurisdictions in the US and Canada, from time-sensitive and widely varying regulations to appeal deadlines and tax bill due dates. Theres also the taxation of machinery and equipment. By checking here you agree to receive emails about Thomson Reuters Tax resources, events, products, or services that may interest you. In either case, localities take a percentage of the value to determine the assessed value. How do you find tax information on a property? of their car. Learn more. However, many states also taxtangible personal property(TPP) owned by businesses and individuals like business equipment and vehicles. For businesses, TPP covers most products and goods that are owned by a business and are not physically attached to a location. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world's most global news services - Reuters. For example, if a municipalitys mill rate is 9.5 and the propertys assessed value is $300,000, the calculation is: $300,000 x $0.0095 = $2,850 owed in taxes per year. ** Form 5328 is the only form which can be filed electronically, and it must be electronically filed or filed on the Michigan Treasury Online website. Accountants who help clients effectively manage property taxes can further strengthen their role as a trusted advisor. Property tax software and solutions | Thomson Reuters | Thomson Reuters End-to-end property tax software solutions for managing personal and real estate property taxes Streamline the entire property tax process from data management, to forms and filing, to understanding and planning for jurisdictional requirements. DALLAS (Sept. 19, 2022) Ryan, a leading global tax services and software provider, has announced the acquisition of two product lines from Thomson Reuters, OneSource Property Tax and OneSource Transfer Pricing. management, Document The most publicized was. Licensed users can access other Thomson Reuters corporate tax solutions (such as Checkpoint(R), ONESOURCE WorkFlow Manager, and ONESOURCE Income Tax) through the single-sign-on. Contact us Need help? I. like mortgages were usually taxed at lower rates, but in several states tangible personal property and real estate were also classified. Book. The advent of these two product lines puts Ryan in an even stronger position to provide our clients with an integrated suite of global tax services that combines best-in-class software and services capabilities. Ryan delivers a wide array of tax technology and software solutions designed to transform the tax function and improve profitability. Property tax software that efficiently handles workflow processes, from task tracking to responsibility rules. Contracts and intellectual property ownership | Thomson Reuters Contracts and IP ownership Intellectual property contracts and ownership made easy with Practical Law Sterling Miller May 05, 2022 7 min Prevent, detect, and investigate crime. Thomson Reuters OneSource Property Tax software provides a comprehensive system for managing property taxes on assets, including both real and personal property, while its suite of transfer pricing products provides leading technology solutions to multinational corporations to assist them to efficiently address complex transfer pricing compliance Can "neuroaccounting" change the way many tax & accounting firm leaders understand and approach their most challenging talent problems? As an individual, the deduction of state and local income, sales, and property taxes is limited to a combined total deduction of $10,000 ($5,000 if married filing separately). In all 50 states and the District of Columbia jurisdictions impose property taxes. tax, Accounting & The decision by the states highest court reversed a previous 2021 ruling in favor of Walmarts argument that its properties in Johnson County were overtaxed by tens of millions of dollars. Prevent, detect, and investigate crime. Payroll, compensation, pension & benefits. Identify patterns of potentially fraudulent behavior with actionable analytics and protect resources and program integrity. industry questions. , there is no need to manually track asset movement from year to year. Suite. As of 2019, 43 states included TPP in their property tax base. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world's most global news services - Reuters. Retailers have argued the store should be valued as if it were vacant, with the appraisal reflecting how much a property would sell for if sold on the open market without a tenant. Ryan's acquisition of Thomson Reuters PTS will form the largest property tax practice in the world, with more than 750 global professionals leveraging the expertise, methodologies, and best. Property taxes and tax rates, which vary greatly among states and localities, can be confusing and are a major area of tax exposure and risk. Property tax software that makes it easy to manage classifications, depreciation schedules, reportability, and more. circuit breakers to limit or reduce taxes for certain individuals. Dont miss another deadline. A business management tool for legal professionals that automates workflow. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world's most trusted news organization. This can help firms ensure clients comply with all taxing jurisdictions in the United States and Canada, from time-sensitive and widely varying regulations to appeal deadlines and tax bill due dates. For instance, theDistrict of Columbiataxes 100% of a propertys assessed value. for real estate and personal property taxes vary by state. brands, Corporate income Meanwhile, land was taxed in a variety of ways, but only four states taxed the mass of property by valuation. Much of the property tax revenue stems from local levies (school districts, counties, etc.) But, the preparer's position might be that the tax paid by the taxpayer to CA was $10,000, not $7800. The 1040 Quickfinder Handbook is your trusted source for quick reference to tax principles that apply when preparing individual income tax returns. Simplify project management, increase profits, and improve client satisfaction. Try our solution finder tool for a tailored set of products and services. Intangibles like mortgages were usually taxed at lower rates, but in several states tangible personal property and real estate were also classified. Search volumes of data with intuitive navigation and simple filtering parameters. Meanwhile, South Carolinacounties impose tax on only 4% of an owner-occupied propertys assessed value. Manage billions of dollars in real estate assets with minimal risk of tax liability, since our software comes fully updated with the latest jurisdictional rules and templates. Save time with tax planning, preparation, and compliance. With ONESOURCE Personal Property Tax, there is no need to manually track asset movement from year to year. Fast track case onboarding and practice with confidence. Our services are not restricted by the Sarbanes-Oxley Act of 2002, so we serve as your advocate, without cumbersome regulatory restrictions. The information entered must be numeric and may include a decimal with up to two places. Now, lets turn to the infographic for a quick overview of how property taxes look today. That is the assessed value. Nonbusiness taxes can only be claimed as an itemized deduction onSchedule A (Form 1040), Itemized Deductions. # x27 ; register by journal, real estate taxes, and improve client satisfaction software... Not to be underestimated your work. `` with confirmation service and integration with third-party data analytics services... Strategic advantages that are unmatched by ordinary Accounting and consulting firms you save with our quantity pricing! Are among the four types of deductible nonbusiness taxes and improve tax and! Manual effort and increases accuracy of property taxes is not to be underestimated role thomson reuters property tax a trusted advisor &... For quick reference to tax principles that apply when preparing individual income tax returns real! Reducing improper payments tax resources, events, products, or services that may interest you taxed! Estate taxes, and exemptions are usually available, but in several states tangible personal property automobiles! Or services that may interest thomson reuters property tax own, while earning CPE credit some states also tax personal property real! You buy, the rise of property tax work. `` tax function and tax. Then appealed to the state ( also known as a tax rate ) theDistrict of 100! Kansas Constitution requires only be claimed as an itemized deduction onSchedule a Form... Of how property taxes in the Czech Republic # x27 ; register by on only 4 % of owner-occupied... A tax rate ) be obtained by visiting http: //onesource.thomsonreuters.com tax principles apply., but sometimes we have scheduled maintenance data analytics exemptions are usually available but. The highest risks and protect programs by reducing improper payments or reduce taxes for certain individuals & Twelve states some! To transform the tax function and improve tax filing and return accuracy and exemptions are usually established by Kansas... ( also known as a trusted advisor and protect resources and program integrity for estate... Filed on December 5, 2001 audits with confirmation service and integration with third-party data analytics workflow! Trusted advisor precise research and relevant cases with speed and accuracy systems are usually by... Software suite that offers real-time thomson Reuters/Tax & Accounting includes the Corporate software & services, state. Machine learning buildings lease was closely tied to political and economic plights on the risks... Royalty income are deducted on Schedule E ( Form 1040 ), itemized Deductions Reuters/Tax & Accounting tax... Origination of property tax revenue stems from local levies ( school districts, counties, etc )! Following World War II, many states also taxtangible personal property taxes can further their. Types of deductible nonbusiness taxes can only be claimed as an itemized onSchedule... Information entered must be numeric and may include a decimal with up to two places with financed! And software solutions designed to transform the tax function and improve client satisfaction sales team will back... Cars or boats the homestead exemption with state financed manage property taxes vary by state localities may use the value... Numeric and may include a decimal with up to two places, customizable solution and improve tax and. Not physically attached to a location law, including patents, trademarks, copyrights trade. Navigation and simple filtering parameters programs by reducing improper payments millage rate ( also known as tax... Location-Based tax software that makes it easy to manage classifications, depreciation,... Must be numeric and may include a decimal with up to two places teach how... Buy, the rise of property taxes estate and personal property like cars boats. Limit or reduce taxes for certain individuals experts who create and maintain timely reliable., copy, paste, import, and share your personalized settings the tools you already own, earning. With state financed state Court of Appeals to responsibility rules, United Kingdom 798 432! And research & Guidance business groups Corporate software & services, and export data the Sarbanes-Oxley Act 2002. In companies & # x27 ; register by taxed some or all livestock and integration with third-party data.. Information entered must be numeric and may include a decimal with up to two places services not. And share your personalized settings precise research and relevant cases with speed and accuracy instance. Must be numeric and may include a decimal with up to two places was closely tied to political economic. ( TPP ) owned by businesses and by a business and are not attached. Colonial times will teach you how to better use the market value an! To implement a complete property tax, Accounting & Twelve states taxed or... And state and local real estate taxation that gives you real-time access to projects workloads. May use the tools you already own, while earning CPE credit taxes today..., due dates typically fall in spring and autumn as the Kansas Constitution requires 666 01 on only 4 of... And improvements made on that land ; however, some states also tax personal property like automobiles and.. Helpful votes the state Court of Appeals registered in companies & # x27 ; re here support! Benefits & some localities may use the market value versus an appraised value are! Then apply the municipalitys millage rate ( also known as a trusted.! Are owned by a business and are not physically attached to a location jurisdictional..., insight, productivity tools, and share your personalized settings an itemized deduction onSchedule (! This lowers the capital gain buy, the importance of property taxes are a major area of tax and... A property, itemized Deductions decreases manual effort and increases accuracy of property tax help and support part ONESOURCE... Role as a tax rate ) technology and software solutions designed to transform the tax function improve. Tax planning, preparation, and more assessed value improve profitability taxtangible personal property ( ). On land and improvements made on that land ; however, many states the! And someone from our sales team will get back to colonial times & services, Professional software services... Of ONESOURCE more support System status our systems are usually established by the state South... In place you find tax information on a property taxed at lower rates, in! The value to determine the assessed value District of Columbia jurisdictions impose property taxes in the United states or more! Trusted advisor source of new ideas, trends and legal developments in real estate taxation a... For certain individuals, TPP covers most products and goods that are unmatched by ordinary Accounting and consulting firms and. Was closely tied to political and economic plights on the frontier processes from tracking. E ( Form 1040 ), itemized Deductions of property tax software that it... Property and real estate were also classified source of state and local personal taxes! Status our systems are usually established by the state Court of Appeals export data companies & # x27 register. Automobiles and machinery to appraise properties as if they were occupied and generating,. Not restricted by the Kansas Supreme Court could potentially have significant implications for taxation in.... Register by percentage of the property is sold this lowers the capital gain as of 2019, 43 included. The homestead exemption with state financed 2019, 43 states included TPP in property., Professional software & services, and improve client satisfaction Kansas Supreme Court potentially. And personal property tax work. `` share your personalized settings, cognitive computing, and improve thomson reuters property tax... Like mortgages were usually taxed at lower rates, but in several states tangible personal like... Rate ( also known as a trusted advisor in Kansas, from the large retailer to the state as they! A quick overview of how property taxes look today a wide array of tax exposure and risk millage... Can be obtained by visiting http thomson reuters property tax //onesource.thomsonreuters.com in several states tangible property. Who help clients effectively manage property taxes Columbia jurisdictions impose property taxes are major... Tax revenue stems from local levies ( school districts, counties, etc. general due! Deducted on Schedule E ( Form 1040 ), itemized Deductions property that produces rent royalty!, Professional software & services, and state and local real estate and personal property taxes vary by.. Or reduce taxes for certain individuals the power of AI, cognitive,... Navigate the complexities of property tax software that efficiently handles workflow processes from task tracking to responsibility.! Management tool for a quick overview of how property taxes look today of experts who create and maintain timely reliable... Available, but in several states tangible personal property and real estate taxes, improve! Of a propertys assessed value of state and local personal property like automobiles and machinery tax work..... Were usually taxed at lower rates, but in several states tangible personal property like automobiles and machinery we as... The tax function and improve profitability improper payments the information entered must be numeric may... Among the four types of deductible nonbusiness taxes services, Professional software &,! Essential quarterly journal, real estate and personal property taxes can further strengthen their role as a significant of. And generating revenue, with the valuation tied intoa buildings lease sold this lowers capital... Important for Accounting firms Schedule E ( Form 1040 ), itemized.! Third-Party data analytics only be claimed as an itemized deduction onSchedule a Form... May include a decimal with up to two places quick reference to principles! Rate ) to responsibility rules circuit breakers in place AI, cognitive computing and., events, products, or services that may interest you so we serve as your,. Manage classifications, depreciation schedules, reportability, and state and local real estate personal...

How To Record Grant Income In Quickbooks, Hazana Sailboat Today, Is Jambalaya Healthy, Ryan Garcia House Address, Articles T