Get Help With State and Local Tax Compliance
State and local tax laws are complex and ever-changing. They pose distinct challenges to businesses and affect all forms of business operations, including C and S corporations, partnerships and sole proprietors.
Our State and Local Tax Team (SALT) assists businesses of all sizes with planning and compliance in connection with State and Local tax requirements. We employ a full complement of SALT experts ready to provide you with planning and solutions to your SALT issues whether you are conducting business in one, several or all 50 states.
Our SALT Team is ready to provide you with the expertise needed to stay compliant in this era of constantly changing state tax laws and regulations impacting both Income and Non-Income taxes.
State/Local & Income/Franchise Tax Planning Services
Our SALT Consulting Team offers innovative and value-driven income/franchise tax planning strategies for all entities, whether they are conducting business in one, several, or all fifty states. This includes individual tax clients who have Forms K-1 from pass-through entities operating in several states, as well as publicly traded corporations that have operations that require a multi-state presence.
By implementing one, or a combination, of our tax reduction strategies, we help our clients significantly reduce their effective state tax rate and increase their earnings. We help our clients understand the ever-changing state income and franchise tax law landscape while recommending optimal tax and business alternatives. In addition to compliance services, our state and local income and franchise tax planning strategies include:
Non-Income Tax Consulting and Compliance
Our SALT Consulting Group's experienced professionals can also help businesses minimize their non-income/franchise tax burden. This allows clients to retain more of their profits that might otherwise be paid out unnecessarily to state and local governments. Our services in the non-income/franchise tax consulting area include sales and use taxes, property tax appeals, tax credit and exemption studies, relocation and expansion incentives, and employee / contractor planning, and unclaimed property compliance.
Our service offerings in the non-income tax area include many similar services as our income / franchise consulting services, but are customized to your particular needs:
Sales and Use Tax Services
Our Sales and Use Tax Consultants understand state and local tax laws and know how sales and use taxes can affect your business. The Group consists of former tax department auditors and supervisors, as well as experienced consultants in each of our offices. This local and regional access will provide you with advice and experience from both sides of the table in dealing with sales and use tax matters. Whether you have been notified of a pending audit or in the middle of one, or if you just have questions at any level of complexity, we can help. Our sales and use tax services include:
Tax Audit Representation
Our staff of former tax auditors and supervisors knows audits from both sides of the table and will effectively manage your audit so that you can focus on your business. We keep you informed at every stage, and we are there with you until the case is concluded. We minimize costs through efficiency standards and our attention to detail.
Outsourced Sales and Use Tax Return Preparation
Outsource your multi-jurisdictional tax compliance requirements to us. Give us your data and we will handle all aspects of compliance and reporting.
Voluntary Disclosure / Amnesty Filings
Let us help you minimize and resolve prior-period exposure by negotiating with the taxing authority on your behalf. We can assist with any taxing jurisdiction.
Sales and Use Tax Reverse Audits
Our former tax auditors know how to identify refund opportunities, gather the evidence, and prepare refund claims for submission to tax offices.
Our nexus team will review your company's operations for potential nexus issues before outside contact from taxing agencies. If you are notified, we will help you develop strategies to minimize your exposure.
We will gain an understanding of your business and address the taxability of sales revenues and services sold as well as the taxability of your purchases. We generally will prepare a taxability matrix and/or a technical memorandum which you can use as a reference guide.
Sales and Use Tax Check-Up
Our consultants will analyze your business activities and books and records to determine your company's level of sales and use tax compliance in a given state/ locality. We will give you a list of recommendations on how to improve compliance, how to address issues which may be uncovered and we will identify potential refund areas.
Appeals, penalty and interest abatement negotiations and Offers in compromise for cases of doubt as to liability / collectability.
Contact Global Tax Advisers to learn more!