State and Local Tax

Navigating the complex state and local tax laws to help you stay compliant while avoiding over-payment is one of the things we do best. We work with businesses on personalized tax assessments, reviews and strategies to fit their needs, including:

• Training on Sales/Use Accounting and Procedures
• Specific Industry Sales/Use Tax Manuals
• Nexus Studies and Evaluations
• Tax Registrations
• Anonymous Voluntary Disclosures Services
• Letter Ruling Requests
• Specific Issue Research & Analysis
• Construction Contract Reviews to Identify Project Flow-Through Exemptions
• Development and Implementation of Internal Controls, Policies and Procedures
• Real Estate and Personal Property Tax Assessment Reviews
• State Income Tax Credit/Incentive Reviews
• Taxability Matrix Preparation
• FAS 5/ASC 450 Risk Analysis
• Mergers & Acquisitions Due Diligence and Consulting
• Sales Tax Exemption Certificate Management and Maintenance
• Tax Return Amendments
• Tax Notice Consulting
• Assistance with Indirect Tax Budgeting
• Local and Gross Receipts Taxes (i.e., Chicago PPLT, Los Angeles LABT, OH CAT, WA B&O)

Complying with complicated state and local tax requirements can take a lot of time and effort. Our advisors can ensure you and your business are taking the proper measures for income, sales and use and personal property tax compliance in all states while minimizing compliance time and costs.

• Income Tax Compliance
• Sales/Use Tax Return Preparation Outsourcing
• Real Estate and Personal Property Tax Compliance
• Compliance Process Review to Identify Areas of Exposure and Streamline Process
• Economic Nexus Compliance

A good audit defense strategy can give you peace of mind in knowing you’re prepared for an audit. With former state tax auditors on our team, our advisors can assist in navigating an audit and minimizing the cost. We help businesses with income tax, sales and use tax and property tax compliance and respond to inquiries such as:

• Are audit questionnaires required to be completed?
• Should a waiver be signed, and if so, are edits allowed?
• What records are required to be provided, and must we provide all records on the request list?
•  What if I have overpayments during the audit periods?

No one wants to overpay taxes. Our state and local tax advisors stay on top of evolving regulations and can perform reverse audits to ensure that you’re paying the amount you need to be, and receive refunds on any unnecessary payments. Some projects can be done on a contingent fee basis.

• Reverse Audits to Identify Income Tax Opportunities
• Reverse Audits to Obtain Sales/Use Tax Refunds
• Property Tax Reviews

State and local tax credits and incentives can provide valuable funding opportunities for businesses. Your business may be eligible range of incentives, such as R&D tax credits, job creation incentives, and renewable energy credits, tailored to specific activities and industries. We understand the nuances and requirements of state and local tax incentives and help businesses across the country leverage credits to stimulate innovation, job growth, and investment in areas like historic preservation, film production, and environmental sustainability.

Remote work and work-from-home policies are a great way to attract and retain top talent, but it makes filing out-of-state payroll taxes even more complicated. We help employers navigate these complex filings to ensure they aren’t subjected to steep penalties by performing the following services:

• Review and Remedy Incorrectly Filed State Payroll Tax Withholding
• Negotiate with State Governments to Reduce or Waive Penalties
• Ensure Ongoing Compliance through Process Improvement