State and Local Tax Planning

State and Local Tax Planning

Individuals and companies with operations in multiple states face a complex tax environment. With careful planning, the overall tax burden can be managed.

Our professionals have experience handling the challenges of a multi-state operation. They know the questions to ask, the advice to provide and the traps to watch for in tailoring multi-state plans. Their guidance is especially helpful for companies in pre-expansion phases. A thoughtful conversation before expansion can help ensure that the eventual tax burden does not outweigh the opportunity.

Nexus Analysis and Voluntary Disclosure
Specific business activities may result in nexus for income tax, sales and use tax, and other corporate taxes. Each state has different rules and the substantive nexus definition used by courts is subject to debate. Our firm uses deep knowledge of individual state rules to provide proactive advice. In some cases, the state’s voluntary disclosure and amnesty provisions are useful tools.

Other services include:

• Apportionment reviews
• Credit and incentive review
• Compliance
• Dispute resolution
• Indirect tax compliance
• Mergers and acquisitions
• Restructuring and tax planning
• Sales, use and excise tax
• State tax audit and mitigation of audit assessments

 

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