SALT
State and Local Tax Services
Your business is constantly changing and evolving. New products and services. New channels of distribution. Joint ventures. Mergers and acquisitions. Increased competition.
Coupled with the diverse mix of state and local tax regimes, optimizing your tax position can be confusing and challenging. Especially when you consider the many types of state and local taxes imposed:
- Income
- Franchise/Net Worth
- Sales/Use
- Real and Personal Property
- Gross Receipts
Plus, tax laws are rapidly changing and evolving. Not to mention financial reporting standards such as FIN 48 and FAS 5. And as state coffers run dry, state revenue departments are much more aggressive. If your customers can find you on the internet, so can state tax auditors.
At the intersection of all of these elements are opportunities. And risks. In an environment where you need every edge you can find, proactively managing your state and local tax liability can help you succeed.
Meaden & Moore can help you create and monitor a strategy for maximizing your opportunities and minimizing your risk. State and local tax services we provide include:
Planning
- Refund reviews
- Credits, incentives and grants
- Transaction planning
- Structuring
- Optimizing tax filing positions
Risk Management
- Taxability analysis
- Limiting exposure for prior periods
- FIN 48 review
- FAS 5 Consulting
- Audit representation
Process Improvement
- Streamline tax compliance
- Improve documentation
- Automate
List of SALT Services
Key SALT Questions and Solutions