State and Local Income Taxation

With over 60,000 taxing jurisdictions throughout the United States, the task of addressing state and local tax issues can become overwhelming. Our State and Local Tax (SALT) professionals address all types of tax-related issues that may arise in the ordinary course of business operations, including tax returns, nexus reviews, audit defense, and compliance systems review.

For companies facing challenges in tough times, Kreischer Miller’s team identifies strategies for minimizing state and local tax liabilities. Multi-state tax services include:

• Nexus Analysis – When selling to customers in multiple states, where and how business is conducted dictates the number and types of state and local taxes incurred. Our professionals will analyze any nexus creating activities and proactively plan for overall tax minimization. In instances where nexus has existed for a period of time, we often can reduce the cost of retroactive compliance through negotiation of a Voluntary Compliance arrangement.
  
  
• Outsourcing/Co-sourcing – For tax returns or RAR (Revenue Agents Report) reporting, our professionals stand ready to provide the quality preparation services necessary to maintaining compliance with taxing jurisdictions throughout the country.
  
  
• Representation before Taxing Authorities – Over the years that our tax professionals have administered state and local tax audits, we have developed positive working relationships with many state tax representatives. These networks are invaluable for navigating tax complexities as well as state and local tax audit proceedings. We proactively challenge each assessment, work to secure all appeal rights, and—most importantly—continually seek overpaid tax opportunities as assessment offsets or cash refunds.
  
  
• Compliance System Reviews – State and local compliance efforts perpetuate themselves when sound internal compliance systems are in place. Our professionals review a company's systems and recommend strategies to improve the effectiveness and efficiency of reporting and tracking modules. When the need arises, we help staff develop policies and procedures manuals in order to document the steps involved in maintaining a compliant reporting system.
  
  
• Transaction Support – For due diligence reviews, planning around transfer tax liabilities, and consultation regarding intangible holding companies and reorganization strategies, our experienced team of tax specialists provide the high quality expertise that ensures maximum reduction in overall state and local tax liabilities.