State and Local Tax

State and local tax policies continue to depart from the Federal treatment of items as well as one another. This often leaves the multistate compliance burden on the Taxpayer to successfully navigate each states’ differing treatment for the same item. This complexity consumes your time, money and leaves you or your business with additional risk.

Presicion Tax Advisors are constantly monitoring state developments across the U.S throughout the year. We are always looking for ways in which new laws, interpretations and/or court cases can impact our clients and which are presenting new opportunities.

State and local tax compliance has many angles to consider. Below are just some of the services we can offer to you, your family and/or your business:

Project assistance during peak workloads and with special projects such as amended return preparation resulting from federal audit changes

Nexus and tax exposure analysis

Voluntary disclosure and/or amnesty agreements

Protective refund claims

Audit representation

Apportionment analysis and planning

Tax planning and use of special purpose entities

ASC 740 analysis and documentation (previously FAS 109)

Sales/Use Tax

Credits and Incentives

Site selection and incentives negotiation

Incentive package evaluation

Credits and incentives application management

State and Local Tax

By Appointment Only