State and Local Tax

Hundreds of jurisdictions, one place for answers

With hundreds of state and local taxing regimes nationwide – and each one aggressively seeking revenue – state and local taxes present complex compliance and planning challenges. We help our clients determine the states in which they have taxable operations and sales so they can be confident they are filing where they should while not paying taxes where they should not. We also help identify structuring or nexus opportunities that may reduce expenses or shift income from high-tax to low-tax jurisdictions. We can help companies identify and capture credits and incentives that reduce overall tax exposure. Finally, we help our clients benchmark their effective State and Local Tax (SALT) rate against the rates of those companies with which they compete everyday so that they understand how they compare to their peers.

Our approach starts with understanding our clients – their strategies, their challenges and their exposures. Then we work with them to develop a holistic SALT planning and compliance program that will help each client meet their goals while controlling their expenses.

Most Popular Insights

The emergence of factor presence nexus standards
As factor presence nexus standards become codified in an increasing number of states, increased challenges to the constitutionality may be seen as well.
Multistate Taxation: The Foundation for Economic Nexus in Washington State
With more and more states searching for additional sources of tax revenue, the limits are being pushed for how far-reaching the states can extend their ability to tax. At the same time, the United States Supreme Court has declined to hear any cases addressing the physical presence requirement for states to assert taxes other than sales or use.
When is a Financial Institution Subject to State Income Tax? The Developing Concept of Economic Nexus
With the increased use of the Internet in commercial activity, state taxing authorities are focusing on imposing income taxes based on an institution's participation in a state's marketplace even without a physical presence.
State Tax Evaluation Process
Capitalize on new strategies to minimize the impact of state and local taxes.