Is it time to review your State and Local Taxes?
State and Local Tax (SALT) services can result in increased cash flows and a healthier bottom line. Experienced advisors can reduce costs and risks through:
- Reverse sales and use tax audits
- Personal property tax incentive analysis
- State tax exposure assessments
- Voluntary disclosure agreements
- Due diligence reviews
- State and local audit defense
- Controversy representation and penalty abatement
- Transaction planning
- Legal entity structure strategies
- Merger and acquisition tax planning
- Nexus reviews and consultation
- Income tax apportionment sourcing studies
- Article | | Wayfair: Where we are now?
- Webinar Recording | Sales Tax After Wayfair (Everything has changed ... or has it?)
- Webinar Materials | Sales Tax After Wayfair (Everything has changed ... or has it?)
- Article | U.S. Supreme Court Rules Physical Presence Not Required for Sales Tax Collection Responsibilty
- Article | Wayfair decision makes waves in Michigan via the Grand Rapids Business Journal
- Podcast | What Michigan Businesses Need to Know With the Wayfair Supreme Court Decision via the Michigan Business Network
Dedicated to improving the bottom line, our advisors help clients to:
Reduce risk
Businesses with activities in several states often unknowingly operate within the boundaries of another state's tax laws, exposing their owners and the business to taxation by those states. Many multi-state businesses are operating just one step ahead of local taxing authorities. Fortunately, most states have voluntary disclosure programs that allow businesses to become compliant without penalty. Our advisors have extensive experience negotiating with authorities to limit assessments and obtain penalty waivers.
Benefit now ... while planning ahead
Whether it's through retroactive refund claims or skilled tax planning, paying less in state and local taxes leaves your business more money to invest in the future. Additionally, if you are thinking of acquiring a business, Rehmann can review the target's tax returns and filing positions to determine potential exposure and tax liability.
Stay informed and protected
Court cases and legislative changes continue to open up possibilities for taxpayers. Rehmann advisors navigate clients through the changes and present opportunities to benefit. Because laws vary from state to state, it is vital to have the right team representing you through audits and meeting filing requirements.
