At Tax Incentives Consultants we can be your valued partner when you need help navigating your state and local tax situation.
Most companies are subject to state income and franchise taxes. Statutes and regulations governing these vary in every state. As a result, companies with locations in multiple states may be underpaying or overpaying substantial amounts of income or franchise taxes. That is where Tax Incentives Consultants comes in.
Our dedicated team of skilled multistate tax consultants has the experience, resources and knowledge to complete a comprehensive review of your company’s tax liabilities to help identify potential tax savings and refund opportunities.
Our team can help you identify, plan, implement and manage innovative programs to help reduce your state and local tax burden. Specifically, a review of the structure of your business may produce a number of tax benefits:
- Increase the tax benefits from unprofitable affiliates;
- Reduce net worth/capital taxes;
- Reduce exposure to taxation in multiple jurisdictions;
- Take advantage of combined reporting strategies; and
- Determine optimum entity type for jurisdiction.
In addition, your legal entity structure, which might have been ideally suited to past conditions, may not have evolved naturally with the continuous growth of your business and various business lines. We can help alter the legal structure in order to optimize its business operations in addition to promote a more favorable tax position.
Fill out the form below to find out how we can help with your state and local taxes.