Multi-State Tax Advisor Services to Keep you Competitive
To stay competitive in the marketplace, companies need to search for new opportunities wherever they may arise – near or far. In fact, geography is hardly ever considered when selling products or engaging new vendors. However, it’s important to remember that when transactions occur across state lines, there are income, franchise, or sales and use tax issues that may affect your business. In our experience, most businesses are unaware of the state and local tax requirements and liabilities that cross-state transactions can create. For this reason, we help companies identify, document and address the liabilities that may impact them. It’s critical to stay ahead of these issues to limit your risk of a state tax audit.
Sikich works with companies across the country to address state and local tax planning and compliance concerns. Our state and local tax services team can guide your business through a state tax audit or conduct a proactive assessment to make you aware of unaddressed liabilities that could trigger an audit. We advise companies in a variety of situations including: nexus determination for franchise and income tax, sales and use tax matters, and transactional tax issues.
Constantly changing state and local tax laws and regulations pose a number of challenges for business owners. Rather than try to solve an issue after it happens, Sikich proactively monitors judicial, legislative, and regulatory activity to stay ahead of state and local tax changes that could affect your business.
State and Local Tax Services and Solutions
State and Local Planning
Our state and local tax professionals monitor judicial, legislative, and regulatory activity that may affect your industry or business so you can plan for tax issues. By understanding your state and local tax exposure, you can make decisions that are better for your business.
Multi-State Planning
We will review your business activities and the laws of the various states in which you conduct business to help you determine how to best plan your activities while ensuring compliance with all relevant tax laws. State and local taxing authorities are becoming more aggressive in pursuing opportunities to tax businesses. Utilize our multi-state tax expertise to make sure you are complying, decrease your state exposure and minimize your state tax burden.
Nexus Studies
States are developing new nexus concepts and expanding the scope of traditional nexus standards with respect to service delivery in their quests to maintain tax revenues. Gain understanding and insights with a Sikich-performed Nexus study and explanation of the findings.
Sales and Use Tax Assistance
It can be difficult to navigate the waters of sales and use tax. What is or isn’t taxable can be quite confusing and operating in multiple states only further muddies the waters. Our state tax experts can help you minimize the sales and use tax burden while complying with the tax law.