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Whether you operate a business in one state or locations throughout the
lower 48, you have to be aware of the unique tax requirements within
each state and municipality. Decosimo has the depth of experience with
state and local tax laws you need with proper state registrations,
nexus studies, sales and use taxes, dispute resolution and much more.
We represent your interests before state revenue auditors and appeal
boards. We help make sure that state and local filings are prepared
correctly and on time.
Our knowledge of state and local filing requirements can
result in significant tax savings for you. Our state and local tax
(SALT) professionals assist in the following areas:
- Income shifting strategies—Income shifting can result in lower effective tax rates where states have different rules.
- Advantageous structure—Each state has laws that
determine the correct structure of a given enterprise to achieve the
lowest tax rate. To maximize savings, businesses must consider the
optimal number and kind of entities.
- Sales and use tax—The complexities of sales and
use tax create twin hazards: underpaying (thus incurring severe
penalties) and overpaying (paying out money needlessly).
- Personal and tangible property tax—Each state has different rules for calculating these taxes; knowing the differences can result in tax savings.
- Site selection—Before the decision is made to
locate in a state or municipality, we perform due diligence to
understand all of the state and local tax implications.
- Business incentives—Never before has the federal,
state, and local governments worked so hard to bring companies into
various regions. Before any expansion plans are made, any possible
financial assistance offered, in the form of tax and non-tax
incentives, must be understood.
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