Partner with us to minimize liabilities and maximize savings to ensure compliance and achieve the best tax outcomes for your business.
Navigating state and local tax obligations is challenging due to ever-changing regulations and diverse compliance systems. This complexity demands significant time and resources. External support reduces uncertainty and costly errors, ensuring compliance and efficiency. SWBA’s State and Local Tax Services practice offers deep expertise and a personalized approach.
Ongoing client partnerships are essential for effective tax planning, strengthening tax positions, and minimizing liabilities. Our comprehensive state and local tax services include meticulous tax return preparation and year-round strategic collaboration. We offer expertise across income, sales, payroll, personal property, gross receipts tax, unclaimed property, and credits and incentives. We provide a full spectrum of SALT services to help clients navigate complex tax landscapes.
Navigating state and local tax complexities requires specialized expertise. At SWBA, we offer a broad range of services to help businesses manage their tax obligations effectively:
Efficient Sales and Use Tax Management: Navigating sales and use tax compliance is complex due to varying state treatments and numerous taxing jurisdictions. We offer a customized, scalable approach to meet your obligations efficiently. Our services include evaluating the taxability of sales and purchases, implementing effective policies, advising on automated ERP-integrated solutions, and providing comprehensive outsourcing for timely and accurate return filing.
Management of State and Local Tax Examinations and Tax Credits and Incentives: SWBA optimizes your tax position by managing state and local tax examinations, appeals, penalty abatement, and more. Our specialists also reduce state tax liability and enhance cash flow through expert guidance on tax credits and incentives, maximizing financial benefits.
Analyzing your apportionment and allocation methods is crucial for managing income and franchise tax obligations. Underpayment risks assessments and penalties, while overpayment reduces cash flow.
Acquiring or selling a business presents value-added opportunities, such as influencing the purchase price through thorough due diligence and establishing effective tax structures for both parties. This streamlines the transaction process and maximizes ROI.
State and local tax compliance grows more complex yearly. As businesses expand, they must navigate new regulations and optimize tax savings. Broader nexus standards, like economic nexus from South Dakota v. Wayfair, and changes in sourcing receipts for various taxes require careful consideration.
Enhance your tax acumen with our expertly curated newsletter and navigate the world of taxes with confidence.