State and Local Taxes
Businesses operating in multiple states must navigate and comply with varied and complex state and local taxes imposed on legal entities, their owners, and transactions of products and services.
The pace of change in the state tax world has increased in recent years, thereby altering the landscape in which businesses operate and creating both opportunities and pitfalls. In addition, with every state facing serious financial problems, state departments of revenue are more focused on enforcement.
Business owners who are not aware of their tax obligations may find themselves not just liable for the tax, but may also incur penalties. At HPG, our State and Local Tax (SALT) resources are committed to staying up-to-date with current tax legislation so we can assist you in determining your tax burden and help you capitalize on tax opportunities.
Areas in Which We Provide SALT Services:
- Multi-State Income and Franchise Tax
- Sales and Use Tax
- Credits and Incentives
- Employment Taxes
- Property Tax
- Allocation/Apportionment Reviews
- Compliance/Loan Staff
- Cost Segregation
- Controversy & Audit Representation
- Economic Development Incentives and Tax Credits
- Filing Methodology Reviews
- Managed Audits/Direct Pay Agreements
- Nexus Studies/Reviews
- Transactional Planning
- Voluntary Disclosures