State and Local Tax Strategies
Achieve a practical state and local tax strategy with SVA.
Minimize the effects of taxation on your business. SVA can help manage state
and local tax burdens by identifying and recommending solutions consistent with
good business practices and according to the laws and rules of your state.
Credits and Incentives
We make clients aware of any tax credits or
incentives in the various states.
Multi-State Nexus Planning
Where a client’s business is located and
where the client actually does business can have a tremendous impact on one’s tax
liability. By analyzing your particular situation, we can determine whether
there is a filing obligation in a state(s) or how much tax is involved.
We prepare and review accurate returns for all
states with the appropriate documentation by using the most highly qualified personnel.
We work with the client to provide the relevant information on a timely basis. We
provide expertise in the multi-state tax area.
When entering a new area to do business, there may be
certain registrations that are necessary in order to legally do business in that
state. We can help with the registration process and keep the client informed
of all of the taxes/fees that may apply to the client.
There are many gray areas of the tax law that, depending
on the facts and circumstances, will have many different answers. Our team of experienced
tax professionals will research the particular tax area with the intent of resolving
and backing up the stated position that will stand up against a governmental objection.
Tax Audit Assistance
States have become more aggressive in going after
multi-state taxpayers. First, we try to avoid audits by managing our clients’ exposure
to taxation in various states. In the event of an audit, we will provide
only the records requested by the auditor and encourage the client to have the auditor
meet with us in our offices so that they do not interrupt the business.
Voluntary Disclosure Program
We help clients assess
their filing obligations in various states and identify the best procedure to begin
filing in the applicable states. Many states offer a voluntary disclosure program
than can allow the client to meet his or her filing obligations while minimizing
audit risk and reduce or eliminate penalties.
More SVA Business Tax Services
Learn more about SVA’s comprehensive business tax services including: