State and Local Tax Services
State and local tax obligations present some of the most complex challenges that
businesses must navigate. Constantly changing regulations and differing compliance
requirements across numerous jurisdictions can make staying current with your various
tax obligations challenging
As part of Anchin’s Tax Controversy Services Group, we have developed a special
expertise in state and local tax issues and can work with you to help lower your
tax exposure and remove the administrative burden of compliance.
We work with a wide range of businesses from entrepreneurial startups to large public
corporations to design solutions to best fit their business needs. Anchin keeps
current on ongoing changes in tax laws and regulations in a wide variety of jurisdictions
so we are well positioned to create tax saving opportunities for our clients.
Sales and Use Tax Review
Because sales and use tax compliance can have a significant impact on the overall
financial performance of a business, Anchin offers a Sales and Use Tax Review. We
can determine proper compliance to avoid overpayment, help minimize potential penalties
and liabilities, obtain relevant exemptions, and secure any refunds on your behalf.
As part of the review, our tax professionals will conduct a comprehensive overview
of your business to ensure compliance across all applicable jurisdictions and identify
any tax-savings opportunities. We review aspects of your business with tax implications
that often are not adequately addressed, such as contracts, invoices, and marketing
claims that can prompt the attention of tax authorities.
The program is uniquely valuable to businesses that are active in many jurisdictions,
especially those with sales operations in numerous states that could be unaware
of tax liability.
Our Services Include:
- Responsible Party Defense
- Review Sales Tax compliance—state by state
- Review company’s internal controls and procedures for sales/use tax
- Representation before state & local taxing authorities
- Voluntary disclosure filing
- Tax audit representation and tax controversy resolution
- Penalty abatement and negotiations
- Evaluate filing requirements and nexus issues
- Penalty and Interest Abatement negotiations
- Audit defense
- Deferred Payment arrangements