BREAKING NEWS

Mindy Marsden Named Our Newest Partner

BMF welcomes with pride and purpose, our newest partner, Mindy Marsden!

Local & State Tax Compliance

Compliance with the rules and taxes of multiple jurisdictions can be burdensome and costly, if not performed correctly. Proper management of state and local taxes is critical to maximizing a company’s revenue and profit; these taxes can significantly impact cash flow and the overall effective tax rate. BMF has a dedicated team of professionals, including a senior manager on staff, responsible for our clients’ state and local tax compliance and planning opportunities. Additionally, our team is adept at discovering opportunities for tax savings and incentives available to its clients.

Expertise

  • State income and franchise taxes
  • Municipal taxation
  • State, county and city sales and use taxes
  • State, county and city property taxes
  • State unclaimed funds rules
  • State and local credits and incentives
Read our Tax Advisor articles  VIEW ARTICLES
State Tax Planning

Identification and support of favorable tax positions provided by the complex and varied state and local tax rules. Includes minimizing any exposure and maximizing any potential savings.

Reverse Tax Audits

Review of clients’ tax positions to identify, document, and support any current risks. Additionally, all potential refund positions are identified and quantified.

Nexus Studies

Analysis of clients’ activities and application of state rules to determine potential liabilities and filing requirements. Documentation of non-filing positions and assistance with minimizing any exposure or filing requirements for prior years.

Voluntary Disclosure and Amnesty Programs

Utilization of state tax programs and relationships with taxing authorities to reduce liability, limit look-back periods for unfiled returns and minimize or eliminate penalties and interest.

Audit and Controversy Support

Serve as representative and contact for state taxing authorities in audit and enforcement actions. Research and documentation of tax positions; negotiation with tax authorities and settlement of tax, penalties and interest, if required.

Non-Traditional Compliance Services

In addition to income tax compliance services, compliance services related to sales and use taxes, property taxes, and unclaimed funds.

Periodic Updates of Relevant Law

Analysis of relevant legislative, administrative, and judicial changes in law that affect clients’ filing obligations or state and local tax liabilities.

Credit and Incentive Support

Identification, application, negotiation, and management of applicable state and local statutory and discretionary credits and incentives.

CONNECT WITH US

Practice Leaders

Mark A. Rossetti

Senior Manager

Robert M. Burak

Partner

CONTACT US TODAY TO START DISCUSSING YOUR OPTIONS

 

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Awards We've Won

Accounting Today RL 21
2020 IPA TOP 200 Firms
IPA 2020 Best of the Best
Best of accounting 2021 client satisfaction