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Tax Services salt@mkllp.com < < Back to Tax Services Homepage State & Local Tax State and local tax laws change constantly. They pose complex and distinct challenges, and they affect all business entities and individuals regardless of their region or municipality. Marcum & Kliegman's State & Local Tax Group assists managers of sole proprietorships and multi-million dollar corporations with both state and local income and non-income tax issues. Marcum & Kliegman recognizes this important challenge to businesses and, as a result, has organized a full complement of State and Local Tax (SALT) experts to proactively assist clients. Our professionally-trained, experienced staff of attorneys and accountants develops and implements SALT planning strategies to save businesses significant state tax dollars and helps reduce their overall state tax burden. State/Local Income/Franchise Tax Planning & Compliance Marcum & Kliegman's State and Local Tax Consulting Group offers innovative and value-driven income/franchise tax planning strategies for all corporations, whether they are conducting business in one, several, or all fifty states.

Tax Related Websites Internal Revenue Services NYS Department of Taxation & Finance NYC Department of Finance California Franchise Tax Board NJ Division of Taxation

By implementing one, or a combination, of our tax reduction strategies, Marcum & Kliegman helps its clients significantly reduce their company's effective state tax rate and increase their earnings per share, if publicly traded. The Firm helps its clients understand the ever-changing state income and franchise tax law landscape while recommending optimal tax and business alternatives. State and local income and franchise tax planning strategies include:

• Nexus planning
• Use of special purpose entities
• Use of pass-through entities
• Apportionment planning
• Use of intercompany debt
• Merger & Acquisition planning
• Voluntary disclosure negotiations
• Arm's length pricing studies for intercompany transactions
• Combined/consolidated income tax report review
• Tax Controversy and Dispute Resolution
• Audit Defense

Non-Income Tax Consulting and Compliance
Marcum & Kliegman's State and Local Tax Consulting Group's dedicated experts can help businesses minimize their non-income tax burden retain more of their profits that might otherwise be paid out unnecessarily to state and local governments. Our services in the non-income tax consulting area include:

Sales and Use Tax Planning

• Nexus reviews
• Reverse "refund" audits
• Voluntary disclosure program
• Audit defense
• Select states' negotiated rate determination for purchases
• Tax exemption and document review
• Sales taxability review for sold products & purchases