BDO United States

BDO United States

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State and Local Taxation

Multi-state taxes can account for more than half of a business' tax liability. At BDO, we understand the impact of state and local taxes on a business.

With over 80,000 state and local tax jurisdictions nationwide - each with its own set of rules and regulations - state and local laws, statutes, regulations and rules are constantly changing and expanding. Many businesses are unaware of the tax exposure created by their presence in other states, which can lead to additional penalties and interest if not properly handled.

How we can help

In today's business environment, successful organizations are those that manage and plan for every cost. BDO's multi-state tax professionals can help clients identify, plan, implement and manage innovative programs to help minimize state and local taxes in the following areas:

  • Income and Franchise Tax
  • Property Tax
  • Sales and Use Tax
  • Abandoned and Unclaimed Property
  • Tax Incentives - Credits and Abatements

Specific areas where our state and local tax professionals can assist clients include:

  • Comprehensive reviews of state and local tax liabilities and identification of potential tax minimization and refund opportunities
  • Review of state tax implications of proposed mergers and acquisitions
  • Assistance with state and local tax audits
  • FIN 48 assistance
  • Preparation of multi-state nexus studies
  • Reverse sales tax audits
  • Negotiation of voluntary disclosure agreements
  • Development of sales and use tax manuals
  • Assistance with unclaimed property voluntary disclosure agreements
  • Compliance outsourcing