With over 9,000 state and local tax jurisdictions across the United States, planning for state and local taxes is complex and has become increasingly difficult. State and local taxes take many forms and can be a significant cost to doing business. Keeping abreast of all of the potential state and local tax laws and complying with them is a daunting task. The state and local tax professionals of BeachFleischman are experienced in state and local tax matters and are ready to assist you and your business meet these complex compliance requirements. They serve as trusted tax advisors to proactively manage your entity’s tax liabilities and work to keep your company in compliance while minimizing the related tax burden.
Whether your company is an emerging operation or a large, established business, our State and Local Tax team provides advice and solutions in the following areas:
State Income Tax
- Prepare multi-state income and franchise returns
- Complete income tax nexus studies
- Complete and implement Voluntary Disclosure Agreements
- Explore and implement tax credit opportunities with the various states
- Audit defense
Transaction and Sales and Use Tax
- Complete sales tax nexus studies
- Complete and implement Voluntary Disclosure Agreements
- Audit defense
Recent SALT Blog Posts
Arizona Prop 208 Adds a 3.5% Surcharge to Highest Personal Income Tax Bracket
Arizona voters approved Proposition 208, which took effect on January 1, 2021. Prop 208 adds a 3.5% surcharge to Arizona’s highest personal income tax bracket, resulting in an effective tax rate of 8% for affected taxpayers. At this increased 8% tax rate, Arizona becomes one of the highest taxing states for top earners. Affected individuals are[ … ]
2021 Arizona Electronic Filing & Payment Requirements
The new year brings some new rules for Arizona taxpayers. If you and/or your business are subject to tax in Arizona, please be mindful of these new rules that may impact your tax responsibilities: If your business is subject to Arizona’s corporate or partnership income tax, effective January 1, 2021, corporations and partnerships are required[ … ]
Sales Tax Economic Nexus
In the post-Wayfair era, where physical presence is no longer required to be subject to a state’s sales tax, states continue to enact sales tax economic nexus provisions for remote sellers. If you are a business selling goods into multiple states, it is important for you to keep track of your sales and transactions by[ … ]
Contact our State and Local Taxes Team
BeachFleischman has offices in Phoenix and Tucson, Arizona and can serve companies throughout the United States with their State and Local Tax needs. If you are interested in learning more about how BeachFleischman’s State and Local Tax professionals can assist with these matters, please contact us.
