State and Local Tax Strategies
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State and local taxes can significantly impact your company’s cash flow and increase your effective tax rate.  Our state and local tax practice focuses on understanding all of the state and local taxes you pay and on identifying ways to reduce or eliminate those taxes.  This practice focuses on the tax categories below and also identifies planning opportunities based on our knowledge of the various state and local tax regulations, advanced technology and research tools and an in-depth understanding of your business.

 

  • Business incentives and credits
  • State and local income taxes
  • Sales and use taxes
  • Personal property taxes
  • Real estate taxes
  • Unemployment taxes
  • Excise taxes

 

When You Need These Services

 

  • High effective tax rate
  • Payment of taxes whose basis you don’t fully understand
  • Operations in several states
  • Increase in number of employees
  • Increase in unemployment tax rate
  • Increase in real estate or personal property
  • Recent acquisitions
  • Recent start of business in new states

 

Benefits of the Services

 

  • Potential to maintain current unemployment rate after downsizing
  • Reduce taxes paid on personal property and real estate
  • Cash flow enhancement
  • Annual and permanent tax savings
  • Reduce salary base to pay employment taxes
  • Shifting income to lower state and local tax jurisdictions

 

SBC’s Approach

 

Our SBC tax team will assess all of the non-Federal taxes you pay and the basis for those taxes, as well as develop strategies to reduce or defer tax payments.  Our professionals will also negotiate with the local tax authorities on your behalf.

 

SBC’s tax professionals have many years of experience and training on negotiating to save clients on their state and local taxes.  They use their training and experience from the Big 4 firms, combined with their current training and experience, in order to save our clients money.


 

  • Leadership

    Our team strives to provide outstanding client service using industry and business knowledge to effectively and creatively meet clients’ needs..
  • Commercial

    Our goal when working with commercial organizations is to help you expand while increasing production with accountancy and advisory services, as we've done for Fortune 500 clients in the United States and around the world.
  • Public Sector

    We assist governmental organizations in developing strategies to improve efficiency and effectiveness, identifying risks, ensuring efficient use of resources, and meeting operational requirements.
  • Tax Exempt

    SBC combines extensive experience serving nonprofit clients with industry leadership and insight to address the nuances of tax exempt financial and operational management.