Mitchel Zuniga & Smith Tax and Business Services home page

International Taxation
___________________
Transfer Pricing
___________________

Collection Representation
___________________

Audit Representation
___________________

Business Services

part-time controllerships
___________________
Nonprofit Organizations
___________________

Home
___________________

 Mitchel Zuniga & Smith Tax and Business Services There's No Substitute for Experience

State Tax Issues
 
Due to limited resources and manpower, state taxing authorities approach audits and tax collection more aggressively than their federal counterparts. Our specialists can help the client or practitioner prepare for a state tax audit and "preempt" an auditor's actions. Proper planning can uncover tax-saving opportunities and minimize potential liabilities.

If a business operates in more than one state or the business sells to customers in multiple states, the business is a multi-state business. The business is subject to a state's taxes only if that state can establish the business has "nexus" in that state. Simply put, nexus is the degree of presence or activity required by a business within a state before the state has the legal authority to impose a tax on the business.

Nexus or no nexus, that is the question.

State and local taxing agencies are seeking to collect more revenue and are aggressively trying to expand what constitutes nexus within their jurisdiction. However, nexus for one state may not be nexus in another. In addition, nexus requirements can be different for different taxes. For example, in California, you may have nexus for sales and use taxes and not have nexus for income taxes. Our goal is develop a plan designed to reduce or eliminate a client's nexus in high-tax states and clearly establish nexus in states with low taxes.

State taxation is not just a scaled down version of federal taxation. There are certain basic concepts of state tax law that are very different from seemingly similar federal tax concepts. Practitioners having limited knowledge of state taxation could easily make a costly mistake or omission without even realizing it. Our specialists have worked at California's Franchise Tax Board and are intimately aware of unique state taxation concepts and nuances.

Let Mitchel Zuniga & Smith be your multi-state specialist.

In the key areas of income/franchise, sales and use, employment and property taxes, Mitchel Zuniga & Smith can provide the following multi-state services:

  • Analyze multi-state tax liabilities and aggressively pursue refund opportunities
  • Audit representation, tax planning strategies and tax return preparation
  • Nexus reviews, answer nexus questionnaires and sourcing planning opportunities
  • Exploration with taxing authorities of possible prior tax liabilities on a "no name" basis
  • Negotiation of settlements, payment plans or offers-in-compromise
  • Monitor latest developments regarding Internet transactions (electronic commerce) with particular emphasis on nexus and sourcing
  • Intercompany transaction reviews
  • Unitary, apportionment, P.L. 86-272 and Water's Edge issues

We are affiliated with State Tax Web, the Source for Multistate Tax Solutions.
 

International Taxation | Transfer Pricing |
Collection Representation | Audit Representation
Business Services | Nonprofit Organizations | Members of the Firm
Our Business Service Associates | Join Our Business Services Team! Contact Us | Copyright Policy top home