State and Local Tax Consulting Services
Nexus
- Identify nexus creating activities
- Assess physical and economic nexus exposure and risk
- Clarify evolving legislative definitions
- Review annual business license requirements
- Assist with preparation of state and local sales tax registrations
Compliance
- Apply for voluntary disclosure agreements
- Analyze state amnesty benefits
- Negotiate alternative agreements
- Reduce interest and penalty assessments
- Determine open look-back periods
- Respond to inquiries and audit notifications
- Review sales and use tax reserves under ASC450
- Sales and use tax return filings
For more information, click here.
Mergers & Acquisitions
- Complete due diligence
- Identify potential liabilities
- Analyze in-process audits
- Review proposed business consolidations
Outsourcing
- Handle registration and return compliance
- Process renewals for business license compliance
- Coordinate managed audits
- Conduct reverse audits
For more information, click here.
Strategic Planning
- Analyze cash flow enhancements
- Conduct transactional analysis
- Complete taxability studies
Technology Support
- Assist with selection of sales tax rate engine best suited to ERP
- Provide implementation guidance and support
- Analyze tax consequences during system conversions
let's connect!
Get in touch today with any questions. We look forward to hearing from you.
The personal information collected is only used by Thompson Tax LLC for the purpose defined at the time of collection or a use that complies with this purpose. We do not share your information with any third parties.