Discover strategies to tackle state and local tax burdens and realize opportunities
Ever-shifting market dynamics, technologies and regulations can pose challenges for businesses. Such shifts may increase state tax liabilities, complicate audit practices or burden compliance processes. We predict that:
Explore specific state tax predictions and learn how you can transform risk and compliance into business advantage, work side-by-side with stakeholders as strategic business enablers, align the state tax plan with the business strategy and instill confidence in your organization.
It is challenging to navigate through the maze of rules, risks and obligations to not only comply, but to drive advantage. States will continue to seek to close revenue gaps by increasing taxes and broadening tax bases.
Types of increased state activity: Businesses have seen an increase in state audit activity as states seek to increase revenue in the face of tightening budgets and the hesitancy to actually adopt tax increases.
Companies will need to automate their current tax functions, data management, and compliance operations to more quickly and accurately track state tax information.
Peter Michalowski looks at how companies can deal with state leg® issues to best manage their businesses.
Discover analysis and insights for state and local tax developments.
Peter Michalowski
National SALT Practice Leader
Tel: +1 (646) 471 5259
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