Our Services

You need specialized tax and accounting expertise to help grow your business. Look to our team of accountants and CPAs for simple solutions to complex challenges.

SALT (State and Local Tax)

WE STAY UP-TO-DATE ON SPECIFIC STATE TAX MATTERS, LAWS AND REGULATIONS SO WE CAN ANSWER YOUR QUESTIONS.

State and local taxes often account for a large portion of your company's total tax liability, and if your company operates out-of-state legislation and regulations passed by state and local governments must be considered.

STATE INCOME TAX CONSULTING:

  • Nexus issues and filing matters
  • Tax audit assistance
  • In reported fraud cases, it took an average of 18 months to detect the crime.

TAX RESEARCH RELATED TO:

  • Apportionment
  • Factor research (e.g. single factor vs. 3 factor)
  • Pass through entity, entity level filings
  • Composite filings
  • M&A diligence reviews - we can work for either the buyer or the seller to review for exposure issues
  • Service revenue sourcing - cost of performance vs. market based sourcing
  • Voluntary disclosures
  • Letter rulings

OTHER

  • Personal property tax audits and compliance
  • Business licenses - multistate research
  • Unclaimed property matters
  • Other misc. taxes (for example, local jurisdiction income taxes)

STATE AND LOCAL TAX (SALT) PLANNING HELPS YOUR COMPANY IMPROVE YOUR BOTTOM LINE BY MINIMIZING TAX LIABILITIES.

SALES TAX CONSULTING:

  • Nexus issues and registration matters (Wayfair)
  • Tax audit assistance (any state)
  • Voluntary disclosures
  • Multi-state tax research and taxability matrices (for example, taxability of healthcare products, industrial machinery, sales to schools and non-profits, sales of service)
  • M&A diligence reviews - we can work for either the buyer or the seller to review for exposure issues. Also, good for succession planning.
  • Letter rulings (particularly prevalent for software SaaS issues)

THE NON-INCOME TAXES:

  • Ohio CAT (Commerical Activity Tax)
  • Washington B&O (Business and Occupation Tax)

To speak with an HHM state and local tax planning professional so we can strategically add financial value to your business, please call us at 423.756.7771.

Our Professionals

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