State and local tax laws are complex and always changing. It's difficult for businesses like yours to commit the resources necessary to stay current on the tax laws that touch your business. Unfortunately, it's not uncommon for companies to pay too much, or unintentionally, fall out of compliance for not paying enough.
That's where we come in. We help you comply with state and local tax laws and minimize your state and local tax liabilities.
We help you discover:
 | What is a fair real estate assessment on your land and improvements |
| How to minimize sales and use tax obligations |
| How much you could save by leveraging credit and incentive programs |
Our goal: to help you pay the minimum state and local taxes required by law.
Real & Business Personal Property Tax
Many factors affect your tax assessment, including the functionality of your building and/or equipment and outside economic influences. It's difficult for businesses to monitor the tax environment on their own—and chances are good you're paying too much tax.
Our
professionals understand your business and how to maneuver through the regulatory obstacle course. In fact, our clients typically receive an average reduction of 12 percent in their property tax liability when MarksNelson appeals their real and business personal property assessment.
Sales & Use Tax
Many organizations find it difficult to navigate the complex and varied state and local sales and use tax compliance laws. At MarksNelson, your team is dedicated to protecting your business from the damaging impact of non-compliance.
MarksNelson's sales and use tax experts work to minimize your audit exposure and to minimize audit findings. When necessary, we provide:
| Audit representation |
| Voluntary disclosure and registration |
| Litigation support |
| Reverse audits/tax refunds |
| Strategy and research assistance |
Incentive Services
Your future building, equipment, or employees could generate more cash flow benefits than you may anticipate. Let us help you find out which tax credits and incentives offered by your state or local governments can benefit your company.
State and Local Tax Services
| Real and business personal property tax assessment review/appeal techniques, including functional and economic obsolescence studies |
| Real and business personal property compliance services |
| Sales and use tax planning, compliance, audit defense, reverse audits |
| Incentive services, including site selection, tax abatement, tax credits, loans, grants, training dollars, industrial revenue bond consulting, and tax increment financing consulting |
| Selection/incentive negotiation services |