Whether your business operates in all 50 states, a few, or just one, trying to stay current and compliant with income and non-income tax laws and regulations can be time-consuming and often frustrating. The laws are complicated and ever-changing—no matter your business type—C or S corporation, partnership or sole proprietor.

After thoroughly assessing your state and local tax (SALT) needs, Marcum professionals focus on creating a comprehensive and effective tax compliance plan for your business.

Snapshot of Key Services

  • Nexus reviews.
  • Review of apportionment methodology.
  • Audit defense.
  • Voluntary disclosure.
  • SALT due diligence reviews in purchase or sales of businesses.
  • Tax provisions and ASC 740 financial statement disclosure.
  • E-commerce and internet sales SALT issues.
  • Combined/consolidated income tax reporting analysis.
  • SALT incentives and exemptions.
  • Sales tax compliance review.
  • Financial statement disclosure under FAS 5 (Accounting for Contingencies).
  • Taxability studies.
  • Use tax.
  • E-commerce sales.
  • Exemption certificates.
  • Reverse audits.
  • Due diligence in business acquisition or sale.
  • Property tax review.
  • Escheat tax.

Income/Franchise Tax

Marcum’s SALT team approaches your income/franchise tax situation focused on innovative and value-driven tax planning strategies. Our approach is tailored to fit your business needs, ranging from individual tax clients with Forms K-1 from multi-state pass-through entities to multi-state publicly traded corporations.

You receive recommendations for optimal tax and business alternatives designed to reduce your effective state tax rate and increase earnings. Along the way, your Marcum tax advisor informs you about the ever-changing tax law landscape and keeps you up-to-date on the most relevant changes affecting your business.

Sales Tax

Marcum’s Sales & Use Tax consultants have a deep understanding of sales tax laws, including the Wayfair decision. Many are former tax department auditors or supervisors, or experienced tax consultants. They’re uniquely qualified to help you address any pending or ongoing audits and other complicated tax questions you may have.

Other State and Local Taxes

Helping you retain more of your profits by minimizing your non-income tax burden is a prime goal of Marcum’s SALT team. Our objective is for clients to retain more of their profits that might otherwise be paid out unnecessarily to state and local governments.

Services are customized to fit your needs and include: property tax appeals, tax credit and exemption studies, relocation and expansion incentives, employee/contractor planning, and unclaimed property compliance.

Publication

2019 Year-End Tax Guide

The Marcum Tax Guide is a reference to be used when you need a quick refresher on certain tax aspects, whether for individual, corporate, international, or estate and gift tax planning application.

Contacts

Paul J. Graney

Paul J. Graney

State & Local Tax Leader

  • Tax & Business
  • Boston, MA
John  Bonk

John Bonk

Senior Manager

  • Tax & Business
  • Miami, FL
Karen  Connair

Karen Connair

Partner

  • Tax & Business
  • Costa Mesa, CA
Mary Jo  Dolson

Mary Jo Dolson

Partner

  • Tax & Business
  • Tampa, FL
Douglas J. Farrington

Douglas J. Farrington

Office Managing Partner

  • Tax & Business
  • Boston, MA
David  Fontaine

David Fontaine

Partner

  • Tax & Business
  • Providence, RI
Michele  Lipson

Michele Lipson

Partner

  • Tax & Business
  • Miami, FL
Brett  McGrath

Brett McGrath

Tax Services - Connecticut

  • Tax & Business
  • Hartford, CT
Edward  Reitmeyer

Edward Reitmeyer

Regional Partner-in-Charge, Tax & Business Services

  • Tax & Business
  • Philadelphia, PA
Gary  Rose

Gary Rose

Tax Services - Illinois

  • Tax & Business
  • Deerfield, IL
Robert  Spielman

Robert Spielman

Partner

  • Tax & Business
  • Melville, NY
Jeffrey  Winkleman

Jeffrey Winkleman

Corporate Taxation

  • Tax & Business
  • Philadelphia, PA