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State Income and Franchise Tax Services
State income and franchise tax strategies to support your business goals
Income and franchise taxes can be a significant portion of the overall SALT exposure for companies doing business in multiple states. Each state has its own rules, unique compliance challenges and planning opportunities. Our experienced SALT team works with you to resolve your income and franchise tax concerns. Services include:
- State and local tax evaluation
- Due diligence
- Reverse income tax audit
- Multistate tax return reviews
- Multistate credits and incentives
- Audit defense and appeals
- Individual income tax planning
- Nexus evaluation and voluntary disclosure agreements
Learn more about RSM’s collaborative approach to income and franchise taxes.
Budget bill address GILTI, qualified manufacturers, sales tax nexus, personal income tax rate extensions and property tax rate caps.
Tax bill reduces corporate tax rate and adopts single-sales factor apportionment and NOL changes; enacts remote sales tax provisions.
Legislation would have addressed various tax reform provisions, conformity, and remote seller sales tax nexus.