State and Local Tax (SALT)

For many companies, state and local tax compliance can be a large challenge. Our State and Local Tax (SALT) team will work with your company to manage your state and local compliance issues. We look to create solutions that are consistent with your company’s overall business objectives while maximizing your tax efficiency and minimizing your general business risk.

Our PA State and Local Tax experts have experience in the following areas:

  • Sales Tax Refunds
  • Sales and Use Tax
  • Pennsylvania Board of Appeals
  • Pennsylvania Educational Improvement Tax Credit (PAEITC)
  • Pennsylvania Board of Finance and Revenue
  • Pennsylvania Department of Revenue
  • Pennsylvania State and Local Tax

SALT_Weis

Our full range of services include:

Sales and Use Tax

  • Assist clients during state tax audits.
  • Represent taxpayers in refund opportunities before various state’s administrative appeals systems.
  • Prepare multi-state nexus studies based on taxpayer’s activities in various states.
  • Enter in voluntary disclosure agreements where tax is due to limit the amount of years at issue, penalties and possibly interest.
  • Review current business operations and present alternatives to limit exposure to filing requirements and taking advantage of possible exemptions from tax (Trucking Company, Procurement Company, etc.)
  • Prepare taxability matrices to document taxable treatment of a taxpayers sales, including sales of various types of property and services as well as document various state’s treatment on issues such as construction contracts, calculation of purchase price and any other pertinent issue for the taxpayer.
  • Prepare state private letter rulings to document a state’s tax treatment on specific issues.

Corporate Net Income / Franchise Tax

  • Assist clients during state tax audits.
  • Represent taxpayers in refund opportunities before various state’s administrative appeals systems.
  • Prepare multi-state nexus studies based on taxpayer’s activities in various states.
  • Enter in voluntary disclosure agreements where tax is due to limit the amount of years at issue, penalties and possibly interest.
  • Review current business operations and present alternatives to limit exposure to filing requirements and taking advantage of possible exemptions from tax (Trucking Company, Procurement Company, etc.)
  • Prepare state private letter rulings to document a state’s tax treatment on specific issues.
  • Reviewing possible credits and incentives and assist in application process.

Abandoned & Unclaimed Property

  • Assist clients during state tax audits.
  • Enter in voluntary disclosure agreements to limit the amount of years at issue, penalties and possibly interest.
  • Review policies to track and remit Abandoned and Unclaimed Property as well as make suggestions and formalizing the taxpayer’s policy in a formal format.

Gross Receipts Tax

  • Assist clients during state tax audits.
  • Represent taxpayers in refund opportunities before various state’s administrative appeals systems.
  • Prepare multi-state nexus studies based on taxpayer’s activities in various states.
  • Enter in voluntary disclosure agreements where tax is due to limit the amount of years at issue, penalties and possibly interest.

Local Taxes

  • Assist clients during local tax audits.
  • Represent taxpayers in refund opportunities before various state’s administrative appeals systems.
  • Prepare multi-state nexus studies based on taxpayer’s activities in various states.
  • Enter in voluntary disclosure agreements where tax is due to limit the amount of years at issue, penalties and possibly interest.
Pennsylvania Institute of Certified Public Accountants

PICPA

McKonly & Asbury works closely with the Pennsylvania Institute of CPA’s (PICPA) and has many staff members who are heavily involved with the PICPA. The PICPA preserves the legacy and propels the integrity of the CPA profession in PA. As a member of the PICPA our staff has the support, connections, and the professional advantage of the PICPA’s 22,000 members.

Please contact us to get in touch with one of our specialists.