State and Local Tax

Advisory, compliance, and reporting for state and local tax requirements

States across the country are becoming increasingly creative when it comes to finding new revenue sources. This can mean new taxation and compliance requirements. Businesses throughout the State of Kansas and beyond face the array of ever-changing tax laws, jurisdictional boundaries, pending and enacted legislation, and court decisions impacting their business if they wish to sell both within and outside the state.

Among the challenges and issues businesses encounter when dealing with SALT are:

  • Discovering and capturing all available state and local tax incentives to finance new projects, expand operations, and maximize after-tax earnings
  • Identifying practical tax-saving strategies and corporate structures to comply with state tax requirements and reduce state tax burdens
  • Reducing property taxes using property assessment analysis, accelerating depreciation, tracking assets, and unbundling of equipment purchases
  • Implementing best practices for sales tax automation
  • Helping businesses that are remote sellers with nexus compliance strategies and tactics after the Wayfair decision
  • Establishing processes to monitor and mitigate unclaimed property risks and assist with unclaimed property reporting.
  • Identifying and reclaiming tax overpayments

For a no-obligation discussion of your SALT exposure or issues, please contact Susan Day, Tax Service Line Leader, using the fillable “Contact Us” form on this page.

Solutions

Businesses needing assistance with state and local tax requirements and consultation look for services like these:

  • Abandoned and unclaimed property reporting requirements
  • Apportionment analysis
  • Audit representation
  • Development and implementation of internal controls, policies, and procedures
  • Filing methodology
  • M&A due diligence
  • Nexus reviews on state income and sales tax
  • Property tax abatements and appeals
  • Real estate and personal property tax assessment reviews and compliance
  • •Sales/use tax consulting and compliance
  • Sales/use tax return preparation
  • Sales/use tax reverse audits to identify refunds
  • Specific industry sales/use tax manuals
  • State income and franchise tax planning and compliance
  • State income tax credit/incentive reviews
  • State sales tax exemptions for not-for-profits
  • Tax return preparation
  • Training on sales/use accounting and procedures

Industries

ABBB provides SALT services for companies or organizations in the following industries:

Testimonials

  • For more than 20 years we have had a strong, stable relationship with Adams, Brown, Beran & Ball. Their knowledgeable team has a strong understanding of our business and have been great partners. They have been instrumental in improving our business and financial operations over the years. We have never considered changing firms and would recommend them to anyone without reservation.

    Walt Hill – High Plains Mental Health Center

  • The prompt, personal service provided by the Adams, Brown, Beran & Ball team is the best benefit in working with this firm. They offer knowledgeable advice and help my business plan for any eventual scenario. Their guidance and support show their commitment to helping our business succeed. I would recommend them to anyone looking for an accounting firm that has the best interest of the business and its success at heart.

    John VonLintel – JROBB, LLC

  • Par Exsalonce has used ABBB for over 10+ years for our payroll needs and have found them to be informative, helpful and accommodating. The salon is quite large and we are constantly adding new employees to the two locations. In addition, they handle insurance, IRA, Aflac and other deductions we throw at them! The entire team is wonderful to deal with – from the receptionist to the accountants that handle our diverse business needs. We could not ask for a more knowledgeable and dependable group of people. Our thanks to them many times over!

    Teri Mills – Par Exsalonce

  • “With Adams, Brown, Beran & Ball, we don’t just get a financial advisor – we get a business partner. Our engagement team does an excellent job serving our needs and continually works with us to develop a plan for long-term success. When we come to them with a question, they go above and beyond to get the answer. Knowing we have that kind of support and dedication from our CPA is important. Our company has been in business a long time, and having a partner like ABBB will help keep us on a successful path for many years to come.”

    Gary Shorman – CEO, Eagle Communications, INC.

  • “I own a small business that has been running for over 40 years. I am proud to say we have been with Adams, Brown, Beran and Ball for many of them! I am very pleased with the service they provide and their commitment to helping me grow my business. When I first began working with ABBB, I received guidance and a set of guidelines to follow that helped me achieve my business goals. I have full confidence that if I am unable to reach my main contact, I will still receive the best service so that I can stay on track. I highly recommend the team at Adams, Brown, Beran and Ball.”

    Dan Woolard – Midway Manufacturing, INC.

Recent Posts

State and Local Tax Team Leader:

Susan Day

Day Susan Mar2017

Contact Us:

Auditors | Accountants | Consultants | CPAs – Adams Brown is a Certified Public Accounting firm serving high net worth individuals and business across the central United States, including Kansas and Arkansas offices in Wichita, Kansas City, Great Bend, Colby, Hays, McPherson, and Jonesboro (AR). The firm provides a variety of tax, audit, consulting, and advisory services to guide businesses toward their goals.  Key industries served include agriculture, construction, government municipalities, professional services, and manufacturing.  To help businesses recover from the COVID-19 pandemic, we provide a variety of consulting services including outsourced accounting, cash flow planning, and comprehensive tax review.