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, CPA, CGMA, SALT 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

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

State and Local Tax Team Leader:

Susan Day, CPA, CGMA

Testimonials

For more than 20 years we have had a strong, stable relationship with Adams Brown. 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 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 Adams Brown 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, 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 Adams Brown 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 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 Adams Brown, 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.”

Dan Woolard – Midway Manufacturing, INC.