State and local taxes (SALT) have become a significant cost of doing business due to a variety of factors — state conformity to federal tax reform, increased pressure for revenue at both the state and local levels and expansion of nexus provisions for various taxes. Compliance with constantly changing regulations has become a burden for businesses, so companies need customized SALT solutions tailored to their unique business needs — whether they are a Fortune 500 company or just getting started.

DHG’s SALT professionals have a collaborative approach and combine their extensive technical knowledge and experience with professionals within DHG’s industry segments to provide our clients with an integrated approach and well-crafted services. We strive to provide responsive and proactive insights to your needs so that you can make the most of your tax opportunities.

KNOWLEDGE SHARE

Alert
Tax Considerations for Co-Obligor / Guarantor Strategies
Tax Considerations for Co-Obligor / Guarantor Strategies

Many companies have experienced an issue of having interest expense at a single entity (typically the parent of an affiliated group of entities), requiring a strategy to allocate the interest expense currently on the books of the parent entity to all of the operating subsidiaries whose assets and...

Alert
State Legislation Addressing IRC Conformity to CARES Act
State Legislation Addressing IRC Conformity to CARES Act

As taxpayers begin filing their 2020 income tax returns, there are numerous considerations regarding the state tax treatment of specific provisions of the CARES Act. Understanding state conformity with these provisions is critical ahead of filing state income tax returns. Some states have updated...

Alert
IRS to Issue Regulations on Deductibility of State and Local Income Taxes
IRS to Issue Regulations on Deductibility of State and Local Income Taxes

The Internal Revenue Service (IRS) recently released Notice 2020-75, stating that proposed regulations will be forthcoming indicating that when a state or local jurisdiction imposes a tax at the entity level, the tax will not be subjected to the deduction limitation on state and local taxes that ...

SERVICES

DHG understands the complexities that accompany SALT. With our comprehensive set of SALT services, clients can expect to successfully manage their unexpected state and local tax challenges while reaching their goals in a tax efficient manner.

  • Apportionment Review
  • Audit Defense, Voluntary Disclosures and Tax Amnesty Registration
  • Entity Restructuring
  • Income and Franchise Tax Compliance
  • Negotiated Incentives
  • Nexus Studies
  • State and Local Tax Credit Optimization
  • Tax Compliance Outsourcing
  • Tax Systems Automation
  • Real and Tangible Personal Property Tax Consulting and Compliance
  • Reverse Tax Audits and Recovery
  • Unclaimed Property

EXPERIENCE

Our SALT professionals merge their knowledge and experience with professionals within DHG’s industry specific segments to provide tailored solutions to our clients. Through a high level of personal attention and accessibility, our SALT professionals understand each client’s unique position and are fully prepared to deliver quality service. We offer customized solutions to SALT issues and provide our clients results such as:

  • Permanent tax savings
  • Increased cash flow
  • Tax efficient organizational structures
  • Tax strategies that closely align with business strategies
  • Knowledge of state and local tax obligations