To ensure that clients conducting business in multiple states report their income correctly, Porte Brown LLC created its State and Local Tax (SALT) Practice Group. A company does not want to find out after the fact that their recently completed business deal has an accompanying tax exposure that they were unaware of. Our specialized expertise can help you identify these issues before they occur.
Our proactive team asks the right questions up front so that we can anticipate potential issues. We work with clients throughout the year to minimize or eliminate tax exposure at a later date. Porte Brown LLC is dedicated to learning about your business and protecting it from unnecessary tax liabilities.
When goods and services cross state lines, nexus comes into play and your company potentially becomes responsible for income taxes and other taxes in those states. Depending on your company’s presence in another state (via inventory, sales representatives, etc.), your company may be responsible for applicable taxes in those states. Driving your truck across a state line could cause you to have nexus, depending on which state you are traveling into. We help clients anticipate their potential exposure.
Is your company registered in all of the states in which it operates?
Porte Brown’s State and Local Tax Practice Group has experience and expertise in three primary areas:
- Illinois Tax
- Multi State Tax Issues (Nexus)
- Multi State Returns
For more information, please contact Porte Brown’s State and Local Tax (SALT) Practice Group leader, William Sebastiano, Partner, at 847-956-1040.