Rob Mandel, Partner

Why BKD?
Your goal is increasing profit.

Our goal is saving you tax dollars and helping you with cost- effective compliance systems.

BKD performs these services for you on a turnkey basis. Many services offer performance-based fees. Working together, BKD leads you through the maze of state and local tax laws toward tax savings and increased profit.
Did You Know... ?
Certain seemingly insignificant activities may require you to pay sales tax in another state or file income tax returns in another state.

Evaluate your nexus exposure and reduce your liability. Complete our free multistate tax questionnaire, and a BKD tax professional will review your business activity and contact you about possible nexus issues.

Experience insight
Overpaid Sales Tax Recovery – A national transportation company asked BKD to recover any overpaid sales taxes after a Big Four accounting firm was able to recover only $60,000 for the company. BKD successfully handled the "cleanup" project by recovering an additional $600,000 for the company.

Property Tax Savings – BKD obtained a property tax abatement of more than $500,000 for a mid-size manufacturer. This large property tax savings was a win for the manufacturer, especially considering this issue had unsuccessfully been appealed twice before a property tax review board.

Franchise Tax Recovery – BKD recently recovered more than $1.8 million in franchise tax for a financial institution. It took the innovative solutions of the BKD team to successfully recover these funds after a Big Four accounting firm failed to recognize and apply these exemptions when filing the institution's tax returns.

State and Local Taxes

How much of a bite from your company’s profits do state and local taxes take? Do you feel like you are in a maze of bureaucracy whenever you try to figure out how much you owe? Do you feel like you might be missing out on lucrative tax credits and incentives or just that you’re paying too much?

Taxes are a cost, right? Not necessarily. At BKD, we view state and local taxes as an opportunity to save. How? By pursuing a policy of tax reduction, we address many aspects of state and local tax planning and compliance to look for opportunities for savings.

State & Local Tax Solutions Sheet

WOTC Solutions

Personal Property Solutions

Real Property Solutions

Articles:

Major Change in Georgia Manufacturing Machinery Sales Tax Exemption, November 2009

Re-Engineer Your Sales & Use Tax Compliance

Customized Solutions from BKD

As one of the 10 largest CPA and advisory firms in the nation, BKD is uniquely situated to help you turn state and local taxes into an opportunity for real savings. Our dedicated state and local tax practice has been the firm of choice for several Fortune 500 companies as well as thousands of small and mid-size companies. Big-firm talent, services and skills with small firm overhead make BKD the best choice for your state and local tax needs.

Our team has extensive training in tax accounting, tax law, compliance, audit and economic development benefits. We have experience with the tax laws in many states, particularly in the central United States. Our solutions include:

Sales & Use Taxes

Sales and use taxes are a significant revenue source for states. However, the laws in this area are full of special exemptions, elections and exceptions that vary by state. We help you navigate this maze and take advantage of the different laws and interpretations by providing:

Income & Franchise Taxes

Whether you do business in one state or several, you know too well how difficult state income and franchise taxes can be. We work with you to develop a strategic tax plan that allows your company to grow.

Our state tax professionals help you take advantage of planning opportunities that can reduce your tax burden. And we apply our knowledge to nexus, apportionment, legal entities and other concepts to help reduce your state income and franchise taxes. We can help you with:

Property Taxes

Our tax and business valuation consultants can assist in identifying opportunities to save on real and personal property taxes and seek refunds from local and state taxing authorities. We can help you:

  • Challenge incorrect valuations
  • Identify exemptions, refunds and abatement opportunities
  • Look for misclassifications
  • Appeal to taxing authorities and file necessary documents
  • Audit defense
  • Litigation support

Unclaimed Property

BKD professionals can help you address unclaimed property issues to comply with state law.

Credits & Incentives

Many state and local governments offer incentives to attract new businesses and expand existing ones. Researching the opportunities and taking advantage of them can be difficult and time consuming. We can help you:

  • Identify opportunities
  • Take advantage of exemptions, refunds, abatements and credits
  • Develop strategies to profit from these incentives on an ongoing basis

Employment & Hiring Income Tax Credits

There are numerous state and federal tax credit programs available to businesses across the country. Two often overlooked credits are:

Let us help you take advantage of these opportunities for savings.

For More Information

Contact your BKD advisor or:

Rob Mandel
Partner
816.701.0212
Bryan Neuendorf
Partner
816.701.0269
Doug Stucker
Partner
713.499.4757