The State and Local Tax Consulting Services of Lee, Sperling, Hisamune

Lee, Sperling, Hisamune Tax Consultants can help address your growing State and Local Tax concerns in the following areas: (1) multistate income/franchise tax; (2) sales and use tax; and (3) a wide range of other issues, including employee payroll, real and personal property tax, unclaimed property, and so on.

The perplexing thing about state and local tax regulations is that they can be so obscure and complex. Even the best-intentioned multistate organization may inadvertently overlook certain tax obligations--thus becoming liable not only for the tax itself but for unanticipated interest and penalties.

If Your Concerns about State and Local Taxes are Growing--There's Good Reason

States are Getting More Aggressive

No, they're not banging on your door at 3 a.m., barging in and asking "Where's your tax payment?" Not yet. But tax-hungry states and local municipalities do need more money to operate, and are consequently growing more aggressive. They're determined to track down out-of-staters (or out-of-towners) who owe taxes--including inadvertent offenders--and put the squeeze on them for every penny.

Stepping Up the Search for Tax Offenders

One way that states more aggressively pursue tax compliance is through joint-compliance agreements with other states and between divisions within a state: the "one hand washes the other" technique. Another approach is by accessing corporate files covering payroll records, orders placed, and products or services delivered.

Many Clients Lack The Resources To Keep Up With Tax Laws

A "crazy quilt" of new state and local tax legislation is cropping up. Staying abreast of these laws--such as the use tax on out-of-state purchases or taxes on buying or selling a business--is a full-time career. Often, firms purchasing goods out of state are not being charged sales tax and don't realize that they are subject to use tax. They must pay one or the other--or else be subject to a penalty.

Few clients have the resources necessary to stay up-to-date on the latest developments in these areas. Don't let lack of knowledge put you at risk of being assessed for major tax liabilities. Get the professional guidance, training, and assistance you need to successfully manage state and local tax complexities.

How Lee, Sperling, Hisamune Can Help

Lee, Sperling, Hisamune Tax Consultants provide knowledge and assistance for clients like you who have state and local tax issues. A sample of the services our state and local tax professionals provide are listed below:

• Develop planning ideas to minimize or eliminate your state and local tax exposure.
• Understand your past, present, and future tax-compliance responsibilities.
• Coordinate all phases of state and local examinations by taxing authorities.
• Evaluate your company's specific or multistate procedures and operations.
• Identify potential liabilities and/or opportunities for refunds.
• Work with computer consultants who can install new accounting systems to identify taxable and nontaxable transactions, and automatically prepare required sales tax forms.
• Identify nonresident employee payroll tax compliance, registration, and reporting issues.

Pinpointing Your State and Local Tax Compliance Needs

Lee, Sperling, Hisamune clients need to pinpoint problem areas with state and local tax compliance before you're contacted by authorities under pressure to collect more taxes.

Lee, Sperling, Hisamune quickly moves in to analyze and determine noncompliance liabilities, compliance costs, and the like. Our goals are to (1) clarify your needs and help set priorities, (2) suggest and implement solutions, and (3) train your employees (upon request).

Bottom Line, Complying With State And Local Tax Issues Is Your Responsibility

Our Tax Consultants bring special qualifications to bear on issues of state and local tax compliance. Many have industry-specific experience. All have a sound understanding of Lee, Sperling, Hisamune services that can help you avoid surprises--especially those involving tax liabilities.

We Can Help

Don't let tax-hungry state and local authorities take you by surprise. Find out more about our State and Local Tax Consulting Services.

For more information on our State and Local Tax Consulting Services, please complete the information request form.

Lee, Sperling, Hisamune
550 North Brand Boulevard, Suite 525
Glendale, California 91203
Phone: (818) 507-6645 - Fax: (818) 507-7891
Email: lsh@leesperling.com