Due to differences in tax systems among the states, legal entity structure can have a profound impact on state tax liabilities and the bottom line. Few corporate organizations evolve naturally into a legal structure that is the most efficient from a state tax standpoint. Opportunities may exist to lower the effective state tax rate and improve cash flow through the use of special purpose entities. We implement a legal entity structure that minimizes the company’s state and local tax burden while being compatible with business operations.
|Who||All industries: manufacturers, distributors, wholesalers.|
Applies to clients filing in two or more states as a S or C corporation.
|When||Post filing review or in preparation for compliance filing.|