The truth is that most businesses don’t recognize state geographical markers when implementing their strategic vision. The focus is on how to increase sales, enhance product or service development and maintain effective customer relationships. While the business world is often blind to these lines, unfortunately, state taxing authorities are not. It’s no secret that state Departments of Revenue are aggressively enforcing state, local, use and other tax regulations. This approach, combined with the seemingly endless number of new and modified tax laws, means that a company could have new and unwelcome tax liabilities in several jurisdictions without their knowledge.
Through a nexus determination study, we will identify where sufficient connection (or nexus) with a state or local jurisdiction exists and help the company file and comply with local tax rules and regulations. This allows management to not only proactively plan where and when taxes are due, but also understand where activity can be changed or realigned to eliminate unwanted taxes. The end result is a clear understanding of where liability exists and how to address open issues.