Park Forest, IL EA, Enrolled Agent / CJN CONSULTING

There are several thousand state and local taxing jurisdictions nationwide. Each jurisdiction has its own set of rules with the important goal of generating revenue. State and local laws, statutes, regulations and rules are constantly changing and expanding.

Because of the constant changing state and local environment, the importance of state and local tax planning has risen significantly in recent years. Over 10 years ago federal tax rates were so high and state tax rates and enforcement so minimal that taxpayers focused their attention mainly on federal tax planning opportunities.

But that has changed! Federal tax rates have declined, while state and local tax rates are on the rise, along with aggressive enforcement efforts for revenue collection. As a taxpayer you need to consider state and local tax planning as part of your decision making process.

Most taxpayers are not aware of the tax exposure created by their presence in other states. This exposure can lead to significant penalties and interest if not handled properly.

At CJN CONSULTING, I can help you minimize your state and local tax burdens through proactive state and local tax planning. I provide state tax planning services that:

Help you identify ideas for potential state tax savings and refund opportunities
Determine if there are state and local tax credits that you and/or your business can take advantage of.
Assist you with inquiries from the various taxing jurisdictions by replying to state notices or assisting you in resolving state and local tax controversies.
Analyze state and local tax considerations you should consider if planning to relocate to another state.
Help you determine the proper states in which you should file state income tax returns.
Allow the proper use of net operating losses to minimize your state and/or local tax laibility.
Evaluate the potential liability of non-resident individuals, partners or businesses for state income tax from professional services performed by you and/or your company in a particular state.
Identify transactions and planning opportunities to minimize your company's sales and use tax liabilities.
Determine any state tax consequences of acquiring and disposing of your business or investment assets.

Call my office at (708) 747-5100 or complete the form below if you have state and local tax issues. I can help you ease your mind and your state tax burden.

State and Local Tax Consulting