We help clients more effectively manage their business through our understanding of State, local, and multi-state taxation.
State and local taxes can significantly affect a company’s cash flow and tax rates. Our specialists are well-versed in state and local taxes (SALT). We help clients with cross-border tax planning and assist companies with recovery of overpayments. We work with our clients to proactively plan for all state and local tax responsibilities. We don’t just help clients stay in compliance, we help minimize their tax liability and look for key financial opportunities in the process.
Our expertise includes:
- Income and franchise taxes
- Indirect taxes
- Property taxes
- Sales and use taxes
- Tax controversy and dispute resolution
Property tax is one of the largest recurring operating expenses associated with tangible asset ownership. On many occasions, we find that owners are unaware which items are taxable, which items are being assessed, or even how their property is being valued. MBAF’s experience, knowledge, and vast network of resources mean that you can rely on comprehensive solutions to protect your interests and minimize your tax exposure.
Personal Property Tax Consulting
MBAF has the experience and resources to help your business assess of all your assets. We ensure our clients are compliant and the proper amounts are reported timely to the taxing authorities.
- Appeal Services
- Audit Services
- Tax Compliance
- Fixed Asset Clean-up
- Property Classification
- Tax Process Analysis
- Tax Abatement Negotiation
- Tax Projections
Personal Property Tax Compliance (Outsourcing)
Keeping up with the increasing volume of personal property tax regulations and requirements can be daunting. Outsourcing may be the right option for many clients to ensure you have the knowledge and expertise to generate the highest tax savings possible. MBAF’S Property Tax outsourcing team can help you manage your compliance as well as budgeting and advice on other related tax matters.
- Appeal and determination services
- Audit support
- Preparing and filing renditions
- Comprehensive reporting
- Property tax budgets and accruals
- Tracking and maintaining assessment notices
Real Estate Appeals
MBAF offers expert assistance in appeals of real estate assessments and taxes. Our professionals have been highly successful achieving substantial tax savings from appeals for our clients.
- Review and analysis of your property
- Obtain current and past assessment information
- Determine current assessment method
- Obtain necessary property information
- Prepare and file petitions
- Perform on site property inspections
- Analyze cost market sales and income approaches to value
Tax Credits and Incentives
Federal, state, and local governments offer credits and incentives to businesses to stimulate economic development and investment. Whether it’s to help businesses start-up, expand, or even stay within certain jurisdictions, businesses can take advantage of these credits and incentives to save money.
Our professionals have extensive experience with tax credits and incentives available for your business. Whether you are conducting research and development, expanding current business operations, investing in employee recruitment and training, or purchasing equipment, our professionals are here to help identify and capitalize on opportunities.
Our experience includes a variety of specialty tax credits and incentives including:
- Research and development tax credits
- Reverse sales tax audit
- Cost segregation studies
- Transferable tax credits
- Hiring and zone-based credits
Our SALT expertise and knowledge of the numerous tax credits and incentives is vast. We’d love to put our experience to work for you. Don’t hesitate to contact us now.