> Services > State & Local Taxation

Today's tax climate is constantly changing and is extremely complex. Companies need sound tax advice if they are to survive and prosper. Many firms that provide tax advice focus on the federal tax aspects of a planning effort or a potential transaction. State and local taxation is often considered as an afterthought, if at all. That is not the case at E.F. Alvarez & Company. The tax accountants in our State and Local Tax Group are finely attuned to the intricacies of state and local tax matters and can potentially save your business significant dollars.

E.F. Alvarez & Company, P.A. offers a full range of state and local tax planning to businesses of all types and sizes. Our state and local tax team is frequently called upon to advise businesses on the following types of issues and transactions:

Analyzing the impact of sales and use taxes on corporate transactions such as the sale of either an entire operating division or identifiable part of a business, division or group of assets
Assessing differences in the way a particular tax entity (e.g., limited liability company, S corporation or qualified S subsidiary) or a particular transaction may be taxed under the applicable state tax regime versus how it may be taxed under the federal income tax regime and reconciling any differences through proper planning
Liquidation of a business or corporation
State tax impact of liquidation of a business or corporation
Property tax planning and preparation
Fuel tax credits
Business tax license planning and preparation
Analyzing the state and local income and franchise tax aspects of corporate acquisitions, including the effect of an acquisition on a state's jurisdiction to tax, as well as the effect of an acquisition on the apportionment and allocation of income
Industrial machinery credits
Calculation of throughput for preparation and planning for energy exemption taxes

Our state and local tax accountants are highly versed in all aspects of state and local tax planning, as well as all aspects of tax compliance, including general and procedural matters before local and state tax authorities. We regularly represent clients in the preparation of administrative tax protests and state tax audits.

E.F. Alvarez & Company, P.A. appreciates and welcomes your inquiries. We think you will find we have the proven expertise, resources and services to best serve your state and local tax planning needs in an extremely competent and professional manner.

Analyzing the impact of sales and use taxes on corporate transactions such as the sale of either an entire operating division or identifiable part of a business, division or group of assets
Assessing differences in the way a particular tax entity (e.g., limited liability company, S corporation or qualified S subsidiary) or a particular transaction may be taxed under the applicable state tax regime versus how it may be taxed under the federal income tax regime and reconciling any differences through proper planning
Liquidation of a business or corporation
State tax impact of liquidation of a business or corporation
Property tax planning and preparation
Fuel tax credits
Business tax license planning and preparation
Analyzing the state and local income and franchise tax aspects of corporate acquisitions, including the effect of an acquisition on a state's jurisdiction to tax, as well as the effect of an acquisition on the apportionment and allocation of income
Industrial machinery credits
Calculation of throughput for preparation and planning for energy exemption taxes