The State and Local Tax Burden of Inc. 500 Companies

Posted by brianstrahle on Sep 19 2012 1177 printer friendly

What is the greatest state and local tax expense of Inc. 500 companies?

Sales and use tax
Property taxes
Payroll taxes
Income taxes
Franchise taxes

The answer may vary by company and industry, but regardless, state and local taxes can be a burden on a start-up company or mid-size company trying to grow.

Each company as it adds employees, expands across state borders, acquires equipment and facilities, hires sales people, sells goods, services or software over the Internet, etc. creates more state and local tax obligations. The liabilities can grow out of control without proper oversight and focus. The "right size" or "right amount" of resources focused on a company's state and local tax burden can make all the difference.

What is your company currently experiencing? What tax is holding your company down like an anchor?

What tax would you eliminate if you could?

This blog

State and Local Tax 360˚

My name is Brian Strahle and I hope you find this blog informative and useful. My personal mission is to fix and prevent state tax problems. I provide companies with leverage (knowledge, judgment and advocacy) so they can operate across state lines with peace of mind.

I am a multistate tax consultant and I serve clients across the U.S. from my office in Washington D.C. For more info, visit my website: www.leveragestateandlocaltax.com

Connect with me on LinkedIn. Follow me on Twitter. Join the Leverage | SALT LinkedIn Group, connect and contribute with your colleagues!

Because state and local taxes are deceptively simple and endlessly complicated.

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State and Local Tax 360˚

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