Cash Recovery Services
Cherry Bekaert will review your past corporate tax filings, transactions and filing positions for refund opportunities for all state and local tax types. We will also assist you in preparing refund claims, amended returns, and other required documentation for obtaining any identified overpayments.
Strategic Planning
To effectively manage your increasing tax burden, Cherry Bekaert offers structure alternatives and legal entity optimization and provides valuable transaction planning to keep up with a company’s growth.
Multistate Transaction Services
When a business considers forming an entity, buying or selling assets, strategic joint ventures, or acquiring or merging with another company, Cherry Bekaert can help identify important tax implications and offer potential solutions and alternatives. In addition, we can assist with merger integration and post-merger optimization of the business operations.
Compliance Services
Cherry Bekaert offers a variety of services designed to handle compliance needs in the most cost-effective manner, including outsourcing services, ASC 740 and ASC 740-10 (FIN 48) analysis, reporting positions and elections, combined and consolidated filing, allocation and apportionment, and cost of performance reviews. We are prepared to help you outsource or co-source the SALT compliance process to leverage the company’s resources for more pressing concerns. We can assist in reviewing the effectiveness and fit of the corporate tax structure and planning in place.
Audit Advisory & Dispute Resolution
Cherry Bekaert’s SALT team has proven success in audit representation, managing audits, negotiating settlements, and providing comprehensive support for tax controversies and litigation. Our professionals deliver strategic audit advisory services, offering tailored solutions to optimize tax positions and reduce liabilities. We also excel in effective dispute resolution, leveraging deep industry knowledge to navigate complex state and local tax challenges with precision and confidence, ensuring your business remains compliant and financially efficient.
Process Optimization
Our process optimization services can assist companies not only in paying the appropriate amount of tax but also in reducing any associated internal costs. To reduce overall compliance costs, we design a process map to assist in streamlining, automating or outsourcing businesses’ key tax function processes. This service is especially critical and valuable upon the acquisition and integration of a target company’s operations.
Other State & Local Tax Services