State & Local Tax

Multi-state taxes can account for more than half of a business' tax liability. At Fuoco Group, we understand the impact of state and local taxes on a business.

With over 80,000 state and local tax jurisdictions nationwide - each with its own set of rules and regulations - state and local laws, statutes, regulations and rules are constantly changing and expanding. Many businesses are unaware of the tax exposure created by their presence in other states, which can lead to additional penalties and interest if not properly handled.

How we can help
In today's business environment, successful organizations are those that manage and plan for every cost. Fuoco Group's multi-state tax professionals can help clients identify, plan, implement and manage innovative programs to help minimize state and local taxes in the following areas:

    •    Income and Franchise Tax
    •    Property Tax
    •    Sales and Use Tax
    •    Abandoned and Unclaimed Property
    •    Tax Incentives - Credits and Abatements


Specific areas where our state and local tax professionals can assist clients include:

    •    Comprehensive reviews of state and local tax liabilities and identification of potential tax minimization and refund opportunities
    •    Review of state tax implications of proposed mergers and acquisitions
    •    Assistance with state and local tax audits
    •    FIN 48 assistance
    •    Preparation of multi-state nexus studies
    •    Reverse sales tax audits
    •    Negotiation of voluntary disclosure agreements
    •    Development of sales and use tax manuals
    •    Assistance with unclaimed property voluntary disclosure agreements
    •    Compliance outsourcing



 

In The News

The Fuoco Group is proud to announce its 2018 membership in the Hauppauge Industrial Association - Long Island. As members of HIA-LI, Fuoco Group’s leadership will serve as a resource for current and pending tax laws and regulations, as well as tax planning and accounting.

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Press and Events

August 3, 2018 — Fuoco Group, is proud to announce that Russell Seyffarth, accountant in our Hauppauge office, has been selected as an Honoree in the Long Island Business News 30 Under 30 Class of 2018.

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North Palm Beach, FL (January 31, 2017) — The Fuoco Group (TFG) (www.fuoco.com), a leading CPA and consulting firm on the east coast has announced its Circle of Friends membership with the Palm Beach County Medical Society. 
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