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

Fuoco Group would like to share the exciting news that we have just opened a satellite office in the Fort Lauderdale area to better serve our Broward County clients and expand our footprint in the Fort Lauderdale/Miami area.

Press and Events

2019 Best of Palm Beach County Award! We are proud to announce that Lou Fuoco, CPA, CEPA, of The Fuoco Group, has been chosen one of the Top 3 Finalists for The Palm Beach Post’s “Best of Palm Beach County” in the Finance category under Accountant! Thank you to all who voted for Lou – we will keep you posted as to the final results!
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.