Income and franchise tax

Helping you manage state and local tax burdens and identify opportunities to drive value

Alleviate burdens and uncover possibilities

Income and franchise tax can be complex and challenging for companies to navigate. Evolving tax laws and regulations can lead to confusion and make it difficult to stay compliant. Determining the appropriate deductions, credits and exemptions that apply to these taxes and the documentation required can put a strain on resources. Companies may struggle with accurately calculating their tax liabilities, which can result in overpaying or underpaying taxes.

PwC's income and franchise tax specialists can help you navigate these challenges, leveraging their proven knowledge and technology to provide valuable assistance in tax planning, compliance and consulting. Working through various taxes and jurisdictions, we develop deeper, strategic insights and identify opportunities that add value to our clients.

How PwC can help

  • State Tax Compliance: Deploy a co-/outsourced multistate compliance approach that embeds value added insights into the compliance cycle. Enable the process with consistency and technology that provides visibility and control for better risk management and real-time reporting, as well as business decision support. Reduce the risk of scarce resources and inconsistent processes with state tax compliance specialists who understand state and local laws, enabling you to better align your resources with emerging tax matters.
  • Revenue Agent Reporting (RAR) / Amended Return System (ARS): Prepare, review, and file state amended income tax returns relating to federal audits. Leverage data, perform calculations, produce reports, facilitate the review process, and deliver the final return and report packages.
  • Audit Defense / Controversy: Develop favorable solutions to your income/franchise tax controversies.
  • Quantitative Solutions (QS): Assist with complex calculations and provide a better view into ‘what if’ scenarios to help companies make more informed decisions.
  • Reverse Income Tax Audit (RITA): Conduct a state reverse income tax audit that may help your company identify savings opportunities and gain compliance efficiencies.
  • Mergers and Acquisitions (M&A): Provide a spectrum of tax advisory services across all industries, at each stage of the M&A process.
  • Income Tax Planning: Favorably align tax solutions with your business strategy.
  • Inbound Companies: Explore the multistate tax issues for non-US companies operating in the United States.

{{filterContent.facetedTitle}}

{{contentList.dataService.numberHits}} {{contentList.dataService.numberHits == 1 ? 'result' : 'results'}}
{{contentList.loadingText}}

                     View all insights   View all media
 

Contact us

Tina Skidmore

Tina Skidmore

National Practice Leader, State and Local Tax, PwC US

Caleb Gauen

Caleb Gauen

Principal, Income Tax Leader, PwC US

Follow us