The Bloomberg BNA Tax Management Weekly State Tax Report filters through current state developments and analyzes those critical to multistate tax planning.
States that allow local taxing jurisdictions to administer and enforce their own tax laws can present challenges for practitioners and taxpayer advocates. In this article, Michael Miller of Merit Advisors L.P. makes recommendations on how practitioners can mitigate risk through careful planning and preparation. His recommendations include knowing how tax is administered in the jurisdiction, keeping exemplary records, knowing when to seek outside help, and generally being proactive to help mitigate issues that might come up with local taxing jurisdictions.
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