The Law Office of Nydia Menéndez, LLC, has successfully represented hundreds of clients in the area of state and local tax, in multiple states.
Some of our successes in the state and local tax arena include:
- Cogeneration Company - Reduced $1.3 million audit assessment, which had been unsuccessfully appealed by another firm, to $7 thousand. Proceeded to obtain $177,000 refund on issues reviewed during audit; also, obtained favorable binding letter ruling to avoid future assessment on issues representing significant tax dollars.
- Automobile Company - In less than one year, negotiated the settlement of $6.4 million final assessment which had been outstanding for over 13 years and had already gone into litigation, to under $800 thousand.
- Software Company - Negotiated a collection and remittance agreement and audit terms to eliminate $2.3 million of sales tax exposure.
- Multi-national Company - Negotiated numerous voluntary disclosure settlements, limiting look-back periods and favorable income sourcing terms.
- Small Construction Business - Prevented tax liens from attaching to the business’ property and reversed a final $8 million assessment to $16,000.
- Small Printing Business - Obtained required approval for exemption permit in days, allowing client to immediately eliminate purchasing costs by nearly $500,000.
- Small Family Owned Printing Business - Obtained $210,000 refund for company after another firm was denied the same refund. Instructed company on how to calculate tax credits and how to benefit from exemptions for future periods.
- Small Grocery Store - Settled $125,000 sales tax assessment, for which the client had poor records. Final liability to client was $11,000.
- Family Owned Flower Shop - Settled $500,000 sales tax assessment for $83,000.
- Multi-national Cosmetic and Fragrance Company - Obtained $190,000 refund for taxes paid in error.
How We Can Help Your Company:
Understanding your business - It starts with a careful review and understanding of your business to achieve the ultimate results including the safeguard against noncompliance issues as well as other tax savings.
- Tax Planning - This can include suggestions for small changes or significant undertakings to ensure no opportunity to reduce your state tax liability is missed.
- Advocacy - Our comprehensive knowledge of state taxation enables us to achieve advantageous settlements as well as induce rulings and agreements to reduce your tax liability and exposure.
- Defense - Our experience enables us to mount a vigorous, aggressive and successful defense against audits and other assessments.
- Expertise - Where the Department is looking for underpayment of tax, we are looking for overpayments and tax savings opportunities.
Reults You Can Expect From Us:
- Powerful Advocacy - Due in part to a strong working relationship with the Department, we are able to offer more effective representation and achieve advantageous settlements in a timely fashion without litigation.
- Bottom Line Impact - We have an extraordinary track record of productivity, with millions in cumulative tax savings for our clients.
- We Care - We approach our clients’ issues in a goal-oriented fashion and take pride in the results. We strive to be practical, efficient, reliable, responsive and effective in our representation.
