The Wrap
You’re listening to the Wrap– a podcast by Warren Averett designed to help business leaders access the information that you need, when you need it, in the time that you have, so you can accomplish what’s important to you. Time is tight. Today’s professionals and executives have more things to keep up with and less time to do it than ever before. You’ve got to accomplish important things in the limited hours in your day. That’s why our advisors have wrapped up today’s most timely topics into a podcast with actionable advice. Now, let’s get down to business.
The Wrap
Beyond Federal Taxes (State and Local Considerations for Companies)
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Warren Averett
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Season 7
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Episode 3
Even when federal tax laws change, do you know how the states your company has a presence in are responding?
Your company’s state and local tax matters can get complicated fast depending on where your business is located, where your employees are located and where your customers are located. So what should savvy companies know in 2022 about state and local taxes?
In this episode of The Wrap, Colleen Aldridge, CPA and state and local tax expert, joins our hosts to discuss the tax landscape beyond federal tax changes and details the current landscape of state and local taxes for organizations.
After listening to this episode, you’ll know:
- How the most recent tax reform impacted the limitation on state deductions
- How pass-through entity taxes work and which companies are impacted
- What companies contemplating mergers or acquisitions should consider when it comes to state and local taxes
- The story of a real-life example of a company that made state and local tax changes after an acquisition
- What’s coming next in the world of state and local taxes
Resources for additional learning: