With this blog entry, I’m excited to announce Labhart Miles Consulting Group has been rebranded as Miles Consulting Group. We’ve launched a new website, and have a new logo design, as well as new company colors. Our ongoing dedication to high quality client service has not changed!
When Bill Labhart and I started Labhart Miles Consulting in 2002, our goal was to provide high quality, personalized service to a diverse client base. Over the last 12 years we’ve built a clientele that includes small businesses, technology companies, community banks, and Fortune 500 companies, among others. With the passage of time comes change and progress! Within the last year, Bill retired to spend more time with his family, we’ve dealt with some significant changes in the California tax credit program, and have witnessed increased discussion about the possibility of federal legislation that could change the multistate tax world as we all know it. I’m excited about the opportunities available during the next phase of the company!
The business name may have changed, but our level of commitment remains the same. We’re excited to re-launch with a focus on four key areas: multi-state tax consulting, due diligence, credits and incentives and professional partnering.
Miles Consulting Group 4 Focus Areas:
Multi-State Tax Consulting
Does your business operate across state lines? If so, there are tax implications for both income tax and sales tax. Every state has its own set of tax laws and regulations. We can address a company’s multi-state tax issues before the auditor comes for a visit. We traditionally start with a nexus review to find out your level of exposure or compliance requirements. From there we can determine if your product or service is taxable for sales tax purposes and/or the proper apportionment of revenue for income tax purposes.
Due Diligence
As companies think about a merger, state tax due diligence can become an important part of the transaction analysis. Companies need to know what kinds of tax ramifications they might face ahead of time – not after the deal has been done. Proper due diligence (on either side of the transaction) can determine a target company’s tax exposure and required level of compliance. These factors might not only shape the purchase price, they also impact your ongoing business related to bringing a target company into your company and systems. Remember, that a target company’s past history can continue to be your headache!
Credits and Incentives
For many years we specialized in the California Enterprise Zone Credit program. The state recently sunset that program in favor of three new incentives. We can assist your business in getting needed tax breaks both in California and in other states. States still offer a wide range of credits and incentives as they vie for businesses to locate (or stay) in their state. Among other things, your business may qualify for a hiring or investment credit or might be eligible for employee training reimbursement.
Professional Partnering
As state tax consultants, we are in a relationship business, working with our clients to get to the best overall answer for each situation. Many of our clients come to us by referrals from other professionals. And we, in turn, also refer our clients to our business partners. Oftentimes we receive referrals from CPAs, bookkeepers or attorneys who have valuable insight into particular facts or transactions, and have a unique history that can only benefit the client.
These are the core focus areas of Miles Consulting Group. Our experience with multi-state taxes, due diligence, credits and incentives and professional partnering make us a valuable resource for your business. You can find out more about our services by visiting the services area of our website.
We look forward to working with you!
