Season 1 Episode 3: Exploring the World of State and Local Tax: From Nexus to Credits
June 5, 2025
In this episode, we get a glimpse into the world of state and local taxes, breaking down the key concepts that every business owner and taxpayer should understand. From navigating nexus and determining tax obligations to leveraging tax credits and incentives, we cover it all.
In this episode, we discuss:
- 00:00Â Introductions
- 01:11 State and local taxes
- 1:35 NEXUS and the two types (physical presence and economic)
- 08:12 Considerations from SALT and NEXUS perspective
- 10:49 Misconceptions for businesses growing into new jurisdictions
- 13:27 Recommendations to mitigate risks stemmed from the misconceptions
- 15:27 Opportunities to reduce tax footprint and liabilities
- 18:14 R&D tax credit
- 20:11 Job tax credit
- 21:23 Do these tax credits occur in certain industries more or is it something everybody should be mindful of?
- 22:14 Sustainability initiatives - energy, manufacturing, production credits
- 26:02 Proactive strategies and advice to look forward rather than backward
- 30:44 How do appraisals and evaluation of properties impact tax obligations?
- 33:44 Keeping up with changing laws and interpretations
About our guest Jeff Dorris
Jeff Dorris, CPA, is a Partner who leads our specialty tax practice and specializes in consulting and advisory services in all aspects of state taxation, including income, franchise, and sales and use tax. Learn more about Jeff and his expertise here.
About our host Brandon Smith
Brandon Smith, CPA, is a Partner based in the Atlanta office and the Advisory Practice Leader. Learn more about Brandon and his expertise here.