Uncertainty In State And Local Taxes

“Unfortunately, uncertainty is everywhere in the business world. From a financial management and reporting perspective, uncertainty is never a welcome environment. Predictability is the desired environment. Corporate management and business owners live and die (and often are compensated) by the financial performance of the business. But CFOs and their companies can play a role in reigning in the uncertainty in the state and local tax (SALT) world that can arise from states’ use of discretionary authority provisions.”