Entrepreneurial Spirit. Independent expertise.

Filing Methodology Reviews

Many states permit (or require) affiliated companies to file income tax returns on a unitary, combined, or consolidated basis. Utilizing the appropriate filing methodology can potentially reduce administrative costs and result in substantial tax savings as a result of unused net operating losses, inclusion of loss companies in filing, allocation of credits, utilization of otherwise lost credits, dilution of apportionment factors. The rules regarding permissive and required filing methodologies can be quite complicated, however. GBQ can assist your company in analyzing the optimal filing methodology for any related entities.

  • George Vrettos
  • Director, State & Local Tax Services
  • (267) 559-1753