Thursday, May 7, 2009

State and Local Tax Consultants and Practices: Improve the Client Experience

What makes a state and local tax practice successful?

What makes a good state and local tax consultant or client experience?

Here are some of my thoughts regarding SALT practices:

1. SALT practices need to be more interactive and accessible by clients and prospective clients

2. SALT consultants need to understand a client’s business just as much as they understand SALT

3. SALT practices need to create customized solutions

4. SALT practices need to differentiate themselves from other SALT practices based on:

  • technical expertise

  • reputation

  • client experience / attention

  • responsiveness

  • understanding of client’s business

  • timeliness

  • experience with issue

  • relationships with clients and taxing authorities

Other Thoughts:

Clients with in-house SALT professionals generally want SALT consultants who:

  • know more than they do

  • have experience with their industry, issues and state

  • have inside connections with taxing authorities

  • have handled the same issue for other clients

Clients with in-house SALT professionals generally use SALT consultants:

  • as a sounding board or second opinion

  • for difficult research

  • for projects / big dollar issues

  • for audits / appeals for refund reviews

  • as additional resource if they lack expertise, time, or people, etc.

As a fellow state tax professional or client, what do you think?

Please post a comment or send me an e-mail at leveragesalt@earthlink.net.