State Income Tax Base Calculation: Complex Issues in Income Modification

Reporting for Multi-State Companies to Minimize Tax and Maximize Deductions

Recording of a 110-minute CPE webinar with Q&A

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Conducted on Wednesday, December 18, 2013

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Course Materials

This course will provide tax professionals with key challenges and solutions to the current issues related to the modification of corporate income for state income tax purposes. The panel will provide real world examples to accurately compute state taxable income along with guidance and rules to minimize the taxes and maximize the use of deductions.


Corporate taxation and tax implications don't just involve federal income tax and the IRS. Corporate state income tax compliance raises critical and confusing challenges. Tax professionals, particularly those new to state corporate income tax compliance, need a solid foundation in the similarities and differences in additions and subtractions.

Addition and subtraction decisions to income for state income tax planning and reporting are difficult enough, and multi-state companies expose themselves to tough enforcement policies if they make missteps. Tax specialists must grasp advanced concepts and keep up with the latest guidance.

Determining correct planning and compliance requires that you analyze and stay informed of multiple states' approaches. Perspectives from advisors who have worked with and understand the intricacies of state income tax planning and compliance can help you deal with your company's or clients' toughest problems.

Listen as our panel of experienced state tax advisors briefs you on important developments, clarifies the often confusing state approaches, and outlines the key differences and commonalities in multi-state reporting.



  1. Overview federal and state income tax conformity
  2. Addition scenarios and possible compliance approaches
  3. Subtraction scenarios and possible compliance approaches
  4. Current trends
  5. States posing particular problems for taxpayers


The panel will review these and other key questions:

  • Common addition modifications to federal taxable income that are required to arrive at state taxable income.
  • Differences between the federal and state tax treatment of dividend income.
  • Expenses subject to related party addback provisions and the common exceptions to these provisions.

Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.


John Daly
John Daly
Tax Manager

Mr. Daly has more than 20 years of tax experience and specializes in state taxation maters such as nexus,...  |  Read More

Jeffrey Reed
Jeffrey Reed

Mayer Brown

Mr. Reed's practice emphasizes state and local taxation, and he represents business and individual clients in state...  |  Read More

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