Do you need a CAT ScanTM?
One-Day Ohio Commercial Activity Tax (CAT) Check-Up
Since July 1, 2005, Ohio’s CAT has created a unique set of symptoms for taxpayers to diagnose when complying with their state and local tax burden. Because the CAT is a new system of business taxation in Ohio and the United States, there are numerous opportunities to misdiagnose compliance issues even for the experienced tax professional. Adding to the complexity of the tax structure, the Ohio Department of Taxation (ODT) is aggressively auditing for CAT with over 70 trained auditors.
To assist our clients and friends in making important compliance and planning decisions related to the CAT, our Multistate Tax Services Practice offers our own type of a CAT Scan™.
Reduce the symptoms of unhealthy tax costs
Our CAT Scan™ is a minimally invasive, comprehensive one-day process, specifically designed to provide a proactive analysis of a client’s business structure and activities, along with their CAT compliance, to determine optimal filing positions, identify potential refunds, and mitigate future exposure.
1. Initial Exam
Our experienced tax professionals will review the operations of the business to gain an understanding of its principal transactions and legal structure.
2. CAT Scan™
We will review important aspects of the CAT law with the company’s tax staff, including a detailed discussion of the CAT’s compliance requirements.
By comparing the company’s operation with the CAT law, we will work with the company to identify important decision points that should be addressed in order to maximize the healthy aspects and minimize the unhealthy aspects of the tax law.
Why choose McDonald Hopkins as your tax health advisor?
The professionals in our Multistate Tax Services Practice are experienced in representing clients on all aspects of the CAT. These same professionals will perform your CAT Scan™, using their knowledge and experience to ensure a clean bill of tax health for your company. To further discuss the benefits of or to schedule a CAT Scan™, please contact your McDonald Hopkins professional or a member of our Multistate Tax Services Practice.