State and local sales taxes are a growing part of a business’s overall tax obligation, with SALT often exceeding the federal government taxes.
State tax authorities have become very aggressive and are increasing their audit frequency. In addition, state legislators are implementing new statutes designed to close perceived “loopholes” and enhance state tax revenues. From tax planning to compliance, the KatzAbosch SALT team helps businesses identify their potential risks and take advantage of state and local government tax opportunities based on this changing tax landscape.
Although most state tax systems include income and franchise taxes, some states have recently added variations such as:
The KatzAbosch SALT team closely monitors all state tax law changes so we can help our clients with their tax compliance burden and find ways to minimize their SALT liabilities (payroll, personal income, franchise, sales, and use taxes). With years of experience, we understand state tax law and can help your business through the SALT jungle with the following value-added services.
At KatzAbosch, we pride ourselves on progress and never lose sight of our personal commitment to our clients. Our certified public accountants have a mission to provide the highest quality state and local tax services during the tax season.