people looking over forms and taxes

State & Local Tax (SALT)

Helping you navigate the complexity of state and local taxation

SALT and compliance strategies may be a principal concern for your business and can be one of the more challenging aspects of taxation. States have become increasingly aggressive at asserting that any type of in-state business activity will create state tax reporting responsibilities, or nexus, for an out-of-state business. States are also becoming more sophisticated in the identification and enforcement of state tax non-compliance.

State tax legislation lacks uniformity across states and can be ambiguous or silent on key reporting and compliance concerns. Business activities that pose no concern in one state may trigger a tax-reporting requirement in another state. This is confusing to taxpayers and furthers the idea that a state filing requirement may be indisputable and that planning opportunities are unavailable.

Trout CPA will help your business navigate the confusion and complexity of state and local taxation.

Our experienced professionals will develop a comprehensive understanding of your business activities and operations. We will then apply a customized tax approach that will align with your current and future business goals.

Industries Served

  • Professional services - e.g. architectural, engineering, consulting, etc.
  • Construction
  • Manufacturing
  • Trucking and transportation
  • Software producers and developers

Areas of Expertise

  • SALT planning and preparation
  • Nexus and compliance risk analysis
  • Dissolution/withdrawal and tax clearance procedures
  • Employment and personal income taxes
  • Income and franchise tax planning
  • Apportionment optimization and compliance
  • Consolidation and combined reporting requirements
  • Tiered entity structures and reporting
  • Current developments

Want to learn more about our SALT services?

We would be happy to discuss how Trout CPA can help with your specific needs.