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State and Local Tax (SALT) Services

In order to be competitive in business, companies need to search for opportunities wherever they may arise. This means not only in terms of product or service sales, but also vendor relationships and required company purchases. Business in the U.S. operates in a way that views states as invisible borders that don’t have much impact on business operations. While in one sense this is true, from a tax perspective this is actually untrue. Many business owners are surprised to learn that there are often state local tax issues they need to be concerned about. These regulations are often complex and not consistent from one state to the next leaving companies in a deep state of confusion about what taxes they need to pay. The result is companies are now more than ever being flagged for state tax audits.

Wegner CPAs works with businesses to uncover and address state and local tax obligations. Whether you have already been selected for a sales tax audit or are interested in conducting a proactive assessment, our professionals have the experience to help. We work with companies on nexus determination for franchise and income tax, sales and use tax issues, and transactional tax matters.

Our State & Local Tax Services Include

  • State and Local Tax Planning
  • Multi-State Income Tax Compliance and Consulting
  • Research & Development Credits
  • Personal Property Tax Returns
  • Multi-State Sales Tax Compliance and Consulting
  • Multi-State Nexus Analysis
  • Voluntary Disclosures & Tax Amnesties
  • Representation of Businesses in State Tax Audits

There are a number of compliance requirements faced by companies with multi-state operations. It’s important to understand and comply with these rules beforehand to ensure you are not flagged for a tax audit. To learn more about the proactive steps you can take, please contact us.

 

South Dakota v. Wayfair, Inc.

After almost 30 years, the sales tax game has changed. Based on the June 21, 2018 Supreme Court decision that ruled in favor of South Dakota’s authority to impose sales tax obligations on out-of-state transactions, out of state sellers without physical presence in a state must collect and remit sales & use taxes on taxable sales into that state. Learn more with our South Dakota v. Wayfair Inc. guide.