State & Local Taxes
A State and Local Taxes (SALT) audit can greatly benefit companies, especially those who have a tax footprint across state lines. Our specialists illuminate possible risks as well as best practices for consistent compliance.
State taxation laws have changed dramatically in recent years. By partnering with Abdo, you’ll have help determining potential new filings as well as manage your risk exposure, especially if your organization sells products or services out of state, employs individuals who live or travel out of state for work, or if there is a possibility of selling your business or purchasing a new one in the near future.
Our experts provide SALT analysis services that include a full nexus study, reviewing your state activity and operations to evaluate your tax footprint across state lines. Our advisors then issue a thorough report identifying your state income and sales tax risk. Don’t need a full SALT study? Our team can perform limited studies focused on specific issues to illuminate areas for improvement.
A behind-the-numbers view of best practices and holistic thinking.
The 45L energy efficient home tax credit has been around since 2006. But the Inflation Reduction Act has significantly enhanced the tax credit’s benefits. Find out why you should consider giving it another look.
If your manufacturing company is looking to reduce its tax bill, it’s important to familiarize yourself with the general business credit. Check out the key points and reach out to our team to discuss.