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Tax Services

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.

Abdo Insights

A behind-the-numbers view of best practices and holistic thinking.

Opening up to SLAT opportunities

Estate tax planning can become complicated when multiple parties are involved. For example, you have a spouse from a second marriage and children from your first marriage. Spousal lifetime access trusts, or SLATs, are designed to benefit your children or other heirs, while paying income to your spouse during his or her lifetime.

What estate planning strategies are available for non-U.S. citizens?

If you’re a U.S. resident, but not a citizen, the IRS treats you similarly to a U.S. citizen. Residency is a complicated subject and estate tax planning can get complicated if you or your spouse is a nonresident alien.

Abdo expertise

Guiding you to the best way forward

Our experience delivers proactive problem-solving for any challenge.