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.
Better tax break when applying the research credit against payroll taxes
The credit for increasing research activities is a valuable tax break for eligible businesses and has a feature that’s particularly favorable to eligible small businesses.
Does Your Service-Based Business Qualify for the Qualified Business Income Deduction?
The 199A deduction is still widely misunderstood. Much of the confusion surrounding it can be traced to this media-driven myth: service-based businesses do not qualify for the deduction. If you own a service-based business and have wondered about your eligibility, here’s what you should know.
Abdo expertise
Guiding you to the best way forward
Our experience delivers proactive problem-solving for any challenge.