Navigating state and local taxes (SALT) can be a challenging and overwhelming task due to the ever-changing laws and regulations across the country. Effective SALT administration and planning not only provide tax savings but also offer clarity, saving you time and allowing you to stay focused on your business. Miami Tax Advisor’s SALT experts offer a range of specialized services to assist with your tax preparation and planning needs. Our deep understanding of current SALT issues and opportunities nationwide allows us to help you meet your tax filing requirements while maximizing tax-saving opportunities.

As your business expands, it’s essential to stay informed about state and local tax issues and opportunities in all the states where you operate. Aggressive state and local jurisdictions are increasingly seeking more tax dollars from individuals and businesses. Miami Tax Advisor’s SALT professionals are well-prepared to assist you with these complex and ever-evolving laws and regulations.

Multistate Income/Franchise Tax:
With nearly every state having some form of income, franchise, or privilege tax, complying with each state’s unique regulations can be challenging for companies operating in multiple states. Miami Tax Advisor’s SALT professionals help businesses stay compliant with state requirements, offering services such as nexus studies, due diligence reviews, voluntary disclosure agreements, state and local tax planning, business structure reviews, audit representation, and amended state tax returns.

Sales and Use Tax:
Expanding into new markets can lead to complex sales and use tax issues involving multiple tax jurisdictions. Miami Tax Advisor assists businesses in identifying tax savings opportunities, ensuring proper sales and use tax registration, and handling audit representation, reverse sales tax audits, sales tax compliance, consulting, due diligence, and state ruling requests.

Tax Credits & Incentives:
Staying current with state tax credits and economic development incentives is crucial. Miami Tax Advisor’s SALT professionals help you identify and secure available tax credits and incentives, including reviewing state tax returns, analyzing economic development incentives, and evaluating compliance requirements.

Abandoned/Unclaimed Property:
While abandoned or unclaimed property is not a tax, it has become a significant source of revenue for many states. Miami Tax Advisor assists businesses in navigating state abandoned or unclaimed property laws and procedures, limiting or eliminating potential liabilities resulting from non-compliance.

Miami Tax Advisor’s experienced professionals have successfully represented clients of all sizes across various industries throughout the country for over two decades. We provide the insight, innovation, and experience needed to address the complexities of state and local taxes and help you make informed decisions to save on taxes and reduce compliance burdens.