Understanding your company's salt obligations
State and local tax (SALT) rules affect all businesses, big and small. Tax laws vary state by state, so it’s essential to know your company’s compliance requirements – especially if you are doing business in multiple states. Many companies end up overpaying by missing out on potential tax savings, while others underpay, leading to unexpected penalties and interest. Boulay’s State and Local Tax Services Team can help you understand your business’s SALT obligation, whether you’re operating locally in Minnesota or across the nation. Our Mankato office is conveniently located on Madison Avenue.
Office Hours
Monday 8 – 4:30 PM
Tuesday 8 – 4:30 PM
Wednesday 8 – 4:30 PM
Thursday 8 – 4:30 PM
Friday 8 – 4:30 PM
How we help you get there
Boulay helps you understand your nexus — your requirements to collect and pay taxes in the states where you do business. This involves notifying you of any taxes you may owe from conducting business online across state lines. We also provide support during tax audits, helping you prepare for and manage the audit process, serving as the primary contact for the auditor’s inquiries and handling any audit appeals.
Boulay provides a range of state and local tax services aimed at helping you and your business minimize taxes while optimizing growth, equity, and cash flow. We remain current on tax legislation and your specific tax situation, identifying key tax planning opportunities and addressing SALT issues before they negatively affect your company.
Our SALT services include:
- Nexus studies (understand which states to file in)
- SALT due diligence reviews
- Audit defense
- State income tax planning
- Sales tax consulting
- Sales tax recovery services
- Business tax credits and incentives search
Get a Review of your State Income Tax Exposure
In recent years, changes in tax laws have made it more challenging for businesses to remain compliant with state income taxes and other state tax filing requirements. Operating a business in multiple states may generate more revenue, but it also increases tax complexity.
Boulay’s state and local tax services assist businesses in identifying their multi-state tax liabilities and determining where they need to file. To set up a complimentary meeting, click here to fill out a Nexus Questionnaire. If you answer “yes” to any of the questions, you may have multi-state tax obligations and we will contact you to discuss.
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contact us for state and local (salt) tax services in Mankato
Let Boulay simplify your state and local tax challenges with customized strategies to manage your taxes and maximize savings. To move forward with Boulay’s state and local tax services, complete our Nexus Questionnaire and a member of our SALT Team will contact you soon.