Understanding your company's salt obligations
State and local tax (SALT) regulations impact businesses of all sizes. Given that these laws vary by state, it’s essential to understand your company’s compliance requirements, particularly if you’re operating in multiple states. Many businesses routinely overpay, missing opportunities for tax savings. Others unintentionally underpay and end up facing unexpected penalties and interest as a result. 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 downtown Minneapolis office is conveniently located between Target Field and U.S. Bank Stadium, off South 5th Street.
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 includes informing you of any taxes you may owe as a result of using the internet to conduct business across state lines. We also provide support during tax audits, guiding you through the preparation and management process, acting as the primary point of contact for the auditor’s inquiries, and handling any audit appeals.
Boulay offers a variety of state and local tax services designed to help you and your business minimize taxes while maximizing growth, equity and cash flow. We stay up-to-date on tax legislation and your unique tax situation, identifying important tax planning opportunities and addressing SALT issues before they negatively impact your business.
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
Recent changes in tax laws have made it more challenging for businesses to stay compliant with state income taxes and other required state filings. While operating in multiple states may generate more revenue, it also adds complexity to managing taxes.
Boulay’s state and local tax services help businesses understand their multi-state tax exposure and 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.
contact us for state and local (salt) tax services in Minneapolis
Let Boulay simplify your state and local tax challenges with customized strategies to manage your taxes and optimize 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.