Understanding Multistate SALT Laws

Staying on top of state and local tax laws can be difficult and time consuming. New court decisions, tax rulings and changes to laws are happening often, and the needs to reduce current tax bills and minimize future ones are top of mind, no matter your location. This blog post is the third in a four-part State and Local Tax series. The aim of this series is to provide resources to address some of these concerns.

State and local taxes pose complex challenges that businesses and individuals must deal with in an expanding global economy. States continue to change and expand regulations and rules. The complexity of compliance requirements that each state imposes can make staying current with tax obligations very challenging, especially if you have nexus with multiple states.

Every business is unique with its own particular tax issues and financial goals. No matter what state you operate in, you may face SALT laws that cross state lines. It’s important to know which states you have nexus with to avoid any state tax pitfalls. 

For more information on nexus laws and understanding which states you have nexus with, download Weaver’s new Nexus Trend Concerns Insights document.