State & Local Tax
State & local taxes impact all businesses regardless of size, industry or entity structure. SALT changes almost daily due to new legislation, rulings or simply a state department of revenue altering an interpretation of law. The lack of uniformity among states creates a maze of confusion, resulting in the risk of underpaying or overpaying taxes.
Our Approach
Change is Constant & Good
Staying on Top of SALT
FD’s experienced State & Local Tax team helps clients adapt to shifts and complexities in tax law and achieve your business goals in a state tax-efficient manner.
While assisting in identifying and taking advantage of state & local statutory credits and discretionary incentives, our team expertly delivers an array of tax services. These include, but are not limited to: income tax, franchise tax, gross receipts taxes (such as the Ohio Commercial Activities Tax, Washington Business and Occupation Tax, Oregon Corporate Activity Tax, Tennessee Business Tax, Nevada Commerce Tax, Virginia Business, Professional and Occupational License Tax), sales and use tax, personal property tax and real estate transfer tax.
We specialize in serving start-up, middle-market, private equity backed and foreign-owned companies that are navigating change. Our goal is to help you assess, confirm and capture opportunities, while we provide ongoing support.
Services
Featured Insights & Resources
Explore Our Latest Thinking
-
Recent SALT Updates: Key Changes and Opportunities Across the US
Read more: Recent SALT Updates: Key Changes and Opportunities Across the US -
IRS Targets Basis Shifting: New Reporting Requirements for Partnership Distributions
Read more: IRS Targets Basis Shifting: New Reporting Requirements for Partnership Distributions