State and Local Tax (SALT)
State and local tax rules are complex, aggressive, and constantly changing. With tens of thousands of jurisdictions nationwide, it’s easy for growing and multi-state businesses to fall out of compliance or overpay. Our SALT specialists help you understand where you have exposure, where you may be overpaying, and how to make informed decisions with confidence.
Lumsden McCormick delivers custom-tailored SALT solutions backed by deep technical experience and up-to-date regulatory insight. We conduct nexus and taxability studies, manage compliance, and work directly with states when needed—helping you stay proactive as your business expands while reducing liabilities and improving cash flow.
Our Approach
Risk Identification & Nexus Analysis
We evaluate where your business has filing and payment obligations through income, sales, and franchise tax nexus studies—so there are no surprises.
Proactive Compliance Management
Our team manages registrations, returns, notices, and audits to ensure timely, accurate compliance across jurisdictions.
Liability Reduction & Optimization
By analyzing apportionment, exemptions, and taxability we identify opportunities to reduce SALT liabilities and avoid overpayments.
Ongoing Guidance & Accessibility
As state laws evolve, we stay ahead of changes and provide clear, responsive advice—helping you manage risk, lower taxes, and increase cash flow over time.
Latest Insight
California Extends Sales Tax to Prewritten Software and SaaS, Effective January 1, 2027
Beginning January 1, 2027, businesses that sell software or Software-as-a-Service (SaaS) to customers in California (or businesses that purchase it) will be subject to the state’s sales and use tax for the first time. This change comes as part of California’s state budget, signed on June 29, 2026. Senate Bill 122 (S.B. 122) extends California’s […]
