Sales Tax
October SALT Checklist
What should you be doing in your state and local tax practice this month? Here's your SALT checklist for October.
Oct. 21, 2014
October SALT Checklist
- Open items – help clients track down and account for outstanding overpayments/refunds
- Payments – help clients streamline SALT payments by making sure they are taking advantage of online payment methods
- Discuss liability for use taxes with affected clients
- Review out-of-state tax status of your SALT clients and set up calls or send emails to determine if there have been recent changes
- Connect with SALT experts in other states if you have any clients that have expanded their business to new locales
- Consider making yourself available as an expert on taxes in your own state through social media, your state CPA society, or participation in online state tax forums and groups