Compliance with state and local taxes (SALT), especially sales and use taxes, could be getting much easier for U.S. small businesses and the accountants who serve them.
Avalara, Inc., a provider of cloud-based software delivering compliance solutions related to sales tax, VAT and other transactional taxes, has launched its new SALT-in-a-Box (SIB) program, a comprehensive, no-cost system that enables accountants and bookkeepers to help their clients proactively identify and address state and local tax compliance issues.
According to Tom Hood, CPA, CITP, CGMA, and President & CEO of the Maryland Association of CPAs, accounting professionals and bookkeepers are paying close attention to state and local tax as an area of increasing complexity for their business clients:
“There’s a broad industry need amongst CPAs and accounting professionals for assistance in advising their clients on state and local tax compliance risk,” Hood said. “It is great to see Avalara, an industry leader in sales tax compliance solutions, bring their SALT-in-a-Box program to the market to help meet it.”
Specifically, SIB provides accounting professionals with a single user-friendly place to access industry-leading tools, information, and services enabling them to:
- Know with certainty if their clients are at risk for sales tax non-compliance
- Be armed with clear, detailed knowledge to effectively address risk when issues arise
- Proactively serve as a trusted advisor on SALT-related compliance issues
“Together with leading CPA firms, Avalara developed SALT-in-a-Box for accounting firms and industry professionals faced with increased client demand for assistance with state and local tax issues,” said Patrick Falle, North America Channel Chief at Avalara. “Firms that have decided to take a proactive stance in addressing this growing market can easily pick up SALT-in-a-Box and start helping clients to identify and make the right decisions surrounding sales tax issues – and in doing so, they’ll also expand their billable advisory services, and strengthen their engagement with new prospects and existing clients.”
“Sales tax risk is a big issue facing businesses of all sizes, and accounting professionals are on the front lines when clients need assistance,” said Andy Johnson, CPA and co-founder of Peisner Johnson & Co, LLP. “I applaud Avalara’s initiative, and encourage accounting advisors to take advantage of this valuable, free service.”
More information on the program is at www.avalara.com/salt-in-a-box.
Thanks for reading CPA Practice Advisor!
Subscribe Already registered? Log In
Need more information? Read the FAQs
Tags: Advisory, Sales Tax, State and Local Taxes