Ep #5: Wayfair, SALT and sales/use tax: How one landmark case is shedding light on the missing component in your business’s tax strategy
State and local tax (SALT) and sales/use tax are often the most misunderstood and mishandled taxes for businesses. The landmark decision on the Wayfair vs. South Dakota case by the U.S. Supreme Court in 2018 has put SALT and sales/use in the limelight, and businesses who haven’t adapted are at risk for significant penalties. In this episode of the Not Just Any Business Podcast, hosts AmyBell Kwallek and Nicole Gantz talk with Honkamp Krueger’s SALT practice leader, Scott Brawdy, about the importance of a proactive SALT and sales/use strategy, the impact of the Wayfair decision, and the recoveries that are possible when business prioritize SALT strategy with a CPA advisor who understands this complicated web of SALT.
Listen for a code to receive a complimentary SALT review from Top 100 CPA and business consulting firm, Honkamp Krueger.
For assistance or questions about SALT, contact Scott Brawdy at firstname.lastname@example.org or call 888-556-0123.