State and Local Tax (SALT) Services
SALT, an acronym for “state and local taxes,” encompasses a wide range of taxes and fees imposed by state, county, city, and local governments. These include Sales Tax, Personal Property Tax, Business Licenses, Income Tax, Payroll Withholding, and Unemployment Taxes. At MDA Professional Group, P.C., our SALT professionals help you navigate these complex systems to ensure compliance, save time, and avoid costly mistakes. Explore our key service categories below:
Unclaimed Property
Sales Tax Compliance
Personal Property Tax Returns
Personal property, generally defined as property not permanently affixed to real estate, is taxable in Alabama and other states. This includes machinery, equipment, tools, computers, furniture, and other business assets. Businesses must submit a complete itemized listing of all personal property owned on October 1, between October 1 and December 31 each year, to avoid penalties. MDA specialists can advise you on proper valuation and reporting of your personal property, ensuring compliance with Alabama Department of Revenue or other states’ regulations.
Business Licenses
Income Tax Planning and Compliance
At MDA Professional Group, P.C., our Mission-Driven approach ensures that we provide reliable, innovative, and practical solutions for all your state and local tax needs. Let us help you navigate the complexities of SALT compliance and optimize your financial strategies!