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BerryDunn, New England accounting firm has brought together state and local tax experts to form their new SALT group.
Portland, Maine (PRWEB) November 19, 2012
State and local governments are increasingly looking for new sources of revenue. That means it’s more important than ever for New England businesses to know about tax laws in communities where they do business. BerryDunn, a New England accounting firm, has brought together their state tax experts to form a new group designed to give businesses the state and local tax information they need to navigate the laws that affect them.
“State and local tax law (SALT) is highly diverse and can vary dramatically from community to community,” says John Weaver, CPA, head of the BerryDunn SALT practice group. “Tax law is dynamic and businesses need to stay abreast of it.”
The BerryDunn SALT practice provides state and local tax expertise for New England businesses with regional, national or international reach in terms of offices, personnel or activity. The practice has helped clients as diverse as financial institutions, health care, and manufacturing with issues as varied as the successful sale of their companies, hiring employees in other states, and growing their businesses.
“One area where we have seen specialized SALT insight make a major difference is when clients are looking to build a new office or add employees,” Weaver says. “State and local taxes play a critical role in their decision-making process and strategy for growth.”
BerryDunn specializes in looking at challenges and opportunities in every state where a client has a tax liability. This differs from a CPA whose practice might be limited to a specific state or region, and gives BerryDunn the insight to know where a client has tax exposure as well as how to mitigate it.
BerryDunn is also an independent member of HLB international and HLB USA, a network that provides insight, information and resources on tax law nationwide. This gives the BerryDunn SALT practice access to professionals who deal with their area’s tax laws on a daily basis. It also provides an advantage over state and local tax advisors who don’t have a national network, or might not understand the various Federal tax opportunities and challenges a business might face.
BerryDunn has offices in Bangor and Portland, ME, Boston, MA, Manchester, NH, and Charleston, WV. For information about SALT issues, call 800-432-7202 or visit http://www.berrydunn.com.
BerryDunn is a firm of CPAs and consultants providing financial and business expertise to organizations in New England and across the country.
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