Why Shay CPA for SALT Services
Here at ShayCPA, we provide SALT services done right for tech startups. We know that with a remote workforce and ever-scaling operations, understanding precisely where you have a tax liability — and what you need to do to comply with it — can get complicated. We’re here to help.
Beyond that, let’s take a look at how our distinct services can help tech startups thrive:
Distributed Teams
Our team has the expertise to help you manage state payroll registrations and compliance in any and all of the 50 states. With our hands-on support, we can act as the middleman you need to take work off your plate and make sure you’re following the proper payroll protocols.
This gets complex because your filing requirements change as your headcount grows and gets distributed across more states. We can help you evaluate the impacts of hiring employees in new states.
Then, should you decide it’s worth it to hire in a specific state, we handle all of the compliance research and the necessary registration paperwork for you. Our goal is to make it seamless for you to set up payroll in that state and to save you from having to fill out even a single form.
Specifically, we can handle:
We’ve Got You Covered:
Moving forward, we stay on top of any relevant deadlines in that state to ensure that your startup stays in compliance. We work closely with any payroll providers and your company’s management team.
If anything unexpected arises — like tax notices from your payroll provider or a labor or payroll tax audit — we handle it. We step in to keep as much work and stress off of your plate as possible.
Founders & Finance Teams Rely on Us
Years of Experience
Founders Helped
Get Started
Sales Tax
As your tech company grows into other states, our team of ShayCPA experts can help you stay compliant with the latest nexus laws.
Certain activities can trigger a nexus in a specific state. At that point, it’s your company’s responsibility to register with the state, then collect and remit sales tax in that state.
Understanding when, exactly, you’re subject to nexus law in a specific state can be complex. Our team is here to consult with you to determine if you have a nexus in the state in question. We offer nexus studies during which we employ our SALT team to review your business activities to determine where you’re subject to state and/or municipal filing requirements.
As with our services for your distributed teams, we aim to make things seamless and stress-free for you based on your current nexuses. We’ll handle all the appropriate paperwork, registering for your state sales tax permits and more. We also work with Avalara and TaxJar to help automate your sales tax compliance process as much as possible.
Our team then monitors and stays on top of any relevant sales tax deadlines. We also resolve any tax notices you receive from your sales tax providers and represent you if you ever face a sales tax audit.
Who do you report to?
Income Taxes
Your tech startup needs to file federal income tax returns, plus returns for any state in which you have a presence. Alongside your legal counsel, our team can help you determine which states you need to file in. Then, we deftly handle those filings, including all of the appropriate documents, for you.
To do this, we calculate allocations including sales, payroll, inventory levels, rent, and fixed assets, analyzing your activity in each respective state.
Throughout the year, we handle your quarterly estimated tax requirements. And we ensure you align with any annual compliance requirements in each state in which your startup operates.
As with our other services, we’re here to handle any obstacles that come up, like tax notices from state tax agencies. We also offer representation in the event of a state tax audit.
Wethos
Wethos is a female-founded financial technology company that operates a virtual studio platform designed to support freelancers and entrepreneurs looking to scale their operations and teams.
Wethos is a U.S based company that is 100% Remote – They have built a diverse team across major US cities and don’t maintain an office presence. This meant growing pains for their early-stage business and left the cofounders with questions like:
- Would they have to register in a state if they only had one employee there?
- Which SALT Taxes did they have to pay and when?
- Where are they in compliance with workers’ comp and disability requirements in their current states?
The research needed to answer these questions can send a busy CFO down a rabbit hole of state and municipal websites with no clear answers.
Our team specializes in the ins and outs of distributed teams because we are one, just like many tech companies we work with. When Wethos came to us we:
- Answered their State and Local Tax questions
- Took over the time-consuming process of registering in new states as they expanded
- Made sure they were in continued compliance in those States
Ultimately, we took the time to understand the unique needs and operations of Wethos so we could provide tailored guidance and solutions.
Today, Wethos is still expanding, and we continue to assist them with their SALT tax needs.
State and Local Tax Resources
Get Your Free SaaS Sales Tax Guide
Getting compliant with SaaS sales taxes isn’t just about checking a box—it’s about protecting your company from costly surprises.
Pricing for our SALT Services
To get started, we set up a consultation. We charge a $300 nonrefundable fee for the consultation, which we then apply to the total cost of your service. Beyond that, our SALT services start at $200/hour.
To learn more about the state and local taxes to which your startup might be subject and what we can do to help, get in touch with our team of SALT specialists today.
Hourly Pricing
Our Process
1
Step 1: Contact Us
Get in touch and we’ll reach out to you to schedule a video call to better understand your tech startups needs and prepare a custom quote.
2
Step 2: Onboarding
We’ll invite you to our secure client portal where you can use our easy to use onboarding checklist to get started. See general pricing guide here.
3
Step 3: Review
We schedule ongoing video calls with you to review your financials and ensure all of your tax compliance is taken care off.