Despite being home to fewer than one million people, Charleston, South Carolina, is one of the Southeast’s most important cities. Its regional population is growing at three times the rate of the rest of America, while GDP grew at an annual rate of 1.5% between 2017 and 2022. You can attribute this rapid growth to the strong aerospace, automotive, IT, and energy sectors in the region. The city of Charleston itself is home to a diverse range of commercial, professional, and industrial businesses.
With such high growth potential, it is no wonder why so many enterprises have set their sights on Charleston. If you find yourself among them, look no further than Thompson Tax for all of your sales and use tax needs. As a top local sales and use tax advisor in Charleston, we are well equipped to guide you along your journey to success.
Our Sales and Use Tax Compliance and Consulting Services in Charleston
Sales & Use Tax Compliance
Thompson Tax is here for all your sales and use tax compliance needs. We can assist with preparing State and Local Sales Tax (SALT) registrations, filing sales and use tax returns, processing renewals, and so much more. You can rest assured knowing that you will remain compliant with Charleston’s sales and use tax regulations when you have Thompson Tax by your side.
Nexus and Taxability Research
Identifying where you have nexus is essential to keeping your business compliant. At Thompson Tax, we help you assess physical and economic nexus exposure, clarify evolving legislative definitions, and identify opportunities to minimize risk.
Mergers & Acquisitions
Due diligence is a necessary part of the merger and acquisition process but can be difficult to handle on your own. Our sales and use tax professionals will work with you to identify potential liabilities and review proposed business consolidations so that you can make informed financial decisions before closing your deal.
Audits and Reverse Audits
Navigating the world of audits and reverse audits can be a daunting task. We understand the nuances of sales and use tax laws and leverage our experience to assess potential liabilities during an external audit. We can also perform internal audits to identify potential refund opportunities so that you can put your money where it belongs; in your pocket.
State, Local, & International Tax Consulting
At Thompson Tax, we understand that sales and use tax compliance is not everyone’s cup of tea. Our team provides comprehensive consulting services to ensure you remain compliant while minimizing your tax burden. We handle all local, state, and international sales and use tax issues from A-Z and are standing by, ready to assist.
Technology Support
Our technology experts can help ensure your software runs efficiently and effectively. We offer A-Z customized guidance from software selection to post-integration assistance and everything in between.
Charleston’s Trusted Sales and Use Tax Advisors
Whether you are a startup company or a well-established business, the team at Thompson Tax can help you with your sales and use tax needs not only in Charleston but across the nation and beyond. Our team of trusted tax advisors is dedicated to helping you reach the next level.