Navigating State and local Tax issues in the Construction Industry

In the construction industry, understanding state and local taxes can be as challenging as managing multiple projects simultaneously. Contractors constantly face the dilemma of whether to pay SALT tax to vendors or charge customers. By proactively managing tax obligations and maintaining thorough documentation, contractors can navigate this challenging landscape with confidence.

Join Matthew Piatt, State and Local Tax Leader of RKL's Tax Services Group, as he clarifies the complexities of the tax landscape for those operating within and across state lines.

During this webinar,  we'll address the following key topics:

• Challenges contractors face when operating in multiple states.
• Common issues we see for contractors in the audit context.
• Proactive steps contractors can take to minimize SALT risk.

And answer these pressing questions:

• Should contractors remit sales or use tax to their vendors, or are they responsible for collecting and charging sales tax to their customers?
• When a customer claims an exemption from sales tax, which exemption certificates are acceptable for contractors to receive and retain?
• Can contractors use a customer’s exemption certificate to purchase materials without paying sales tax?
• Are contractors required to self-assess and remit use tax in instances where a vendor does not assess sales tax?
• How are sales tax obligations managed when contractors purchase or install materials outside their home state?