DALLAS--(BUSINESS WIRE)--Forvis Mazars, LLP, ranked among the largest public accounting and consulting firms in the United States, has launched a cutting-edge sales and use tax estimation platform for its construction industry clients navigating their State and Local Tax (SALT) challenges. SALT Explorer provides sales and use tax estimates for incorporation into project bids, helping reduce the risk of sales and use tax exposure and enhancing financial performance.
Developed by EDGE—The Innovation Lab of Forvis Mazars, the web-based platform was created to equip construction companies—especially those working across multiple states—with a digital-first strategy to streamline and accurately create project estimates. SALT Explorer provides guided project setup, sales and use tax estimates, curated local knowledge, and access to Forvis Mazars' SALT advisors, all backed by 100 years of experience serving the construction industry.
“Contractors, builders, architects, and leaders in the construction industry have faced an evolving backlog issue that's growing in complexity. SALT Explorer eases this burden by delivering a platform that provides fast, highly accurate tax estimates—critical for reducing financial risk and improving efficiency,” said Jason Myers, national industry leader for construction and real estate at Forvis Mazars. “By streamlining the integration of these historically complicated tax regulations into reliable project estimates, our clients can save time while helping ensure they maintain compliance. This balance of speed and precision is crucial for making informed decisions and driving project success.”
SALT Explorer’s project setup form guides estimators through essential variables necessary for creating accurate bids by:
- Locating the relevant tax jurisdiction using the project’s address or GPS coordinates
- Walking users step-by-step through details such as contract type and project costs, like materials and labor
In addition, SALT Explorer uses the latest state and local tax codes and rates to generate up-to-date sales or use tax liability estimates, as well as:
- State tax rates
- City, county, and special district tax rates
- Detailed state guidance
- Information on each state’s treatment of construction contracts
“Many of our construction industry clients rely on outdated PDF guides, often thousands of pages long, to navigate complex tax regulations, or they invest in specialized SALT teams to provide estimates—both of which are time consuming and expensive,” said Tommy Varnell, managing director with SALT consulting team at Forvis Mazars. “This platform, part of our existing Forvis Mazars SALT service line, offers a streamlined solution tailored specifically for the construction industry, with plans to expand into other sectors in the future.”
To learn more about SALT Explorer visit forvismazars.us/saltexplorer.
About Forvis Mazars
Forvis Mazars, LLP is an independent member of Forvis Mazars Global, a leading global professional services network. Ranked among the largest public accounting firms in the United States, the firm’s 7,000 dedicated team members provide an Unmatched Client Experience® through the delivery of assurance, tax, and consulting services for clients in all 50 states and internationally through the global network. Visit forvismazars.us to learn more.