Knowledge Sharing
By: Frank Brodnax
Yesterday the Supreme Court effectively killed the physical presence standard as it relates to sales tax. The Court has finally acknowledged that the old law under Quill (a 1992 case) has not kept up with the technology advancements of modern... Continue ReadingKnowledge Sharing
By: Michael Cirangle
The Tax Cuts and Jobs Act (TCJA) is one of the most significant and business-friendly pieces of tax legislation in decades. The goal of reducing the effective tax rates for business owners seems to have been accomplished, but simplification of... Continue ReadingKnowledge Sharing, Media Coverage
Featuring: Daniel Thrailkill
No one understands the difficulties and complexities of tax filings for mobile workers better than CPAs. H.R. 1393, otherwise known as the Mobile Workforce State Income Tax Simplification Act, could be the solution, as it seeks to enact more forgiving... Continue ReadingKnowledge Sharing
Tax reform is real and it’s here to stay. The Tax Cuts and Jobs Act is the most comprehensive tax reform seen in decades and is well positioned to bring tax relief to many. As a result, many of you... Continue Reading
Knowledge Sharing
Possible relief is on the horizon for those businesses with mobile workforces. With the ever increasing state tax compliance surrounding employee mobility and the increasing occurrence of such work arrangements, Congress takes a stab at limiting a State’s ability to... Continue Reading
Knowledge Sharing
Recommended by: Jerry Beard In the continuing efforts to reduce the payment of fraudulent refunds, the Internal Revenue Service and the state revenue agencies are requiring W-2 information be submitted by January 31. This means the W-2 information will be... Continue Reading
Knowledge Sharing
By: Meyer Wolman
Dear Clients and Friends: As the end of the year approaches, it is a good time to think of planning moves that will help lower your tax bill for this year and possibly the next. In order to identify areas... Continue ReadingKnowledge Sharing
By: Bill Turque A divided Supreme Court said Monday that Maryland’s income tax law is unconstitutional because it does not provide a full tax credit to residents for money earned outside the state, a ruling likely to cost Maryland counties... Continue Reading