October 06, 2021
As the COVID-19 pandemic and work-from-home arrangements continue, state and local jurisdictions are ending the temporary tax relief granted in 2020 for employees working in their jurisdiction. An employer with remote employees that ...
October 06, 2021
Businesses routinely submit to audits by state and local taxing jurisdictions aimed at identifying and collecting underpayments of sales and use taxes or gross receipts taxes. However, a more proactive approach is necessary ...
March 11, 2022
Maryland became the first state to impose a tax on gross revenue from digital advertising when a law it enacted in 2021 took effect on January 1, 2022 (see this Tax Release). To implement the new ...
March 11, 2022
Online retailers experienced a seismic shift regarding their responsibility to collect and remit sales and use taxes as a result of the U.S. Supreme Court’s ruling in Wayfair v. South ...
March 11, 2022
Managing business personal property taxes can be a daunting task for companies of all sizes. It often requires tracking hundreds or thousands of assets, managing multiple deadlines and preparing tax returns. After all ...
August 11, 2022
Cryptocurrency made its debut as Bitcoin in 2009 but took several years to gain mainstream attention. After growing somewhat used to the concept of cryptocurrency, new blockchain inventions have gained traction. Many of us ...
August 11, 2022
When California issued Technical Advice Memorandum 2022-01 (February 14, 2022) (TAM 2022-01), it became the first state to adopt a tax policy that significantly weakens Public Law 86-272 (P.L. 86-272), which prohibits states from ...
August 11, 2022
Businesses that operate in more than one state are not only subject to each jurisdiction’s tax but must also adhere to each state’s rules for sourcing certain types of ...
August 11, 2022
Selling a business unit requires closely examining a myriad of potential commercial and financial outcomes. For state corporate income tax purposes, one of the most critical considerations is the unitary business principle. If ...
August 11, 2022
In November, Massachusetts voters will decide whether to approve a constitutional amendment to impose a 4% surtax on household income greater than $1 million. Known as the Fair Share Amendment, the 2022 ballot measure would raise ...
