Latest Articles

internet-sales-tax1

June 22, 2018 

What Supreme Court Wayfair Decision Means for Online Sales Taxes

On Thursday, the U.S. Supreme Court announced its decision in the South Dakota v. Wayfair, Inc. case to overturn the 1992 Quill, Corp. v. North Dakota nexus holding that a company must have a physical presence in a state before it can be held liable ...

CalCPA logo 1  596f70d6eecde

June 22, 2018 

California CPA Society Gets New Chairman

Lewis Sharpstone, CPA, will focus on the "P" (for "public") in the professional designation "certified public accountant" during his 2018-19 tenure as chair of the California Society of CPAs (CalCPA.org), the nation's largest state CPA society.

 Employees Can Now Choose Their Own Payday

June 21, 2018 

Employees Can Now Choose Their Own Payday

With the launch of Flexible Pay, businesses can let employees choose their own pay schedule, which means that, for the first time, employees can get paid for work they’ve already completed, independent of their employer’s payroll schedule.

 U.S. Supreme Court Rules in Favor of South Dakota in Wayfair Sales Tax Case

June 21, 2018 

U.S. Supreme Court Rules in Favor of South Dakota in Wayfair Sales Tax Case

The Supreme Court on Thursday standardized taxing rules for traditional retailers and online transactions, ruling that states and localities may collect sales taxes on all purchases over the internet. By a 5-4 vote, the justices that ruled that online sellers can be required to collect state and local taxes from customers even if the internet...…