Taxes

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May 19, 2022 

How to Protect a Business as Sales Tax Audits Surge

From a tax revenue perspective, many states fared well during the pandemic. Now, however, with supply-side pressure and inflation concerns, states are anticipating a significant reduction in sales tax revenue.

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May 16, 2022 

Avalara Launches Transfer Pricing Reports for Accountants

This new solution, designed for use by transfer pricing experts and non-experts working in firms of all sizes, delivers the automation to grow a global tax compliance service, providing U.S. and OECD transfer pricing reports to clients as needed for ...

Sovos

May 10, 2022 

Sovos Forms Alliance with KPMG for VAT Compliance

VAT is a vital revenue resource to governments around the world. As a result, tax authorities are looking for new ways to ensure they are capturing anticipated revenue, including adopting new and more expansive real-time compliance requirements and ...

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May 9, 2022 

Coping With the SALT Tax Deduction Cap

Among numerous other changes for individuals—including an increase in the standard deduction, suspension of dependency exemptions and modifications of other deductions—the TCJA clamps down on the write-off for SALT payments.