IRS February 9, 2026
The IRS has expanded Tax Pro Account, unveiling business-level digital capabilities for tax practitioners who work in tax preparation companies, accounting firms, or other organizations, the agency announced on Feb. 9.
February 9, 2026
February 6, 2026
February 6, 2026
October 15, 2018
Why Accounting Firms Should Niche in the Medical Cannabis Industry By Richard Roppa In case you haven’t noticed yet, the medical marijuana industry is growing fast. No matter your position on the medical and recreational use of marijuana stands, you should be paying attention to the explosive growth and needs of this industry because… the...…
October 15, 2018
Historically, most states exempted services from sales tax – for a good reason: When states first began to levy these taxes around 1930, people spent more of their money on tangible goods. However, according to the Bureau of Economic Analysis, those ...
October 15, 2018
Many states are likely to move quickly to impose taxes (some already have). But it could take time for things to play out. For the moment, the Supreme Court’s decision applies only to South Dakota’s tax on internet retailers.
October 11, 2018
Previously, a business taxpayer could deduct 50% of the cost of qualified entertainment expenses, if those expenses were properly substantiated. This included entertainment that was “directly-related” to or “associated with” the business.
October 8, 2018
Avalara launched the new sales tax registration and business licensing service at a time when businesses, especially online sellers, need it most. The South Dakota v. Wayfair, Inc. ruling in June 2018 upended decades of established sales tax law.
September 25, 2018
Online marketplace eBay has announced it will collect and remit sales and use tax on behalf of sellers in three states next year: Washington starting January 1, 2019, and Oklahoma and Pennsylvania as of July 1, 2019. That list is likely to grow as ...
September 21, 2018
In a recent interview with Avalara, Jennifer Kolterman, CPA, a director at Hutchinson and Bloodgood LLP in the accounting firm’s San Diego, Calif., office, discussed how she and the firm maintain success in the accounting profession.
September 20, 2018
It’s hard to escape any discussion of Wayfair these days. This isn’t surprising, as we witnessed history on June 21, 2018, when the U.S. Supreme Court overturned the physical presence standard in South Dakota v. Wayfair. And in doing so, overturned ...
September 13, 2018
Hurricane Florence remains a powerful major hurricane, but has been downgraded to a Category 3, as its sustained winds have decreased to 115 mph. The forecast track of Florence has the storm making landfall near Wilmington, N.C. around midday Friday ...
September 10, 2018
Every transaction between a buyer and a seller should be taxed or documented, which is a lot of work. Instead, many companies take the risk that they won’t get caught, while others assume they are exempt from sales tax collection because they are ...
September 9, 2018
Although we have the decision from SCOTUS, many questions remain. How will the states proceed with remote seller legislation? What will the effects be of the South Dakota remand? Will Congress step in and pass any federal legislation?
September 7, 2018
An indictment was unsealed on Wednesday, Sept. 6, 2018, charging 20 individuals and entities for their alleged involvement in a transnational criminal organization that victimized over 2,000 people in the United States through a fraudulent India ...