Taxes January 28, 2026
New York City Mayor Zohran Mamdani lambasted former Mayor Eric Adams for a “fiscal crisis” on Wednesday, laying the blame on Adams for a budget gap that could exceed $12 billion.
January 27, 2026
January 27, 2026
July 16, 2018
While the South Dakota law which lead to the Supreme Court ruling envisions a $100,000 annual sales threshold, multiple large U.S. businesses as well as organizations such as the National Taxpayers Union Foundation have expressed their reservations or ...
July 12, 2018
Wolters Kluwer Tax & Accounting is offering the timely live webinar, Sales Tax Nexus – Post Wayfair, hosted by internationally recognized tax expert Mark Friedlich, Esq, CPA and Senior Director Corporate Indirect Tax at Wolters Kluwer Tax & ...
July 12, 2018
There used to be a time when brick and mortar stores thought they were losing ground to upstarts like Amazon, who initially didn’t charge sales tax because Amazon didn’t have a physical presence in the state where the sale was made. Eventually Amazon ...
July 11, 2018
With the increasing use of prescribed opioids, reportedly one out of every three persons took such a prescription in 2015, the likelihood that the issue will arise in either the hiring context or involving a current employee is significant.
July 3, 2018
The Internal Revenue Service has released a prototype of the new Form 1040 that hundreds of millions of Americans use to file their annual taxes. The new "postcard sized" form will be used for the 2018 income tax year, which most Americans will file ...
July 3, 2018
The Court explicitly rejected the requirement that a remote seller must have a physical presence in a state before that state or its localities could require sales tax collection. A majority of the Court swept aside the rules that guided this area of ...
June 22, 2018
The Supreme Court has ruled the physical presence standard it upheld in Quill Corp. v. North Dakota (1992) is “unsound and incorrect.” That means states are allowed to tax businesses that don’t have a physical presence in the state.
June 22, 2018
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 ...
June 21, 2018
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...…
June 19, 2018
For years, accountants have heard that our profession is changing. With the advent of new technology, we no longer will be data entry specialists or spend excess billable hours working on tax returns; instead, we have to morph ourselves into trusted ...
June 19, 2018
As ecommerce has made it easier for even small businesses to makes sales to customers across the U.S. and around the world, Avalara's technologies have been unheralded in their role. The company's sales tax engine integrates with more than 600...
Taxes June 5, 2018
As a tax professional, you surely know about the new 20% tax deduction for “Pass Through” entities under the Tax Cuts and Jobs Act (TCJA). If you have musician and other performing art clients, you may have wondered if (and how) they qualify.