Taxes

July 1, 2021 

On June 30, 2021, Missouri became the last state with a sales tax to require out-of-state sellers and marketplace facilitators to collect and remit sales and use tax. It’s been a long time coming.

Gail Cole

July 1, 2021 

A grand jury in Manhattan filed criminal indictments Wednesday against the Trump Organization and Weisselberg, the Washington Post reported. The indictments will remain sealed until Thursday, so it’s not clear with what they’re specifically charged ...

June 30, 2021 

As new value-added tax (VAT) rules for e-commerce transactions take effect on July 1, 2021, this integration will help companies remotely selling and supplying intra-European Union goods by enabling them to seamlessly calculate tax using Vertex ...

June 29, 2021 

A little more than a third of U.S. business executives (34 percent) say they expect their companies’ travel spending to return to pre-pandemic levels by the end of 2021, if they haven’t reached those levels already, according to an American Institute ...

June 29, 2021 

This year’s “Dirty Dozen” will be separated into four separate categories: pandemic-related scams like Economic Impact Payment theft; personal information cons including phishing, ransomware and phone ‘vishing’; ruses focusing on unsuspecting victims ...

June 24, 2021 

CPA tax advisors are in a unique position as financial physicians. Now is an ideal time to be proactive and contact clients who might be in need of a mid-year financial check-up. With potentially significant changes to the tax landscape looming, we ...

June 24, 2021 

Because so many new cannabis business owners have lots of questions I've pulled together the common ones I hear so you can help prospective clients understand the ways accounting professionals can support their businesses.

June 22, 2021 

Twenty-nine state tax departments responded they will follow the federal treatment of such forgiveness or cancellation under section 1160(i) of the CARES Act and will not treat these amounts as taxable income. An executive summary of the survey, which ...

June 22, 2021 

Trade treaties are formal agreements between two or more countries that make it easier to trade between each other by reducing tariffs, quotas, and other trade restrictions. For businesses, assembling and maintaining content related to treaties ...

June 18, 2021 

It’s been three years since the Supreme Court of the United States issued the game-changing decision on South Dakota v. Wayfair, Inc. Businesses are still learning how to manage the aftereffects of this groundbreaking event, even as they navigate the ...

June 18, 2021 

This change stems from the enactment of House Paper 891, An Act To Amend the State Tax Laws, which Governor Janet Mills signed into law on June 11, 2021. The measure doesn’t mention the transaction threshold — it simply removed it from the section ...

June 15, 2021 

The Treasury Department and the Internal Revenue Service have unveiled an online Non-filer Sign-up tool designed to help eligible families who don’t normally file tax returns register for the monthly Advance Child Tax Credit payments, scheduled to ...