Ideas & Insights

State and local tax opportunities are available for restaurants for cash flow maximization and support during the pandemic.

State and local tax strategies may alleviate some of the economic consequences of COVID-19 on the manufacturing industry.

Businesses in the technology industry may benefit from a roadmap of cash-flow maximization considerations during the COVID-19 pandemic.

Law firms and professional services businesses are experiencing challenges with the COVID-19 pandemic, creating state and local tax issues.

Immeasurable operational challenges face the industry as some sectors see opportunities while others see risk.

Today, the House of Representatives passed the CARES Act on a voice vote and the President signed the bill enacting it into law.

Federal income tax filing and payment relief extension to July 15, 2020 may not apply to all state income tax filings.

Financial services businesses providing software and services to Illinois customers may have multiple transaction tax obligations.

Limited sales and use tax filing and payment relief has been included in some of the state and local COVID-19 response guidance.

Congress, the White House and Treasury have taken action to assist businesses and individuals cope with business issues.

New proposed regulations provide helpful examples of business entertainment and meals deductions still permissible after TCJA restrictions.

Publicly traded companies located in Illinois may be subject to new demographic reporting requirements by Jan. 1, 2021.

Massachusetts rejects change in domicile after Florida home purchase, driver’s license change and new voter registration.

Department issued compliance alert explains the sales and use tax collection responsibilities for marketplace facilitators and sellers.

Last year’s service-based and advanced computing business surcharges receive significant makeover after public concern.

Online software products allowing remote access to a host computer as well as screen sharing capabilities were taxable.

Fund management companies face difficult challenges in determining their state income tax filing obligations and apportionment rules.

Six weeks after enacting significant tax changes, the Utah legislature and governor repealed the entire tax reform package.

This article discusses state, county, and local-level credits and incentives a company should consider in evaluating investment into the US.

The Wayfair decision goes beyond just retail and can impact manufacturers that sell exempt to resellers or distributors.