Ideas & Insights

Tax planning opportunities for consideration in light of COVID-19, the resulting economic crisis, and evolving tax laws and regulations.

Looming budget shortfalls coupled with tax-related ballot measures in many states could significantly affect 2021.

Annual license renewals will be required for certain taxes, including the sales tax, sellers use tax and the simplified sellers use tax.

Key actions companies doing business in the United Kingdom should consider as the UK’s transitional period with the EU comes to an end.

Organizations that translate lessons learned from COVID-19 into future ready standards can create value that will last beyond this crisis.

The future of state and local incentives in a post-pandemic economy will be highly influenced by remote workforces – states may act soon.

Tax law and policy changes may increase state and local taxes for many businesses as states look to make up pandemic shortfalls.

Digital tools like artificial intelligence, digital analytics and machine learning minimize repetitive manual tasks and streamline systems.

California Office of Tax Appeals determined that a construction company could not use a resale certificate for material purchases.

Expanded eligibility ending Nov. 30, 2020 presents an opportunity for businesses to come into compliance with certain state taxes.

The revised sales tax nexus standards reduce the current $500,000 threshold to $100,000 beginning Oct. 1, 2020.

Mississippi will require marketplace facilitators to register to collect and remit sales and use taxes beginning July 1, 2020.

The state will decouple from the taxpayer-friendly interest expense and net operating loss provisions of the federal CARES Act.

Expansive tax bill provides taxpayer-friendly changes while balancing reduced tax revenue in the COVID-19 economy.

The state responses have created a fragmented landscape of thresholds and compliance obligations with more questions than answers.

Louisiana will require marketplace facilitators to register and collect and remit the state and local sales tax beginning July 1.

RSM and Crimson Tree Software collaborate to transform how partnerships manage tax compliance and reporting in the middle market.

Effective July 1, Maryland has exempted from sales and use tax the sale of certain personal property to qualified data centers.

Manufacturers changing over operations in order to create personal protective equipment may be exposed to new state tax liabilities.

First-of-its-kind tax would have imposed a gross receipts tax on large companies purchasing digital advertising in Maryland.