Posts by Aprio Publisher
Illinois and Maine Explain Changes to Sales Tax on Leases Effective January 1, 2025
At a glance: Schedule a free consultation today to learn more! The full story Illinois and Maine recently issued guidance[1] explaining changes to each state’s sales tax treatment of leases that went into effect on January 1, 2025, pursuant to legislative changes enacted last year.[2] Historically, and unlike almost all other states, Illinois and Maine…
Read MoreTexas Rules that Equipment Dealer is a Marketplace Provider for Separate Warranty Sales
At a glance: Schedule a free consultation today to learn more! The full story All states that impose sales tax have rules that require “marketplace facilitators” to collect and remit sales tax on sales occurring through their marketplace. Essentially, these rules place the burden of sales tax compliance on those marketplace facilitators, even though they…
Read MoreIndiana and Illinois Address Sales Tax on Video Game Subscriptions and In-Game Purchases
At a glance Schedule a free consultation today to learn more! The full story Many years ago, when we used to go to the store to buy a video game cartridge or a disc, sellers would charge sales tax because the cartridge or disc was considered tangible personal property. Today, video games are offered in…
Read MoreVirginia Sales Tax Sourcing May Depend on Which Party Arranges Shipping
At a glance Schedule a free consultation today to learn more! The Full Story The Virginia Department of Taxation recently addressed in Ruling 24-100 how to source a sale for sales tax purposes when an out-of-state purchaser arranges for a third-party common carrier to pick up the product at the seller’s Virginia location. This scenario…
Read MoreTop Five Failures in GSA Office of Inspector General (OIG) Audits #4, Sales Tracking Systems and Reporting
At a Glance The Full Story: The fourth in a series of articles dedicated to GSA OIG audit compliance failures focuses on MAS sales tracking systems and reporting. All MAS contractors must comply with GSAR 552.238-80 Industrial Funding Fee (IFF) and Sales Reporting. GSA does not mandate the use of specific accounting software, but the…
Read MoreTemporary Restraining Order Halting USAID Mass Terminations is Lifted
Legal challenges to President Trump’s actions to defund USAID have been rapidly evolving since his January 20 Executive Order: Reevaluating and Realigning United States Foreign Aid. Events through February 18th were chronicled in our previous article, but the situation continues to evolve. Federal judge lifts temporary restraining order (TRO) on USAID layoffs On Friday, February…
Read MoreI Am Not a Bank, Why Do I Have to Do an AML Independent Assessment?
At a glance: Schedule a consultation with us. The full story: Banks are increasingly requesting Anti-Money Laundering (AML) independent assessments from companies, even if they are not traditional financial institutions or Money Services Businesses (MSBs). Partner banks are trying to risk-rate their clients and ensure their clients are also investing resources in mitigating their own…
Read MoreCMMC Services and Solutions for Government Contractors
Resources for Displaced Federal Workers
Executive orders and policy changes from the Trump administration have created ripple effects throughout the federal government, leading to funding cuts, furloughs, and layoffs. The Trump administration has called for mass layoffs of federal employees with probationary status as well as those deemed non-essential, a move that’s been upheld after a U.S. District Judge refused…
Read MoreA Timeline of Funding and Policy Shifts in the Department of Education
Recent actions by the Trump Administration and subsequent legal challenges have left the future direction of the Department of Education uncertain for staff, grant awardees, and other recipients of federal funds. The Administration’s federal funding freeze is already reshaping how the Department operates and affecting those reliant on federal aid and other programs. Timeline of…
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