Taxes
Top 5 Things You Need to Know About The Business Interest Deduction Limitation and Controlled Foreign Corporations
At a Glance IRS Final Regulations Update: The IRS released final regulations on the business interest deduction limitation that directly…
Portfolio Companies: Are You Eligible for the ERC?
30 Second Summary: Portfolio Companies and the ERC: While a controlled group relationship is generally unlikely between a private equity firm…
Transfer Pricing and COVID-19 – Time to Re-Examine Your Policy
At a Glance Multinational Companies Beware: Economic impacts from COVID-19 may require a new transfer pricing policy to avoid future penalties….
IRS Final Regulations on Foreign Tax Credits: New Compliance Headaches
At a Glance: IRS Final Regulations Update: The IRS has released the long-awaited final regulations for foreign tax adjustments, which the…
Have a Vacation Home in New York? Double-Check Your Tax Liability
By: Jess Johannesen, Senior Manager, State & Local Tax Services At a Glance: The Main Takeaway: The New York State Tax…
Amended Texas Franchise Tax Apportionment Regulation Adopts Significant Sourcing Changes
By: Jeff Glickman, partner-in-charge of Aprio’s SALT practice At a Glance: The Main Takeaway: The Texas Comptroller of Public Accountants has…
How the Products You Sell Impact Your Purchase Exemptions
By: Tina M. Chunn, CPA, State and Local Tax Senior Manager at Aprio At a Glance: The Main Takeaway: Two advisory…
To Tax or Not to Tax? Using the True Object Test to Assess Sales Taxability
By: Betsy Tuck, State and Local Tax Manager at Aprio At a Glance: The Main Takeaway: In today’s growing, tech-fueled economy,…
IRS Declines to Extend Due Date for First-Quarter Estimated Tax Payments
At a glance: The IRS has confirmed its extension of the filing due date for 2020 individual income tax returns…
Maryland Comptroller Interprets Taxable “Digital Products” to include Almost Everything
On February 12, 2021, the Maryland General Assembly overrode the Governor’s veto of House Bill 932, making Maryland the most…