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Georgia Ruling Addresses Sales Tax Treatment of Non-Itemized Lease Payments
The fees itemized or not itemized on an invoice to a customer can impact the sales tax a business must…
Massachusetts Classifies Biotech Company as Manufacturer Requiring Single Sales Factor Apportionment
State income apportionment methods sometimes vary by industry, and a recent case highlights the importance of industry classification. By Tina…
Indiana Rules that Cloud-Based Solution for Webcasting is Not Taxable
Indiana decided that the taxpayer’s business was a non-taxable service, instead of a taxable software product. Companies frequently use webcasts…
Utah Rules that Taxpayer Lost Net Operating Loss Carryover Following Merger
A recent Utah case stated that if an acquired company is merged out of existence, its NOLs cannot be deducted…
California Court of Appeals Confirms Passive LLC Members Aren’t Liable for Minimum Franchise Tax
A California court determines that passive investors are not “actively engaged” and thus are not doing business in California for…
Claim R&D Credits Against Your Federal Payroll Withholding
By Carli McDonald, partner-in-charge of R&D Tax Credit Services, and Olivia Backs, tax associate Last year, Congress re-vamped its tax…
Compliance: Mortal Enemy of Fintech Innovation?
By Dan Schroeder, partner-in-charge, Information Assurance Services PSA for fintech innovators: If you haven’t already, you will soon run into…
Fintech Companies: Ignore Security- and Privacy-by-Design at Your Peril
By Dan Schroeder, partner-in-charge of Information Assurance Services Heightened regulatory and industry scrutiny of data-security practices is elevating security-by-design and…