Archive for May 2017
2017 Multi-State Legislative Update: Sales Tax Economic Nexus
Several states have passed legislation requiring remote sellers to pay sales and use tax when they exceed a certain threshold.
Read MoreMinnesota and Masschusetts Hold Individuals Personally Liable for Unpaid Sales Taxes
As these cases demonstrate, business owners and officers can be held personally liable for their company’s unpaid sales taxes.
Read MoreHousing Authority News May 2017
https://www.aprio.com/media/newsletters/hud-8-17.html
Read MoreNew Jersey Decision on Sourcing of Gain May Present Opportunity for Out-of-State Companies
New Jersey determined that gain from an asset sale and liquidation transaction constituted “non-operational” income, under which the income was entirely sourced to New Jersey instead of being apportioned across multiple states. On April 10, 2017, the Tax Court of New Jersey issued an opinion regarding the sourcing of a gain from the sale of a…
Read MoreRhode Island Provides Guidance on Taxability of Technology Services
Rhode Island ruled that storage service, computing service and data transfer fees are not subject to sales tax because no software is licensed or downloaded. By Tina Chunn, SALT senior manager As technology and technology-related services continue to evolve, states receive frequent requests to clarify the taxability of such services for sales tax purposes. In some…
Read MoreGeorgia Releases Sales Tax Rulings Addressing Taxability of Services and Sourcing Issues
Georgia ruled that custom video services weren’t taxable, even when the video was delivered on a tangible medium, and that the sale of products received in Georgia by a third party on behalf of a customer located outside the state was subject to sales tax. Recently, Georgia released two letter rulings addressing the sales taxability of…
Read MoreRestricted Stock and 83(b) Elections: 7 Common Questions
By: Ori Epstein, partner Emerging startups wanting to hire and incentivize key members of the team will often give stock in lieu of paying big salaries. The right talent is the company’s most valuable asset and providing stock options can be a great way to support growth without burning through funds. But giving out stock…
Read MoreNew Offering for Clients and Prospects: Executive Briefings
An exciting new offering for clients and prospects has been launched at Aprio: executive briefings through the Aprio NEXT Center. The NEXT Center provides collaborative learning and briefing sessions to empower entrepreneurs and executive leaders to advance their businesses with confidence. The sessions allow clients and prospects to engage with Aprio’s subject matter experts to…
Read MoreThree Ways to Reward and Encourage Key Employees
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