What Happens When a QPRT Ends?

Homeowners who want to minimize their future estate taxes and transfer their home to their children might consider setting up a Qualified Personal Residence Trust (QPRT). QPRTs allow the grantor to remove their personal home from their estate by gifting the home to the trust while retaining some interest—usually living in the home—for a specified…

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Timeline for Campus Candidates in Public Accounting

When should you start applying for internships and full-time positions? The answer depends on your industry, but we will focus on the public accounting field. It is important to have an understanding of when you plan on finishing your 150 credits, as many firms will inquire to determine your eligibility. Why 150 credits? See AICPA’s…

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Wayfair and Nexus: The Aftermath, Part 6 – No More Cookies and Thresholds

Kansas’ Governor vetoed the state’s proposed Wayfair sales tax economic nexus legislation, but then the Kansas Department of Revenue issued an administrative announcement that the state would begin to enforce economic nexus against remote sellers without establishing any sales or transaction threshold. Since the Wayfair decision more than a year ago, Aprio’s SALT Newsletter has covered the flurry of…

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