Archive for February 2021
Best Ways to Use Your COVID Relief Money to Benefit Your Dental Practice
Watch this three-minute video clip featuring Trent Watrous, Partner with Aprio’s National Dental Practice. In the video, Trent addresses some of the most common concerns Dental Practices face regarding these government programs — and most importantly, the best ways to use the relief money. If you have a question or are seeking guidance on the…
Read MoreMaryland’s RELIEF Package Provides Sales Tax Credit for Small Businesses of up to $12,000
On February 13, 2021, the Maryland legislature approved Governor Larry Hogan’s Recovery for the Economy, Livelihoods, Industries, Entrepreneurs and Families (RELIEF) Act (Senate Bill 496). The $1 billion emergency legislative package includes up to $300 million of direct support for small businesses, including a sales tax credit that allows businesses to keep collected sales taxes…
Read MoreMaryland Legislature Overrides Governor’s Veto to Enact Digital Advertising Tax and Sales Tax on Digital Products
Maryland has become the first state in the country to enact a tax specifically imposed on digital advertising. On February 11, 2021, the Maryland General Assembly overrode Governor Larry Hogan’s veto of House Bill 732, which was initially approved by the legislature last year. The tax, which is imposed on annual gross revenue derived from…
Read MoreWho Should Your First Accounting Hire Be: Controller, Senior Accountant, or CFO?
Congratulations on successfully establishing your business and beginning operations! Now that you’re up and running, you may be considering your first accounting hire. But, how do you know what position to fill first? How can you be confident that your course of action is the right one? At Aprio, we are often asked, “Do you…
Read MoreInternational Tax M&A Due Diligence for U.S. Government Contractors
Many US government contracting companies are continuing to expand their global footprint by performing contracts in other countries. The opportunity to engage in cross-border business activity on a global scale may lead to significant growth in revenue. The cost to implement an infrastructure in a foreign country will impact the profitability of a contract. It…
Read MoreStructured Note Presentation
As your investment advisors, Aprio Wealth Management is always looking for new vehicles to help you achieve your goals. We are adding a new asset to our allocation that is a hybrid of fixed income and equity, these vehicles are called Structured Notes. The current low-interest environment has resulted in lower investment yields. We believe…
Read MoreeCommerce Fulfillment Basics in Less Than 5 Minutes
Should you sell your products direct-to-consumer or on Amazon? Should you fulfill orders in-house or outsource logistics to a third-party logistic partner? The decision-making process can seem complicated — but it doesn’t have to be. Watch this 3.5-minute video for a simple decision tree, explained by eCommerce expert Jason Shefrin, to help you move forward.…
Read MoreHow to Handle Missing or Lost Retirement Plan Participants
Missing or lost retirement plan participants has been an issue for employers for many years with very limited concrete guidance from the regulatory agencies overseeing employer plans. This silence changed a couple of years ago when the Department of Labor (DOL) put forth some limited guidance outlining various steps employers should take in order to…
Read MoreBest Practices for Vetting 3PL Partners
Whether they are selling powdered peanut butter or office furniture, many B2B and B2C companies opt to use a third-party logistic (3PL) partner to outsource a portion or 100% of their distribution. By tapping into a solid 3PL partner — including their reputation, economies of scale and ecosystem — companies can focus on product innovation,…
Read MoreHow eCommerce Pricing Affects Your Sales Channels
Retail price controls are important for most B2B and B2C product companies. So, how can you better navigate them to ensure your products have a fair shot? Watch this quick, 2.5-minute video to learn more about the pricing landscape on Amazon and how it impacts your other sales channels. Have other pressing business questions? From…
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