Archive for August 2021
The Pulse on the Economy and Capital Markets: August 23–27, 2021
At a glance Markets rebounded after a rough couple of weeks, as investors embraced more risk and more cyclical sectors. Meanwhile, we’re starting to see the Delta strain of COVID-19 impacting the economy and the stability of recovery. Positive, thanks to the Fed’s announcement about its tapered bond-buying program and its delay in increasing interest…
Read MoreState and Local Tax (SALT) Newsletter August 2021
https://info.aprio.com/aprio-salt-newsletter-new-tax-perks-for-crypto-miners
Read MoreSubscription to Use Data is Taxable Under Arizona’s Transaction Privilege Tax
By Betsy Goldstein, SALT Manager At a glance The main takeaway: Arizona recently ruled that subscription fees to use data will be considered as a taxable rental of tangible personal property under its Transaction Privilege Tax. Impact on your business: The ruling demonstrates that states may take a broad view of what constitutes as tangible…
Read MoreCryptocurrency Miners are Now Eligible for Kentucky Tax Incentives
By: Jeff Glickman, SALT Partner At a glance The main takeaway: Kentucky recently enacted tax incentives focused specifically on cryptocurrency mining facilities. Impact on your business: Other states are offering similar types of incentives to attract large data centers, which may apply to crypto miners. Next steps: Aprio’s State and Local Tax (SALT) team can…
Read MoreCalifornia Enacts a Pass-Through Entity Tax as a SALT Cap Workaround
By: Jeff Glickman, SALT Partner At a glance The main takeaway: With the signing of AB 150, California is the latest of several states to establish an elective pass-through entity (PTE) tax. Impact on your business: The PTE tax is intended to be a workaround to the federal $10,000 cap on the deduction for state…
Read MoreState & Local Tax (SALT) Newsletter July 2021
https://info.aprio.com/aprio-salt-newsletter-are-you-a-marketplace-facilitator-it-matters-for-taxes
Read MoreHow Healthcare Falls Short on Cybersecurity – And How to Catch Up
At a glance: Another healthcare crisis: The rapid and unceasing rise in healthcare-related cybercrimes is taking its toll, contributing to widespread patient distrust in providers’ ability to safeguard personal information. Do no harm: Patients will always suffer the most when a healthcare provider or business fails to implement effective cybersecurity protocols, so prioritizing patient care…
Read More5 Ways Dentists Can Increase Marketing ROI
At a glance: Get in front of patients: Marketing is what keeps dental practices top of mind for patients, but it does not mean anything unless practitioners measure their efforts. Level up your approach: Dentists should embrace a hybrid combination of digital marketing, community outreach and patient engagement to drive success. Get advice from experts:…
Read More4 Essential Steps to Take Before Starting Your Digital Transformation
At a glance The main takeaway: Before you invest in new technology for your restaurant, franchise or retail business, you need to take a step back and assess your current tech infrastructure. Action steps to take: You must identify gaps, develop tactical and big-picture strategies for accomplishing your goals, and gain buy-in to give your…
Read MoreThe Pulse on the Economy and Capital Markets: August 16–20, 2021
At a glance: Recent market performance shows just how much investors are worried about the future of the economy, amid rising COVID-19 cases. On the bright side, interest and investment in tech are booming. Markets fell short last week, while bonds held steady — a sign that investors are growing uneasy about the future outlook.…
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