Archive for December 2024
The Benefits of Hiring an External Party for Sarbanes-Oxley (SOX) Compliance
At a glance Have more questions? Schedule a consultation with Aprio’s SOX compliance team today. The full story: In today’s complex regulatory environment, ensuring compliance with the Sarbanes-Oxley Act (SOX) is critical for public companies. While some organizations choose to handle SOX compliance internally, there are significant advantages to hiring an external party to manage…
Read MoreLexy Kessler Named to Accounting Today’s Top 100 Most Influential People in Accounting
ATLANTA – Dec. 18, 2024 – Aprio, the 25th largest business advisory and accounting firm in the U.S., is proud to announce that Lexy Kessler, partner at Aprio and vice chair of the American Institute of CPAs (AICPA), has been named to Accounting Today’s list of the Top 100 Most Influential People in Accounting. This…
Read MoreBlueprint for Success: Strengthen Your Construction Firm with 3 Pillars of Internal Controls
At a glance Schedule a consultation The full story: If you are a business owner in the construction industry, a critical area you may inadvertently overlook is your internal controls process. Internal controls are policies and procedures designed to improve the reliability of information and prohibit the misappropriation, or theft, of company assets. Strengthening them…
Read MoreIs Your Federal Income Tax Return Being Adjusted? If So, Don’t Forget Your State Income Taxes
By: Jeff Glickman, SALT Partner At a glance Schedule a free consultation today to learn more! The full story Is your federal income tax return currently being reviewed by the Internal Revenue Service (IRS)? Are you engaged in settlement negotiations with the IRS on a particular set of issues? If so, and if you expect…
Read MoreNew York Ruling Explains Sales Tax Treatment of Cybersecurity Services
By: Jess Johannesen, SALT Director At a glance Schedule a free consultation today to learn more! The full story In several states, security services can be subject to sales and use tax, even though we often think of these services in the traditional sense of protecting our tangible possessions or body. However, for sales tax…
Read MoreIn-State Activities Performed by a Third-Party Representative Created Sales Tax Nexus in Washington
By: Camille Adams, SALT Senior Tax Associate At a glance Schedule a free consultation today to learn more! The full story Over the last several years, much of the focus regarding sales tax nexus has been on the economic nexus rules enacted by the states, which came in response to the United States Supreme Court…
Read MoreNebraska Supreme Court Declares IRC Section 965 Inclusion Not Eligible for Dividend Received Deduction
By: Michael Colavito, SALT Director At a glance Schedule a free consultation today to learn more! The full story The Nebraska Supreme Court recently issued an opinion in which upheld a District Court’s decision that the one-time income inclusion required under Internal Revenue Code (IRC) Section 965 is not eligible for the state’s income tax…
Read MoreTennessee Contractor is Allowed to Purchase Water Treatment Equipment Without Paying Sales Tax
By: Tina M. Chunn, SALT Senior Manager At a glance Schedule a free consultation today to learn more! The full story When a contractor engages with a manufacturer to build a manufacturing/industrial facility, the contractor may also purchase and install equipment that will be used by the manufacturer. Whether a contractor can purchase that equipment…
Read MoreVirginia Ruling Addresses New One-Time Sales Tax Relief for Real Property Contractors
By: Betsy Goldstein, SALT Senior Manager At a glance Schedule a free consultation today to learn more! The full story Sales and use tax rules can be complicated for businesses engaged in real property contracting partly due to the fact that the rules deviate from traditional sales tax compliance. Whereas businesses that sell taxable goods…
Read More2024 Year in Review Dental Economic Update
Coming into the year, the consensus was that we were likely headed toward a recession. However, inflation has continued to come down and the economy has been more resilient than anticipated, driven by consumer spending. In this economic update, you’ll hear valuable insights from Aprio’s Dental and Wealth Management leaders on what dental practices could…
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