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Florida Applies Service Revenue Sourcing Guidance Based on Location of Deliverables

By: Tina M. Chunn, SALT Senior Manager At a glance The main takeaway: Florida concluded that a taxpayer’s service revenue…

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Georgia Pass Through Entity Tax

At a glance Schedule a consultation with Aprio to learn more about the Georgia pass-through entity tax and more. The full…

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Anita Bales Retires from DCAA

Aprio would like to wish Director Anita Bales congratulations on her retirement from the Defense Contract Audit Agency (DCAA)! Aprio’s…

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Accounting, Finance and IT Staffing: Tips to Recruit Top Talent in 2022

At a glance Schedule a consultation with our team today. The full story: Last summer, the labor market experienced a…

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Definition of Compensation Errors for Retirement Plans

Definition of compensation errors are the most common plan error that we see on audit and can be the most…

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5 ESG Investment Benefits for Management

At a glance Are you ready to build your social balance sheet? Contact our team for a free consultation. The full…

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The OECD’s Two-Pillar Solution Poses Big Tax Changes for International Businesses. Will You Be Affected?

At a glance Schedule a consultation with our International Tax team today and start the conversation. The full story: Multinational…

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COVID Debt Relief – Bankruptcy and Weighing Your Options

At a glance Schedule a consultation with an Aprio advisor for help navigating COVID-related debt. The full story: In a recent…

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California is Now Requiring Schedules Report California Tax Basis Capital Accounts

At a glance Main takeaway: The State of California amended their tax laws now requiring Schedules M-2 and K-1 to…

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Top 4 Trends in Affordable Housing for 2022

At a glance Schedule a consultation with our team today. The full story Affordable housing has already endured several major…

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Dentists: Is Your Practice’s Overhead Too High?

At a glance: Looking for more effective or creative ways to reduce overhead and boost profits? Aprio’s National Dental Practice can…

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Dissecting Maryland’s Taxation of Digital Products: Part 3 – Some Continued Education and Nonprofit Organization Events are Taxable

Last year, the Maryland General Assembly enacted House Bill 932, which made the sale of digital products subject to tax….

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Total Time Accounting and Uncompensated Overtime

Without a total time accounting policy, a Federal contractor leaves the door wide open for the possibility of DCAA disallowing…

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Digital Asset Staking: Your Top Tax Questions, Answered

At a glance Schedule a consultation today The full story: As its name implies, the United States Internal Revenue Code…

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Ransomware: King of Cybersecurity Threats

At a glance The main takeaway: The fastest-growing threat facing businesses today is ransomware. There are numerous methods threat actors…

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Governor Signs Two Significant Bills Affecting Businesses

At a glance  Main takeaway: Earlier this week, Governor Newsom signed two significant bills that business should understand, SB 113 and SB 114….

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IRS Provides Procedural Guidance for Employment Tax Determinations Under IRC Section 7436

Last month, we published the blog post, “Worker Classification and the Gig Economy,” which discussed the growing expansion of the…

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New Guidance from the IRS Makes Claiming R&D Credits More Complex

At a glance Schedule a consultation with Aprio’s R&D Tax Credit Team today. The full story: In the fall of 2021,…

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Recommendations on Long-Term Incentive Stock Compensation

Long-Term Incentive Plan Characteristics Assessment  FAR 31.205-6(f)(1) Bonuses and Incentive Compensation Bonuses and Incentive compensation are allowable provided the: Compensation…

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The Pulse on the Economy and Capital Markets: Jan 24 – Jan 28, 2022

At a glance: The markets can’t catch a break with stocks, bonds and cryptocurrency continuing to decline. Oil remains the…

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Bank Benchmarking Helped Two Global Restaurant Brands Reduce Service Fees by 20%

At a glance Schedule a consultation with our team today. The full story: Most finance leaders grumble about banking and…

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The Evolution of ESG: From Niche to Mainstream

At a glance ESG coming of age: ESG investing has grown rapidly over the past decade with no signs of slowing…

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Tennessee Rules that Online Cloud-Based Platform is Not Subject to Sales Tax

By: Tina Chunn, SALT Senior Manager At a glance The main takeaway: As more companies offer products and services through…

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Virginia Residents: You May Pay Double State Tax on Pass-Through Entity Income

By: Jeff Glickman, SALT Partner At a glance The main takeaway: The decision of making a Pass-Through Entity Tax election…

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Gain From the Sale of Federal Environmental Credits Treated as Apportionable Income in Wisconsin

By: Jess Johannesen, SALT Senior Manager At a glance The main takeaway: A ruling by the Wisconsin Tax Appeals Commission…

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Washington Sources Service Revenue to Location Where Customer Received Benefit

By: Aspen Fairchild, SALT Senior Associate At a glance The main takeaway: Determining how to source service revenue for state…

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Dentists: Are You Considering Your Patient’s Risk Tolerance?

At a glance: Partner with a dental CPA that will take as much care with your practice as you do…

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Part I: Are Your Business’s Intellectual Property Rights Protected?

At a glance The main takeaway: Business owners need to be more vigilant about protecting their intellectual property (IP) in today’s…

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Virginia Disallows Credit for Pass-through Entity Taxes, While General Assembly Proposes SALT Cap Workaround 

The Virginia Department of Taxation has issued a ruling addressing whether resident individuals can claim a credit for taxes paid…

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North Carolina Businesses Set to Receive a New Wave of COVID-19 Financial Relief

At a glance:  The full story: North Carolina-based businesses are receiving a life preserver to help weather the devastating impact…

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4 Steps to Navigate COVID-19 Debt

At a glance The full story: Restaurants are among the many businesses navigating the road to financial recovery under the…

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New HITRUST Reporting Options Aim to Fill Major Gaps in the Market

At a glance Schedule a consultation today with one of Aprio’s Information Assurance experts. The full story: The Health Information Trust…

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New FinCEN Beneficial Ownership Information Reporting Requirement under Corporate Transparency Act

The Corporate Transparency Act (“CTA”) is a new U.S. federal law that was enacted in 2020. The CTA provides certain…

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GSA Multiple Award Schedule 101

Doing business with the Federal Government is an attractive proposition. As the world’s largest buyer and marketplace, government contracts can…

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Embrace Technology to Combat the Labor Shortage in Your Dental Practice

At a glance Schedule a free consultation today. The full story: It should come as no surprise to hear there…

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The Pulse on the Economy and Capital Markets: Dec 27 – Dec 31, 2021

At a glance: Overall, the U.S. performed well as stock markets closed out 2021 strong and leading economic indicators are…

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Day Trader – Mark-to-Market Election Deadline

As the year comes to a close, day traders with net losses may wish they had made a mark-to-market election. …

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New Calculation Method for Small Business Size Standards

The US Small Business Administration (SBA) announced that it is altering the method for calculating average annual receipts, which are…

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The Good News About Build Back Better Act (BBBA) Not Moving Forward

The Full Story The BBBA eliminates a permitted exclusion in the Net Investment Income tax provisions by subjecting all trade…

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The Bad News Not Being Reported on the Demise of the Build Back Better Act

At a glance The main takeaway: With the demise of the Build Back Better Act (BBBA), a clause from a 2017…

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1031 Exchanges –Navigating Related Party Exchanges

At a glance: The main takeaway: With careful tax planning, 1031 exchanges offer taxpayers an opportunity for big savings on income…

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The Pulse on the Economy and Capital Markets: Dec 6 – Dec 10, 2021

At a glance: Overall, stock markets across the globe rebounded last week as inflation increases to levels not seen in…

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5 Tips to Increase Case Acceptance in Your Dental Practice

At a glance Schedule a free consultation today. The full story: Case acceptance is a good indicator to determine how…

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The DOL Delivers Final Ruling on Reinstated 80/20 Rule

At a glance Schedule a free consultation with Aprio’s Restaurant, Franchise and Hospitality team today. The full story: On October…

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Texas Court Rules That Excavation Equipment Qualifies for Sales Tax Exemption

By: Tina Chunn, SALT Senior Manager At a glance The main takeaway: Manufacturers who are paying sales tax on machinery…

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Buying a Business’s Assets? Don’t Ignore State Tax Successor Liability Issues

By: Jess Johannesen, SALT Senior Manager At a glance The main takeaway: Thorough state tax due diligence and analysis are…

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Professional Service Businesses That Also Sell Goods Should Pay Special Attention to Their Sales Tax Obligations

By: Betsy Goldstein, SALT Manager At a glance The main takeaway: A new South Carolina Revenue Ruling addresses the sales…

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What is Qualified Improvement Property & How You Can Benefit From It

At a glance Schedule a consultation with Aprio today The full story: Are you a real estate developer working on…

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