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The America COMPETES Act Could Supercharge Manufacturing
At a glance Main takeaway: The America COMPETES Act is set to transform the manufacturing industry and advance the United…
Part II: How long do we ride the economic rollercoaster before we hit a rebound?
There will always be a level of inherent market volatility. In fact, Wall Street has a phrase for it —”prices…
Before Buying a Dental Practice, Take These 3 Steps
At a glance The main takeaway: Before buying a practice, dentists must know what type of buyer they are and…
The Pulse on the Economy and Capital Markets: June 6 – 10, 2022
At a glance: Stocks, bonds and crypto experienced one of the worst weeks since the early days of COVID, causing…
Reasonableness of Executive Compensation
Executive compensation is a hot topic and has been widely discussed in industry blogs, presentations, webinars, etc. Our discussion of…
Accounting Made Easy: 5 Steps to Fast, Easy, and Accurate Bank Reconciliations
One of the more fundamental and important processes in the monthly close is the reconciliation of bank accounts. Reconciling your…
New Maryland Sales Tax Law Eliminates Tax on Certain Purchases of Digital Products by Businesses
Maryland’s General Assembly has enacted House Bill 791, which narrows the scope of digital product sales that are subject to…
Subcontracting with Firms that are Debarred or Suspended: A Compliance Guide
Government contractors, with only a few exceptions, cannot award subcontracts to companies that are debarred, suspended or proposed for debarment….
DoD Issues Guidance on Inflation and Economic Price Adjustments: What Contractors Need to Know
The current high inflation rate is adversely affecting the economy, and government contracting is no exception. Consequently, on May 25,…
5 Ways to Protect Your Business from Supply Chain Headaches
At a glance The main takeaway: International companies face particularly challenging supply chain delays, but there are many strategies available…
Brace for Impact: Changes to R&D Deductions Begin This Year
At a glance The full story: The Tax Cuts and Jobs Act (TCJA) of 2017 may seem like ancient history,…
Key Employee Retention – Incentive Plans Keep Key Employees on Board
It has been more difficult for contractors to attract and retain qualified management personnel. As a result, you need to…
V.I.P. Interview | Solutions to Serve Every Business Need
GACC: Can you tell us a little bit about yourself and how you started your career path? KM: Born and…
Your Roadmap to a Managed Security Service Provider
At a glance The main takeaway: Cybersecurity is not something your business should tackle independently. It doesn’t matter the size…
Washington Rules that Sales Tax Applies to Online Account Access Services
By: Tina Chunn, SALT Senior Manager At a glance The main takeaway: A taxpayer’s services provided through an online banking…
Legislative Tax Updates that New York and Georgia Taxpayers Should Know
By: Jeff Glickman, SALT Partner At a glance Schedule a free consultation today to learn more! The full story: Below…
California Court Upholds Taxpayers’ $12 Million Assessment for San Francisco Transfer Taxes
By: Jess Johannesen, SALT Senior Manager At a glance Schedule a consultation today The full story: With 50 states and…
California Issues New Ruling on Sourcing Service Revenue, Revokes Prior Guidance
By: Aspen Fairchild, SALT Senior Associate At a glance: Key takeaway: In March, the California Franchise Tax Board issued a…
SOC 2 vs. ISO 27001: Which One is Right for Your Company?
At a glance Main takeaway: Companies are eager to demonstrate the effectiveness of their data protection systems, yet they’re unsure…
3 Ways to Attract Top Talent in Restaurants, Franchises and Hospitality
At a glance Competition is getting tight: The hiring market has never been more competitive in restaurants, franchises and hospitality,…
Implementing Changes to Costpoint to Improve Productivity and Efficiency: Part 1- Job Management
Job Management is a very useful functionality in Costpoint that most companies don’t fully utilize. Perhaps during an initial Costpoint…
Key Cybersecurity Skills and Roles to Add to Your Organization
At a glance Level up your cyber approach: A crucial step to protecting your organization and improving company-wide security awareness…
Qualifying for Section 1202: The IRS Provides Clarity on a Taxpayer’s Eligibility
At a glance The main takeaway: In a Chief Counsel Memo, the IRS concluded that a taxpayer’s business of facilitating…
The Pulse on the Economy and Capital Markets: May 9 – 13, 2022
At a glance: This year started out as one of the worst in decades for stock and bond markets as…
Governance: How Private Equity Firms Can Drive an ESG Focus from the Boardroom
At a glance Main Takeaway: In the final part of our series on ESG investing in private markets, we discuss…
Top Anti-Money Laundering Best Practices for Jewelry Dealers
At a glance All that glitters isn’t gold: The jewelry business is ripe for money laundering. Jewelry dealers can reduce…
Inflation Tax Planning for Companies with Inventory
At a glance The main takeaway: Consumers and businesses alike are facing inflation not seen in decades, with companies often…
Best Practices for Preparing For a Retirement Plan Audit
Are you feeling anxious about your retirement plan audit? As we kick off our benefit plan audit season, we thought…
GSA Seeks Industry Feedback on Draft Changes to Polaris
On May 13, 2022, the General Services Administration (GSA) posted proposed changes to the Polaris GWAC solicitation here. The original…
How a Fractional CFO Can Help Increase the Value of Your Business
At a glance Main takeaway: Navigating growth can be a challenge for any size company. Finding support on a fractional…
Understanding Royalty Income and Qualified Corporate Sponsorships for Tax-Exempt Organizations
What is UBI and when is it taxable? While nonprofits are exempt from tax for activities that are in furtherance…
Vertical Integration: Is it Right for Your Supply Chain?
At a glance Main takeaway: Companies are determined to control the future of their supply chain and are turning to…
New York Expands Federal Income Tax Benefits for Certain Pass-Through Entity Owners
By: Jeff Glickman, SALT Partner At a glance The main takeaway: New York State enacted legislation amending the state’s pass-through…
Ohio Court Rules that Charges for Accounting Software are Subject to Sales Tax
By: Jess Johannesen, SALT Senior Manager At a glance The main takeaway: A recent Ohio court opinion analyzed why a…
North Carolina Provides Guidance on Application of Marketplace Facilitator Rules
By: Betsy Goldstein, SALT Manager At a glance The main takeaway: A private letter ruling in North Carolina illustrated that…
Texas Supreme Court Rejects the “Receipt-Producing, End-Product Act” Sourcing Test
At a glance Schedule a free consultation today to learn more! The full story: In our June 2020 SALT newsletter,…
How to Develop the Right Transfer Pricing Strategy for Your Business
At a glance Take action before you do business abroad: From startups interested in expanding internationally to established multinational enterprises,…
U.S. Supreme Court Denies Challenge to SALT Cap
On April 18, 2022, the United States Supreme Court denied to hear a case brought by New York, Maryland, Connecticut…
M&A Trends in the Software Industry
Across most industries and most geographies, 2021 was a very active year for M&A. The Software industry was no exception….
ESG Impacting Levers: How Private Equity Firms Can Drive Value Creation
At a glance Main Takeaway: In part two of our series on ESG investing in private markets, we discuss how…
Signs Your Dental Office Needs Additional Hygiene Hours
At a glance Hygiene hours fuel growth: A strong hygiene department is a key element to the foundation of a…
Updates on Excess Tax-Exempt Organization Executive Compensation
The Tax Cuts and Jobs Act of 2017 added a 21 percent excise tax on tax-exempt organizations, including associations, that…
DCAA Labor Floor Check
If you have Government Cost-type contracts, you’re subject to labor floor-checks by the Defense Contract Audit Agency (DCAA). As often…
Discover How Treasury Optimization Helped an International Office Supplier Reduce Bank Fees by 45%
At a glance Take stock: There may come a point in your business’s growth trajectory in which you need to…
The Pulse on the Economy and Capital Markets: April 11–15, 2022
At a glance Stock and bond markets continued to struggle, as investors focused on and grew more concerned about rising…
The Supreme Court Reverses the Ruling of the Employee Retirement Plan Lawsuit Against Northwestern University
At a glance The main takeaway: The Supreme Court reversed the dismissal of the employee-led lawsuit against Northwestern University reaffirming…
3 Ways to Create a Successful Remote Work Environment
At a glance Remote work is here to stay: Businesses must take note of remote work’s influence on the market…
Virginia Jumps on the SALT Workaround Bandwagon
Virginia has enacted legislation (Senate Bill 692) to implement an elective pass through entity (PTE) tax. The legislation also amends…