Posts by Aprio Publisher
Aprio Global Mobility Service Brochure
Competitive Advantage: How Sustainability Gives You the Edge in Government BiddingCompetitive Advantage:
Webinar: Competitive Advantage How Sustainability Gives You the Edge in Government Bidding
State and Local Tax News February 2024
Virginia Updates Pass-through Entity Tax Guidelines
By: Michael Colavito, SALT Director At a glance Schedule a free consultation today to learn more! The full story: On January 4, 2024, after an extensive public comment period, the Virginia Department of Taxation (the Department) finally released its updated Guidelines for the Pass-through Entity Tax (PTET Guidelines). The PTET Guidelines were initially released in draft form…
Read MoreWashington Ruled that a Subsidiary’s Sales to its Parent Were Subject to Washington B&O Tax
By: Jess Johannesen, SALT Director At a glance Schedule a free consultation today to learn more! The full story: Washington’s Administrative Review and Hearings Division (ARHD) recently held that a national retailer’s sales activities on behalf of its subsidiary created Business & Occupation (B&O) tax nexus for the subsidiary.1 As a result, the subsidiary’s sales to…
Read MoreTennessee Explains How Eligibility for Sales Tax Exemption May Depend on Entity Classification
By: Jeff Glickman, SALT Partner At a glance Schedule a free consultation today to learn more! The full story: For federal income tax purposes, certain entities (most notably, limited liability companies (LLC)), may either choose to keep their default classification or elect an alternative classification.1 For example, a single member LLC (SMLLC) is treated as a…
Read MorePennsylvania Issues Corporate Income Tax Guidance on Sourcing of Sales from Intangibles
By: Betsy Goldstein, SALT Senior Manager At a glance Schedule a free consultation today to learn more! The full story: State apportionment can be very complicated, especially if you are generating business revenues from intangibles or other specialized revenue streams. Sometimes, state guidance is limited or just not very helpful. In 2022, Pennsylvania enacted Act. No.…
Read MoreThe Pulse on the Economy and Capital Markets: February 19 – 23, 2023
To Summarize: The U.S. technology giants, also known as the “Magnificent 7,” are driving stock market returns despite higher-than-expected inflation. Rising interest rates are impacting consumer spending, particularly on appliances and automotive purchases. Corporations are accelerating AI spending, yet IT budgets are not being negatively impacted. We unpack this and more in the February edition of…
Read MoreNot for Profit Accounting Made Easy: 5 Ways to Make Your AP Seamless
Got questions? Connect with an experienced Aprio advisor today.Schedule a Consultation
Read More