Taxes
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…
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…
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…
Build Back Better Act – Tax Provisions Impacting Individuals
The Build Back Better legislation is progressing towards a vote in the House in the near future. The legislation has…
Infrastructure Investment Jobs Act and Build Back Better Act: What’s in these Bills and the Impact on You and Your Business
At a glance: The Infrastructure Investment Jobs Act passed by Congress on November 5, 2021 has been sent to President…
Making a Pass-Through Entity Tax Election? Beware: Some Owners May Pay More Tax
By: Jeff Glickman, SALT Partner At a glance The main takeaway: Pass-through entities should use caution if considering a pass-through…
Illinois Provides Sales Tax Guidance for Try-Before-You-Buy Subscriptions
By: Tina M. Chunn, SALT Senior Manager At a glance The main takeaway: Subscription models such as “try before you…
Dissecting Maryland’s Sales Tax on Digital Products: Part 1-What is a Taxable Digital Product?
Earlier this year, the Maryland General Assembly overrode the Governor’s veto of House Bill 932 (The 21st Century Economy Fairness…
What Upcoming Tax Legislation Might Mean For You, Your Business, and Your Estate Plan
At a glance The main takeaway: House and Senate Democrats are debating and modifying President Joe Biden’s tax proposals with a…