Taxes

Tax Reform: Why the Right Business Structure Is Vital for Tech Startups

The business entity you choose when starting a new company is more important than ever before in the wake of…

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Illinois Provides Guidance on Computer Software Licensing Agreement Signature Requirement

Illinois’ state tax exemption for software licenses requires, among other things, that there be a signed written agreement between the…

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Iowa Supreme Court Ruled That Lowe’s Installation Services May Be Taxable

Failure to properly analyze how a service may be classified for sales tax purposes can lead to unexpected liability as…

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California Rules That Delivery of Goods in Taxpayer’s Trucks Satisfies P.L. 86-272 Nexus Protection

A federal law limiting income tax nexus allows companies to engage in certain solicitation activities in a state without having…

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Federal Government Shutdown Creates Tax Filing Uncertainty

The United States has been under a partial government shutdown since Dec. 22, 2018, and while the House of Representatives…

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How Time-Tracking and Data Analytics Can Help Drive Better Business Decisions

Law firms, accountants, consultants and other professional services businesses have long been accustomed to tracking employee time for billing and…

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QBI Deduction: The Impact of Proposed Regulations on Government Contractors

Recently, the U.S. Department of the Treasury and Internal Revenue Service (IRS) issued much-anticipated proposed regulations on the potential 20%…

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