Taxes
Maryland Digital Advertising Tax Struck Down in State Court
On October 17, 2022, a Maryland circuit court judge struck down Maryland’s tax on digital advertising services as being in…
The Inflation Reduction Act – What US Companies and Individual Taxpayers Need to Know
At a glance The main takeaway: On August 16, 2022, President Biden signed the Inflation Reduction Act into law. The $750…
Taxpayers – Act Fast if You Want to Benefit from the IRS COVID-Related Penalty Relief
At a glance The main takeaway: On August 24, 2022, the IRS announced it will waive failure to file penalties for…
IRS Expands Digital Asset Question on Draft Version of 2022 Form 1040
At a glance Main takeaway: For tax year 2022, the IRS seeks to expand Form 1040 reporting to require disclosure…
Multistate Law Firms Could Have a State Tax Nexus Filing Obligation: 3 Big Questions Answered
By: Julie Chesebro, CPA; Ella Corry, CPA At a glance The main takeaway: Whether your law firm has a multistate…
What Does D.C. Initiative 82 Mean For D.C. Restaurant Owners If Passed?
November 8, 2022 is General Election Day in the District of Columbia (D.C.) and D.C. residents have the opportunity to…
Bonus Depreciation Phase Out and What it Means for Your Business
At a glance Schedule a consultation with an Aprio Tax professional today The full story: Throughout the pandemic, Congress provided…
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,…
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…