Online Business Activity? New York State Is Preparing to Lose Protection on PL 86-272

Jeanna Schenk, CPA | May 10, 2022

New York has issued a draft rule that undoes certain income tax protections previously allowed for out-of-state retailers. With it, the state would become the second to conform to guidance from the MTC. Read more»

California SB 113 Eliminates Suspensions on NOL Deductions

Jeanna Schenk, CPA | May 5, 2022

SB 113 includes California tax law changes, including reinstatement of business tax credits and net operating loss deductions limited by Assembly Bill 85, as well the expansion of the pass-through entity (PTE) tax. Read more»

Navigating Washington State’s New Heavy Equipment Rental Tax

Americo Rodriguez, MST | April 27, 2022

Effective January 1, 2022 Washington has enacted a Heavy Equipment Rental Tax. The tax is paid by the customer to the dealer on the rental of heavy equipment rental property. Read more»

Florida Budget Includes Multiple Sales Tax Impacts

Americo Rodriguez, MST | April 25, 2022

Florida's legislature ended its session in March by sending Governor DeSantis a budget that includes multiple sales tax impacts. Businesses registered to collect sales tax in Florida should make note of these holidays and exemptions. Read more»

House Bill 22-1039 Will Simplify Sales and Use Tax Exemption in Colorado

Americo Rodriguez, MST | April 18, 2022

On March 30, Governor Jared Polis signed House Bill 22-1039, a law that will simplify sales and use tax exemption forms and requirements in the state of Colorado. Learn more»

California FTB Provides Guidance on Sourcing Service Revenues with Legal Ruling 2022-01

Jeanna Schenk, CPA | April 14, 2022

In Legal Ruling 2022-01, the California Franchise Tax Board put forth a new analysis needed to assign service gross receipts to businesses under market-based sourcing rules. Read more»

Texas Supreme Court Ruling Sirius XM and Apportionment

George W. Rendziperis, JD | April 4, 2022

The Texas Supreme Court issued its ruling in regards to Sirius XM and the method of apportioning receipts from services to Texas. Read more»

Taxability of SaaS: Are States Keeping Up With the Way We Do Business?

George W. Rendziperis, JD | March 31, 2022

As businesses continue to develop new ways to serve customers, State laws have had trouble keeping up with the taxability of Software as a Service (SaaS). Read more»

Sales and Use Tax Burdens in a Post-Wayfair Environment

Luis Giron | March 31, 2022

From changes in consumer behavior with the pandemic and evolving state government response, how a business plans to meet these challenges is important. Here are a few noted trends that will impact sales tax in the year to come and beyond. Read more»

State PTE (Pass-Through Entity) Election: the SALT Cap Workaround

George W. Rendziperis, JD | March 31, 2022

Many states have been following the trend of passing PTE (pass-through entity) election laws in the wake of the enacted SALT cap for individual itemized deductions. Learn more»