State Tax Authorities Issue Special Coronavirus Provisions

Several state tax authorities have announced various relief provisions for businesses and individuals impacted by the Coronavirus.  In many cases, the provisions are an emphasis of relief provisions already available such as extensions to file

Businesses Serving Washington, D.C. Hit with Baseball Fee

Washington, D.C. officials helped bring baseball back to the nation’s capital in 2008 by establishing a Baseball Fee. Initially, only businesses with a physical connection to the district had to pay the fee. However, businesses now have to pay it if revenues from services were delivered to customers located there, regardless of where the service was actually performed.

2019-06-06T18:53:02-04:00June 6, 2019|Categories: Tax: Business|Tags: |

IRS Regulation May Impact Donations for Certain Charities

For many years, states provided incentives for taxpayers to contribute to certain charitable organizations or state sponsored activities by giving a generous credit against state [...]

Supreme Court Ruling Fundamentally Alters Sales Tax

The U.S. Supreme Court has fundamentally altered Wayfair, Inc., and other online retailers’ ability to offer items at a lower cost than their brick and mortar counterparts. States can now require online retailers to collect sales tax from every customer no matter if they have a physical location in the shopper’s state, leaving online consumers to pay more for the items they buy.

2018-08-17T15:00:49-04:00June 28, 2018|Categories: Tax: Business, Tax: State & Local|Tags: , , |

Why You Should Care About Virginia’s Conformity Date Change

Changes to tax law typically impact future returns, but the most recent one issued by the Virginia Department of Taxation will have some Virginians amending their 2017 state tax returns, too.

Changes to Virginia Sales Tax Effective as of July 1, 2017

Each year the Virginia Legislature passes changes to the Virginia Tax Code that impacts residents and those doing business in Virginia. While many of the [...]

Watch Your SALT!

While technology has made it much easier to provide services to customers all over the country or the world, it is also easy for business owners to find themselves in a tax quagmire.  SALT in tax circles refers to State and Local Taxation and includes all taxes legislated and administered by state and local tax authorities including income, franchise, sales and use, property, real estate, payroll, business licenses, among others. 

2019-07-01T13:46:15-04:00December 12, 2016|Categories: Accounting, Tax: Business|Tags: , |