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The Wayfair Decision Impacts More Than Sales Tax

The ripple effect of the landmark Wayfair decision (“South Dakota vs. Wayfair”) continues to confound CFO’s, accountants, and financial analysts throughout the US. In Part One of our series on the evolution of multi-state tax

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Year-End Tax Planning for Calendar Year 2021

Executive Summary Year-end tax planning not only provides an estimate of your 2021 tax liability, it can also reveal opportunities to lower your overall tax liabilities!  For cash basis taxpayers, defer income and accelerate expenses,

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Add SOC Reports to your Due Diligence Checklist

For any investor evaluating a company’s viability, CEO considering expansion, or business leader trying to demonstrate transparency, the Systems and Operational Control (SOC ) report is an often overlooked tool to assess the health and

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Put a Valuation Expert on Your Tax Planning Team

In this rapidly changing economic climate, business owners, family offices, and high net worth individuals are bracing for seismic reforms in the US tax code and a stricter regulatory environment. Concerns over President Biden’s tax

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A New Phase in Residency Audits

New Florida residents or others considering a move to the Sunshine State (or other states with no personal income tax) from New York should not be surprised to learn that the New York Department of

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Individual Tax Deadline Extensions

Many states are extending individual tax due dates to conform with federal due dates. Download our helpful chart to help you keep track! Specific state rules are updating frequently and tax filing decisions should be

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Year-end tax planning on laptop

Tax & Accounting Guidance for PPP Loans

The US government’s response to COVID -19 included massive stimulus funding along with cumbersome and rushed guidance that confused even the most conscientious business owner. With another round of stimulus on the table, businesses that

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Trust but Verify Your 401K Benefit Plan

In today’s increasingly-virtual world, businesses that offer employee benefit plans regulated by The Employee Retirement Income Security Act of 1974 (ERISA) must have updated policies and procedures for electronic handling and transfer of private and

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2020 taxes: More changes and opportunities

As individual income tax preparation kicks off, new laws are causing confusion and adding complexity — all while trying to provide economic relief. Economic Impact Payments (known as stimulus checks) received in 2020 and/or 2021

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