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Florida adopts Wayfair threshold for remote sellers
Tax bill adopts economic sales tax nexus and marketplace facilitator nexus; makes other administrative tax changes.
FinCEN releases COVID-19 advisory on health care and insurance fraud
Law enforcement and financial institutions have detected numerous instances of potential frauds related to health care benefit programs.
S&P 500 poised for strong first-quarter earnings; will it be enough?
S&P 500 corporations are poised for their largest year-over-year increase in quarterly earnings in a decade. Read more.
Sun setting of LIBOR and the heartburn it’s causing
Obstacles faced by credit unions in transitioning non-LIBOR indexes while the CFPB is still in the process of implementing new rules.
SBA releases draft application and program guide for restaurant fund
SBA releases draft application as well as a program guide for the Restaurant Revitalization Fund. Potential applications should review.
Digital transformation: The board’s view
An infographic overview of the opportunities and challenges boards are discussing.
Restaurant Revitalization Fund is coming – an update on what we know
The Restaurant Revitalization Fund is coming – SBA website soon to be operational – applicants should be ready.
Detecting and preventing fraud for PPP loans
With the extension of the PPP application, lenders should continue to be vigilant about the increased risk of fraud.
Real estate fund operations and advisory
By investing in back-end technologies, real estate funds can drive higher returns for investors, and evaluate deals faster than competitors.
West Virginia enacts market sourcing and single-sales factor
In addition to market sourcing and single-sales factor apportionment, the state adopts a withholding threshold for certain mobile workers.
Extended penalty relief for failure to deposit employment taxes
IRS Issued Notice 2021-24 to extend relief for failure to deposit employment taxes for employers anticipating credits.
Retirement Report: Second Quarter 2021
In this issue, we discuss updates to regulations that may affect you and your retirement plan. Learn more now.
New York to increase income tax rates; enact SALT workaround
Budget bill increases personal and corporate tax rates, enacts a SALT deduction workaround and makes other changes to the tax code.
PCAOB staff outlook for 2021 inspections
The PCAOB staff recently issued an overview of its planned inspection focus areas and an accompanying audit committee resource.
Virginia unitary businesses must submit informational report by July 1
Findings will be used by the legislature to determine whether Virginia should adopt mandatory unitary combined filing.