Insights

Featured Insights

No results found.

All Insights

Opportunity zone investors should consider state and local tax credits

Opportunity zone investors should consider state and local tax credits

Companies may be able to realize additional tax savings through state tax credits and other incentive programs.
Owner Readiness for Business Succession

Owner Readiness for Business Succession

Owner readiness is crucial to successful business succession, but many struggle with this first step. Read more on planning goals.
Net operating losses: One size does not fit all

Net operating losses: One size does not fit all

Proper diligence when it comes to the state application of net operating losses can help maximize tax benefits and minimize errors.
Interplay between Sec. 174 and Sec. 41 for software development

Interplay between Sec. 174 and Sec. 41 for software development

When accounting for software development costs, various tax accounting methods interact uniquely with the R&D tax credit.
Equity compensation as a succession planning device

Equity compensation as a succession planning device

Equity compensation plans may alleviate concerns that closely held business owners have during transition planning.
Puerto Rico issues guidance for transfer pricing compliance

Puerto Rico issues guidance for transfer pricing compliance

The Puerto Rico Treasury issued guidance establishing new rules that would require a transfer pricing study to deduct cross-border expenses.
Being deemed essential doesn’t preclude ERTC eligibility

Being deemed essential doesn’t preclude ERTC eligibility

Construction firms forced to reduce or cancel operations by jurisdictional order may meet employee retention credit eligibility requirements.
Proposal: Fair value measurement of certain equity securities

Proposal: Fair value measurement of certain equity securities

A recent FASB proposal addresses the fair value measurement of equity securities subject to contractual sale restrictions.
Nexus, apportionment and tax base: A state tax compliance trifecta

Nexus, apportionment and tax base: A state tax compliance trifecta

The federal tax code is complex, but tax professionals may find managing 51 state-level taxing jurisdictions, a much more difficult task.
Why go looking for trouble?  Benefits of a proactive sales tax review

Why go looking for trouble? Benefits of a proactive sales tax review

Many business situations call for a thorough sales tax review to assess and resolve past overpayments and underpayments of sales and use tax
Navigating multistate unemployment tax reporting and remittance

Navigating multistate unemployment tax reporting and remittance

Businesses with multistate employees should understand the reporting and remittance nuances of a complex unemployment taxing regime.
Nine reasons your property tax assessment may not be correct

Nine reasons your property tax assessment may not be correct

Real estate and business personal property taxes, together, are one of the largest generators of state and local tax revenue.
The sales and use tax forecast: The cloud and a chance of confusion

The sales and use tax forecast: The cloud and a chance of confusion

The sales and use tax rules on cloud computing and digital goods are foggy at best. Four key steps can help you better see the road ahead.
3 tests, few answers: The not-so-simple world of worker classification

3 tests, few answers: The not-so-simple world of worker classification

Growing businesses need to add workers. As the popularity of independent contractors grows, so does scrutiny over employee classification.
Using partnership compensatory devices in succession planning

Using partnership compensatory devices in succession planning

The ownership structure and tax treatment of partnerships call for unique compensatory devices when designing a succession plan.