This item examines the most common sales-and-use-tax problems and the preventive measures companies can take to avoid these issues or handle them in an audit.
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State & Local Tax (SALT)
State tax considerations for foreign companies with inbound U.S. investments
Non-U.S. taxpayers generally are surprised by the degree of complexity involved in complying with U.S. state and local taxes.
Small Iowa corporation successfully challenges California’s $800 franchise tax
A state’s franchise taxes can result in increased compliance costs in addition to the burden of the taxes themselves.
The canned software conundrum: Inconsistent state corporate income tax treatment
This item discusses the interplay between Public Law 86-272 (15 U.S.C. §§381–384) and the federal
treatment of computer software, as well as two states’ approaches to the corporate income tax treatment of canned software.
Soda taxes: Old and new
This item looks at how soda taxes have changed over the years and puts the newest batch of taxes in perspective.
A pragmatic approach to sourcing sales of services
This column shares a few thoughts on sales sourcing methodology for readers who are not state tax geeks.
Infrastructure spending and excise tax: It’s about to get a lot more complicated
This article discusses how excise tax changes may affect your business and what you can do to ensure tax compliance and avoid potential penalties.
Dealing with state tax issues? It comes down to domicile
Most states that have a personal income tax have a function whereby the taxpayer can file as a full-year resident, a partial-year resident, or a nonresident.
Potential state tax consequences of the final and temporary Sec. 385 regs.
This item offers an overview of certain provisions in the regulations that could have state corporate income
tax consequences.
North Carolina’s nonconformity to federal bonus depreciation: Mechanics and planning opportunities
Noncorporate taxpayers have the ability to determine how unused future bonus depreciation
deductions are used when transferring assets in a nonrecognition or “basis carryover” event.
State Challenges With the New Federal Partnership Audit Rules
The AICPA Task Force is developing a position paper with possible approaches that state CPA societies may want to consider in working with state
legislatures and tax authorities in developing compliance policies.
Are You Ready for the Nevada Commerce Tax?
Nevada, once viewed as a “tax-friendly” state, implemented a $1.5 billion tax plan to fund its education system.
Driver’s license information now required on some state e-filed returns
Tax return preparers are discovering that some state income tax returns for 2016 require information from a taxpayer’s driver’s license or state-issued identification card information before the returns can be e-filed.
Decision Striking Down Delaware’s Estimation Method for Auditing Unclaimed Property to Stand as Parties Settle
Delaware and the unclaimed property holder filed a joint motion to dismiss the case with prejudice, after reaching a settlement agreement.
Unclaimed Property: Update From the Front Line
Many states continue to turn to their abandoned and unclaimed property (AUP) laws to drum up additional funds.
Managing Sales and Use Tax Risk Through a Policy and Procedure Review
This column discusses key aspects of a policy and procedures review from the perspective of an outside adviser.
State and Local Tax Considerations for Inbound Foreign Entities
Foreign entities not engaged in a U.S. trade or business, not deemed to have a permanent establishment, or that have claimed a federal treaty exemption may still be subject to state and local income taxes.
Why Submit Electronic Sales Tax Payments via ACH Credit?
This article offers advice on how to choose between ACH credit electronic payment and ACH debit electronic payment.
Rethinking Scope of Delivery Under P.L. 86-272
Many states have narrowed the definition of “delivery” under Interstate Income Tax Act, P.L. 86-272 either through regulations or rulings.
Election Day 2016: Voters to Decide Key Business Tax Matters
This column discusses pending initiatives that could seriously affect state tax business climates.
PRACTICE MANAGEMENT
2026 tax software survey
CPAs rate their return preparation software’s performance during this year’s tax season.
