Taxes

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June 24, 2021 

Cannabis Accounting: What Your Clients Need to Know

Because so many new cannabis business owners have lots of questions I've pulled together the common ones I hear so you can help prospective clients understand the ways accounting professionals can support their businesses.

Covid Taxes IRS

June 22, 2021 

Most States to Treat PPP Loan Forgiveness as Nontaxable Income

Twenty-nine state tax departments responded they will follow the federal treatment of such forgiveness or cancellation under section 1160(i) of the CARES Act and will not treat these amounts as taxable income. An executive summary of the survey, which ...

Small Business Coronavirus 2

June 18, 2021 

Third Anniversary of Wayfair Marked by Pandemic

It’s been three years since the Supreme Court of the United States issued the game-changing decision on South Dakota v. Wayfair, Inc. Businesses are still learning how to manage the aftereffects of this groundbreaking event, even as they navigate the ...

tax_planning_1_.57bce95f256b3

June 8, 2021 

Estimated Income Tax Payments Due by June 15

The Internal Revenue Service reminds taxpayers who pay estimated taxes that they have until June 15 to pay their estimated tax payment for the second quarter of tax year 2021 without penalty.

vertex

June 7, 2021 

Vertex Strengthens Partnership with Alfa for Indirect Tax Compliance

Vertex, Inc., a provider of tax technology solutions, announced a new integration of its Vertex Lease Tax O Series with Alfa Start. Alfa Start, built exclusively for auto leasing operations of all sizes, is the preconfigured edition of the cloud-based Alfa Systems, the market leader in asset finance software worldwide. This extends Vertex’s partnership with Alfa,...…

Coronavirus Checks Payments Stimulus

May 27, 2021 

IRS Sends Out 1.8 Million More Covid Stimulus Payments

The announcement covers the most recent two weeks of the effort brings the total disbursed so far to nearly 167 million payments. They represent a total value of approximately $391 billion since these payments began rolling out to Americans in batches ...

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