by Controllers Council | Apr 28, 2021 | Tax
When you think complexities in taxes, which areas come to mind? Corporate taxes—ranging from AMT to payroll—are probably atop the list. For ecommerce companies, the answer is sales tax in the wake of Wayfair. But how about use tax? Often overlooked, this usually goes...
by Controllers Council | Apr 18, 2021 | Audit, Tax
Growing companies face a lot of challenges—but one of the biggest ones? Compliance. From new rules on the federal level to nuances on the state level, complying with rules on how to run your business and pay taxes can become a challenge. One of our newest sponsors,...
by Controllers Council | Apr 16, 2021 | Tax
After the past year of remote work, some companies are looking to enshrine this in their policies for good. If you’re considering this, it may pay to understand the nuances of state tax code—as many are looking to collect on remote work and others might become tax...
by Controllers Council | Dec 28, 2020 | Audit, Tax
From the increasing complexity of the tax code to the dangers that you expose yourself to in the event something goes wrong, tax planning represents a significant cost and a challenge for both companies and individuals. Worse yet, all this happens before you have to...
by Controllers Council | Dec 14, 2020 | Audit, Tax
It’s rare to see the IRS announce something that benefits taxpayers, but it’s 2020—weirder things have happened. In a recent notice, Notice 2020-75, the IRS announced an important lifeline for partnerships and S-corps allowing these entities to deduct state and local...