Tag: state and local tax
IRS Rules on Federal PPP Expense Deductions; State Tax Questions Remain
The IRS issued a ruling allowing federal tax deductions for PPP expenses, but questions remain…
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Sales and Use Tax & Value Added Tax Pitfalls for e-Commerce Businesses
When selling online to customers within the U.S. and internationally, e-commerce businesses should consider several…
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IRS Clarifies That SALT Deduction Cap Does Not Apply to Pass-Through Entities
The IRS announced state and local income taxes will be deductible at the pass-through entity…
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Navigating State and Local Tax Relief During The Pandemic
As businesses continue to assess the myriad implications of the COVID-19 pandemic, one area of…
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Year-End Payroll Tax Withholding Exposure & Impact from Remote Employees
As year-end approaches, and many employees continue to work remotely, companies should again assess their…
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State Legislative & Administrative Reactions to the CARES Act
Some CARES Act provisions that states have decoupled from include the increased business interest expense…
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Teleworking Employees and the Resulting SALT Effects
Three important state and local tax (SALT) effects that could result from teleworking employees, including…
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New York Becomes First State to Decouple from Key Business Tax Provisions of the CARES Act
New York became the first state to decouple from particular features of the CARES Act…
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The SALT Implications of the CARES Act
The CARES Act modifications will present a new round of state and federal conformity challenges…
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Massachusetts Postpones Collection of Business Sales & Other Taxes
Massachusetts Governor Charlie Baker's administration announced it was postponing the collection of regular sales tax,…
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