The IRS continues to implement the international tax changes from the Tax Cuts and Jobs Act, and this latest update affects pass-through entities. Starting with the 2021 tax year, S…
The Impact of Economic Nexus on Income/Franchise Taxes in a Post-Wayfair World
Nexus has been the buzzword for state and local tax since the 2018 U.S. Supreme Court decision in South Dakota v. Wayfair. That case ruled that economic nexus based on…
Pennsylvania Sales and Use Tax for Construction Contractors and Their Customers
Whether or not you are a construction contractor, the sales and use tax rules regarding this industry affect you. Many non-contractor businesses are surprised to learn during a state tax…
Sales and Use Tax Issues for Software as a Service
Software as a service (SaaS) is an increasingly popular technology for businesses and individuals; however, when it comes to taxation of its sale and use, things are still a bit…
The House Ways and Means Committee Takes a Stab at GILTI
In theory, the Global Intangible Low-Taxed Income policy, known as GILTI, was expected to prevent companies from moving intangibles offshore into low-tax jurisdictions in order to take advantage of favorable…
