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The pre-Black Friday outlook on ecommerce

TaxConnex

billion by 2028. Online retailers (71%) are among consumers’ top locations to shop due to price and convenience. Black Friday sales are projected to reach $10 billion this year and $12.3

Sales 147
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What's new in state sales and use taxes

TaxConnex

The state extended its sales and use tax exemption for coal and aggregate exploration, mining, off-highway hauling, processing, maintenance and reclamation equipment to July 1, 2028. Georgia has amended the exemption from sales and use tax on the sale or lease of computer equipment to be used by qualifying Georgia high-tech companies.

Sales 246
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Major Changes Affecting Nonprofits and Other Tax-Exempt Organizations Proposed in the One, Big, Beautiful Tax Bill

Withum

Charitable Giving Modifications Standard Deduction Extension Section 110002 permanently extends the higher standard deduction (currently $15,000 single / $30,000 joint for 2025) and temporarily increases it by an additional $1,000 ($2,000 for joint filers) through 2028.

Tax 64
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What’s new: state sales and use taxes

TaxConnex

The exemption, covering all common forms of bullion, now runs until 2028. has become the second state this year to expand its sales tax exemption involving gold and silver. Connecticut has ruled that online learning plans were not taxable digital goods.

Sales 242
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Report Predicts AI will Have a Transformational Impact on Professional Work by 2028

CPA Practice

A survey of more than 1,200 individuals working internationally shares the predicted impact that generative AI will have on the future of professional work. The survey showed 67% of respondents believe AI will have a transformational or high impact on their profession in the next five years.

Legal 98
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Kirk Holderbaum Named 2025 ICON by NJBIZ

Withum

His leadership on Withums Board of Directors and the Firms strategic Vision 2028 committee has positively impacted the Firms evolution and team member growth and development. With over 30 years of experience in business advisory and public accounting, Kirk has been a driving force behind Withum’s growth and success.

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State Tax Credits in Alabama and Mississippi: New and Expanded Investment Opportunities

Cherry Bekaert

HB 241 extends the sunset date for the AJA from July 31, 2023, to July 31, 2028, and increases the annual funding cap by $25 million each year from $375 million in 2023 to $475 million in 2027. HB 241 also has favorable impacts on the Growing Alabama Act (GAA) by extending the sunset date for the GAA to July 31, 2028.