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What's new in state sales and use taxes

TaxConnex

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. The bill also extends the sunset date of the sales tax exemption for the purchase of high-technology data center equipment to Dec.

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Reuters, KPMG Team For Aussie Business Taxes

PYMNTS

She added KPMG is looking forward to using “our hard-earned know-how from the preparation of large-scale FBT returns” and tax technical chops “to catapult ONESOURCE … into a future driven by data, analytics and automation.”. The ONESOURCE FBT software automates the tax calculations necessary to file an FBT return. “As

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How can accountants and businesses prepare for a digital economy?

Accounting Insight

Nevertheless, considering the impact of technology on how we conduct business and engage with the world, digital transformation will be indispensable to facilitate tax and Budget adjustments. Notably, alterations to the tax relief on research and development (R&D) were a crucial element of the Budget.

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Year-End State and Local Tax Planning Perspective

Withum

The Wayfair case validated economic nexus for sales tax purposes and amplified economic nexus for income tax purposes, signaling to all states that economic nexus is sound law. Economic nexus presents risk and opportunity for service providers. It has significant tax in any respective out-of-state jurisdiction.

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Professionals on the Move – March 2023

CPA Practice

Perfetto comes to FORVIS with more than a decade of experience with a large international firm, focused primarily on the tech and life sciences industries. Beyond his work in the technology sector, Perfetto has experience in the life sciences, consumer products, and industrial products industries.

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Friday Footnotes: Working Late; The Year of the ESOP?; It’s Not Layoffs, It’s “Repositioning” | 1.5.24

Going Concern

Big 4 Big Four Reshape Consulting Workforce, Strategy With Rare Layoffs [ Bloomberg Tax ] The Big Four accounting firms have leaned into their tech advisory work and data analytics services—areas ripe for revenue growth—as interest rates and the artificial intelligence boom reshaped demand for consulting services.

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Nexus FAQs

Withum

The remaining five states do not impose a sales tax. To get started, you will need the following: Where the company currently files income tax, payroll tax, unclaimed property, and sales tax. Where your company has employees, sales representatives, or solicitors of sales and services. Who needs it?