Tax News
Tram Le to Present Sales Tax Updates April 29
Join Tram Le, CPA and J.D. at TaxOps, for an update on sales/use tax economic nexus laws and remote seller developments impacting businesses operating in a multi-state environment for the Texas Society of CPAs Fort Worth. April 29, 2021 | 12:00 pm - 1:00 pm...
Illinois’ Leveling the Playing Field Act: Quirky, and Weird
Some big remote seller changes happened in Illinois as of January 2, 2021. While details emerge, we want to share some of the strange oddities coming to light. By Meredith Smith and Alexander Korzhen Some big remote seller changes are happening in Illinois that impact...
TaxOps Speaking on U.S. State and Local Tax For Foreign Companies
Judy Vorndran is a keynote speaker on "U.S. State and Local Tax Implications for Foreign Companies" at this year's Think Global Conference, hosted by the International Trade Council. The Think Global Conference is the world's largest event for those who sell a product...
ASC 740: A Closer Look at Accounting for Income Taxes
By Davinia Lyon Accounting for income taxes is detail-oriented, complex and time-consuming for public companies (and those looking to go public) as well as for companies without an internal tax department. Learn what you need to know, the benefits of getting it right,...
A Conversation About Illinois’ New Leveling the Playing Field Act
The Leveling the Playing Field for Illinois Retail Act went into effect this year. That means new changes that will impact remote sellers. Listen in as Meredith Smith, CPA, and Alex Korzhen, Esq., from the SALTovation team at TaxOps, discuss questions they’ve received...
Federal Tax Day for Individuals Shifts to May 17
The extended federal due date provides timing and payment relief to individuals. Payment of the 2020 tax-due balance is May 17. This extension does not apply to 2021 estimated tax payments, which are required by April 15, 2021. The IRS announced that the federal...
Bad Exemption Certificates and How to Work Your Way Out
By Judy Vorndran, originally published in the Journal of State Taxation When it comes to exemption certificates, the law often sides with the tax authority or auditor over taxpayers. Simply put, if a vendor does not collect the tax on a transaction—any transaction—the...
Sales and Use Tax Implications of Business Acquisitions (CPE)
Get "sales tax" prepared for your next business combination. Join Joe Geiger, Consulting Tax Manager at Vertex, Judy Vorndran, partner at TaxOps, and Stacey Roberts, Director at TaxOps, in CPE exploring the tax implications of sales and use tax on business...
SUTS in Colorado Continues to Build
The Sales and Use Tax System (SUTS) continued to welcome new cities to the rolls through the early days of March 2021. This brings the total number of home rule cities that have signed onto SUTS to 48 municipalities. Two additional home rules have started the process...