Tax News
Untangling the State Tax Complexities of Cannabis
Join State and Local Tax experts Alexander Korzhen and Stacey Roberts as they discuss the state tax complexities of the cannabis industry, sponsored by the National Association of Cannabis Accounting & Tax Professionals (NACAT). During this NACAT members-only...
Take Control of Your Work-Life Balance at TaxOps
We help people think differently and collaboratively, execute efficiently and live better through a supportive, flexible and challenging--in all the right ways--work experience. Come join our team! We are great people doing great work in a fun, supportive environment...
Will Congress Support U.S. Innovation by Reversing R&D Amortization in 2022?
Beginning in 2022, the federal research tax credit must be amortized. Some lawmakers are pushing back with bills to reverse course before amortization starts. By Jamie Overberg For over 60 years, businesses in the United States have been able to immediately deduct...
Guide to Colorado’s Sales and Use Tax System (SUTS)
Every business selling into Colorado is impacted by the statewide Sales and Use Tax System (SUTS). Learn how best to proceed with SUTS and avoid the landmines of registering late. Although using SUTS is voluntary for business taxpayers today, the state of Colorado...
Massachusetts High Court Approves Sales Tax Apportionment for Software
In a significant win for taxpayers, the Massachusetts Supreme Judicial Court affirmed a ruling in favor of Microsoft and Oracle, holding that the companies may apportion sales tax on software purchased for use in multiple states. By Alexander Korzhen In a significant...
Biden Administration Proposes Aggressive Tax Increases
Aggressive tax increases targeting large corporations and high-income individuals are now officially on the proposal table with the U.S. Treasury’s release of its Green Book and President Biden’s FY 2022 Budget. By Davinia Lyon The Biden Administration has proposed...
New to Online Marketplace Sales?
A beginner's primer on nexus and sales tax in online marketplaces. By Judy Vorndran and Stacey Roberts So, you’re using FBA (Fulfillment by Amazon) to start your own online business selling a mug sourced from South Korea with a custom design imprint that you curated....
Addressing SUTS Concerns for Late Taxpayers
Volunteering now to register for Colorado's sales and use tax system (SUTS) will not give companies doing business in the state before the license date a free pass. By Judy Vorndran and Meredith Smith Taxpayer registration issues with the Colorado Sales and Use Tax...
TaxOps Sponsors Colorado-Grassroots Work of FRCA
TaxOps is a proud Platinum sponsor of the Family Resource Center Association and Colorado’s 32 Family Resource Centers, which work on the front-lines with hard hit families and communities across Colorado, helping those in crisis become strong and self-reliant....