by TaxOps | Sep 1, 2020 | Federal Tax, State and Local, Tax News
Corporate, flow-through, and personal income taxpayers may be affected by changes to NOLs and credit limitations in California, specifically to cash flow and, for corporations, accounting for income taxes (ASC 740). By Davinia Lyon and Judy Vorndran In a mandate sure...
by TaxOps | Dec 11, 2019 | State and Local, Tax News
By Judy Vorndran Assessing sales and state income tax liabilities since Wayfair has gotten a whole lot more difficult. All but two states (Missouri and Florida) assess sales tax, and the District of Columbia, have expanded their sales tax nexus requirements on...
by TaxOps | Jul 25, 2019 | State and Local, Tax News
By Judy Vorndran California is lightening up on some marketplace sellers by limiting the lookback period that creates sales tax exposure. The new rule (Special Notice L-681) grants a qualifying out of state retailer (marketplace seller) reduced liability for certain...
Recent Comments