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Learn about the key provisions of GASB Statement No. 85, Omnibus 2017, and their impact on government accounting and financial reporting requirements.

Alert
Under President Trump’s tax reform, the Tax Cuts and Jobs Act changes how companies can claim R&D credits. Our Alert has details.

Alert
In May 2019, Texas enacted two laws requiring marketplace providers to collect and remit sellers use tax on remote sales.

Alert
The IRS’s final controlled foreign corporation ownership attribution rules may significantly impact US taxpayers who own stock in CFCs.

Alert
In June and July of 2019, key final regulations were passed that have impacts for insurance companies. Learn more in our Alert.

Article
As your tribe prepares its 2020 tax needs, the General Welfare Benefits Exclusion Act of 2014 can help provide non-taxable distributions to your tribal members.

Alert
Learn how the proposal could improve reporting consistency of fiduciary component units and enhance financial reporting requirements for deferred compensation plans.

Alert
Learn more about financial relief efforts for the health care sector due to COVID-19 disruption, deadlines, and other considerations.

Alert
Final GILTI high-tax exclusion regulations could allow US shareholders to exclude controlled foreign corporation (CFC) income. Learn more details.

Alert
The Treasury and the IRS issued final regulations for FDII with an intention to provide more time and flexibility to meet requirements. Learn details.

Alert
Taxpayers affected by Oregon wildfires have until January 15, 2021, to file individual and business tax returns and make certain tax payments.

Alert
Learn how the new guidance from the GASB could improve reporting consistency of fiduciary component units and deferred compensation plans.

Article
Even though not-for-profits are exempt from income tax, sales and use tax may still apply in California. Learn more.

Article
Qualified machinery and equipment placed in service during 2019 may be eligible for a five-year property tax exemption. Learn application details and deadlines.

Alert
Learn key telemedicine training requirements, who’s exempt, and how health care providers can access publicly available trainings before June 2021.

Alert
Some vendors are now required to collect a new retail delivery fee for every transaction made and delivered in Colorado effective July 1, 2022.

Alert
Learn about the new tax credit for semiconductor manufacturing property, what counts as qualified property, and which companies are eligible.

Alert
The Department of Revenue adopted a multi-step allocation method for taxpayers deducting member fees and dues from the B&O tax.

Article
Washington and Pennsylvania are the first states to issue guidance on charging sales tax on non-fungible tokens (NFT).

Alert
The Washington Supreme Court stayed a lower court ruling on the state Capital Gains Tax (CGT), leaving the filing and payment deadline unchanged. Learn more.

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