Last June, the Supreme Court of the United States (SCOTUS) extended the ability of state governments to collect sales and use taxes. In South Dakota v. Wayfair, an online vendor asked SCOTUS to review whether or not South Dakota could collect a sales tax on businesses...
Centralized Partnership Audit Regime: To elect or not to elect?
The Centralized Partnership Audit Regime (CPAR) is, essentially, a new take on how the Internal Revenue Service (IRS) would conduct an audit on a partnership. Lawmakers designed the process to make it easier for the agency to conduct audits on partnerships. This piece...
AG accuses New York camera store of tax evasion
Attorney General Letitia James (AG) recently accused famous New York camera shop, B&H, of failing to pay its fair share in taxes. The local camera specialty shop is fighting back, stating the AG is unfairly targeting their store. What was the basis for the tax...
