Posted Sep 30 2015 12:00 PM by
The New York State Department of Taxation and Finance (NY DOTF) issued a sales and use tax bulletin on the rules governing where the delivery of property or services occurs, as well as the resulting sales tax consequences. The bulletin discusses general delivery rules, delivery to a purchaser's designee, delivery by a common carrier and delivery as a gift at the purchaser's direction.
Posted Sep 29 2015 12:15 PM by
According to Managing Partner David Resnick, "Katz, Sapper & Miller's New York office has evolved quickly to become a substantial, metro-New York practice serving a noteworthy roster of clients. The addition of Corey Massella to our team as a partner in the New York City office ensures that our firm of 300 professionals is well-positioned for even greater East Coast expansion."
Posted Sep 28 2015 12:00 PM by
Josh Brown, a franchise and entrepreneur attorney at the Law Office of Josh F. Brown, LLC, joins us to discuss not only how financial performance can be improved by acting like a franchise, but also the process of franchising your restaurant.
Posted Sep 25 2015 12:59 PM by
Which came last: the chicken or the burrito? The Indiana Tax Court recently released its opinion in Aztec Partners, LLC v. Indiana Department of Revenue, which provided a restaurant industry-friendly interpretation of Indiana’s sales tax rules. As a result, restaurants may achieve cost savings by claiming a sales tax exemption on more of the utilities and equipment used in preparing food for customers.
Posted Sep 18 2015 1:06 PM by
Trucking companies that deliver to, and/or pick up from, locations outside of the U.S. must consider whether such activity results in tax obligations to the foreign jurisdiction. This article focuses on trucking operations to, and from points within, Canada.
Posted Aug 31 2015 12:00 PM by
Effective Jan. 1, 2015, Arizona has made drastic changes to the application of the transaction privilege tax (TPT) for contractors. As a result of these changes, contractors will have to make a determination of how they are classified for TPT purposes and apply the corresponding tax treatment.
Posted Aug 26 2015 5:12 PM by
There is a chasm left in the trucking industry by the mass retirement of baby boomers – one that is struggling to be filled by the millennial generation. While this void has been felt by the entire industry as one of the contributing factors to the ongoing driver shortage, it is not the only impact the changing generation has had on transportation companies. As operators pass the baton to the next generation, it is imperative this transition is executed in a tax-efficient manner that accomplishes the ultimate goals of the company.
Posted Aug 20 2015 12:00 PM by
ASU 2015-05 provides additional guidance on accounting for fees paid in a cloud-computing arrangement. The FASB determined there was no explicit guidance currently available under generally accepted accounting principles (GAAP) in the United States for these type of transactions, specifically related to an arrangement including a software license.
Posted Aug 19 2015 7:45 PM by
Katz, Sapper & Miller’s David Charles and Mark Bernstein, together with the law firm Anderson Kill, will discuss “Funding Hospital Expansion in a Consolidated Market” on Thursday, Oct. 1.
Posted Aug 17 2015 12:00 PM by
The fourth and final installment in our series, NFP Reporting Exposure Draft, Explained, focuses on various other changes being proposed related to the financial reporting for not-for-profit (NFP) organizations.