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“Nexus” is a Latin term that means connection and is key to understanding state and local tax obligations for businesses.…

Jenna SanfilippoSeptember 9, 2025

Public Law 86-272 (P.L. 86-272), a 1959 law, was passed to protect interstate businesses from unnecessary state income tax. The…

Tim TorresAugust 6, 2025

On July 4, 2025, the President signed into law the “One, Big, Beautiful Bill,” a comprehensive tax reform that introduced…

It has been exactly five years since New Jersey last reevaluated its strategy for encouraging investment in its Emerging Technology…

Tim TorresJuly 16, 2025

After initially surfacing in Senate amendments to the “One, Big, Beautiful Bill” (OBBB), the proposed expansion of the Qualified Small…

In a prior article, we discussed the basics of transfer pricing (The Basics of Transfer Pricing). The focus of this…

The Credit for Increasing Research Activities under Internal Revenue Code Section 41 is a Federal tax credit that, in most…

The IRS recently updated its guidance regarding the Employee Retention Credit’s (ERC) effect on taxable income. The IRS has consistently…

On the afternoon of Friday, March 21st, the following announcement was posted on the FinCEN website. Click here to read…

Bill McDevittMarch 24, 2025

In the past, we have written about the basics of chargebacks (Deduction Rules for Accrued Liabilities: Chargebacks Edition), a significant…