Tax News
Key Business Tax Provisions in “One Big Beautiful Bill”
As the Senate debates provisions passed by the House of Representatives, the One Big Beautiful Bill Act is expected to see some major changes. Track key business tax provisions here. By Lindsay Haskell and Lauren Staub On May 22, 2025, the House of Representatives...
Illinois vs. Everyone: Digital Goods, Legal Fights, and the Future of Tax Policy
This week we continue our conversation with Diane Yetter, President and Founder of Yetter Tax and the Sales Tax Institute. We unpack recent changes to Illinois tax law—specifically through the lens of the PetMeds case—and explore the broader impact of South Dakota’s use tax ruling. We also break down what these shifts mean for taxpayers and why it’s more important than ever to stay alert in the ever-changing world of state and local taxation.
From choosing the right software to understanding key decision factors like taxability content, geographic coverage, and platform compatibility, listen for practical insights for businesses navigating this complex space.
Opportunity Zones: Strategic Moves Before the 2026 Deadline
Make use of strategic investment timing to get the most out of the golden window of tax relief in opportunity zone investments. By Allen Gregory The 2017 Tax Cuts and Jobs Act (Public Law No. 115-97) introduced the Opportunity Zone program, encouraging investment in...
From Sales to Income Tax: States Are Watching
More than a dozen states have eliminated the 200-transaction threshold for economic nexus—what does that mean for small sellers?
In our latest episode, we’re joined by Diane Yetter, President & Founder of Yetter Tax and the Sales Tax Institute, to unpack these important changes. Diane shares why relying solely on transaction counts is no longer enough and what small businesses need to know to stay compliant across state lines.
We discuss the benefits of these reforms, ongoing challenges, and practical steps businesses can take in today’s shifting tax landscape.
US Congress Considers Two Viable Options to Reverse Section 174 Amortization
Jamie Overberg, partner at TaxOps Minimization, stepped into Representative Gabe Evans (R-Colorado) office in Washington, D.C., to speak to the freshman Congressman’s staff on March 10, 2025 on why now is the time to double down on efforts to repeal Section 174...
PL 86-272: The “Big Bill” That Could Change Internet-Based Solicitation
Buried on page 115 of the latest omnibus bill is a potential game-changer: a provision redefining “solicitation” under Public Law 86-272 to include internet-based activities. By Stacey Roberts and Meredith Smith On page 115 of 116 of the One, Big, Beautiful Bill,...
R&D Credit and Section 174 (CPE)
Join Mark Dunning for a half-day course where you'll learn how to define qualified research, identify the details of credit calculations, and discover the best practices for supporting documentation. The course will explore the §174 capitalization requirements and...
EU VAT Reforms Mean US Multinationals Should Finetune Compliance
TerraVAT’s Florian Hanslik and TaxOps’ Stacey Roberts say that evolving VAT rules and mandatory e-invoicing will pressure US companies operating abroad to get their VAT administration in order. By Florian Hanslik and Stacey Roberts Originally published Bloomberg Tax...
Wild World of Sales Tax: Get Organized Before Automating
Sales tax automation can be a game-changer—but only if your business is ready for it. As Judy Vorndran of TaxOps points out, automation streamlines compliance and frees up your team, but it requires thoughtful planning and ongoing oversight. By Judy Vorndran Sales and...