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State & Local Tax

State & Local Tax Insights

April 03, 2024 Maddie MacStudy

The Importance of State Tax Planning and Compliance for Startups

The early years of a startup are challenging as you navigate financing, hiring, development and managing operations. If state tax considerations are one of the last things on your business’ to-do list, you’re not alone. With the finite resources that come with starting a company from...

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March 25, 2024 Hannah Prengler, Jon O'Donnell, Karen Raghanti, Marissa Holman

Multi-State Income Tax Update for Businesses

It’s always important for companies to keep abreast of the revolving door of changes to state and local tax compliance. It’s critical not only to ensure they are keeping up and avoiding penalties, but also looking for any potential opportunities.  Our recent webinar offered a...

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February 20, 2024 Dan Sexton

IRS Extends Tax Deadlines in Nine Michigan Counties Due to Severe Weather Impact

In response to the devastating natural disasters that began on August 24, 2023, in several Michigan counties, the IRS has granted tax deadline extensions to provide support and flexibility to individuals and businesses in the affected areas. Eligible taxpayers will have until June 17, 2024, to...

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February 15, 2024 Karen Raghanti, Hannah Prengler

New York Enacts Beneficial Ownership Information Reporting for LLCs 

** This blog was last updated 8/14/24 **NOTE: As BOI regulations continue to evolve, please see our BOI Reporting Resource Center for the most up-to-date reporting deadline information. On December 22, 2023, New York’s governor signed Senate Bill 995B/Assembly Bill 3484A, enacting the New...

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February 09, 2024 Mike Fink

$12.5 Million Sales Tax Ruling Against Amazon Offers Lesson to eCommerce Businesses

On January 24, 2024, a South Carolina Appeals Court affirmed that Amazon Services LLC was required to collect and remit sales tax on products sold on its marketplace for the period January 1, 2016, to March 31, 2016, totaling approximately $12.5 million. The case underscores the need for...

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February 06, 2024

What Is the Impact of the Wisconsin Business Personal Property Tax Exemption?

Posted by Dan Conrad On January 1, 2024, Wisconsin Assembly Bill (AB) 245 went into effect, exempting business personal property from taxation. This means taxpayers no longer need to file the Personal Property Return, Form M-L and Form M-P, reporting the annual statement of their business...

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January 11, 2024 Marc Mazzella

Is Your Business Upskilling Employees with the Ohio TechCred Program? 

Undoubtedly, businesses have experienced a plethora of major disruptions over the past few years, including accelerated labor market challenges. The shortage of skilled workers coupled with ongoing inflation is forcing employers to do more with less.  One way to combat the problem is to...

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January 04, 2024 Dan Sexton, Ashley Altizer

5 Grant and Funding Opportunities for Michigan Manufacturers 

Grants and government backed loans can provide companies with critical alternatives to traditional financing, as well as opportunities to partner with their lenders in capital projects.

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November 30, 2023 Adam Fink

2023 Year-End Tax Planning: What Your Business Needs to Know

With interest rates and inflation both on the rise, tax planning is as important as ever for businesses. We’ve compiled some of the key areas that can help business decision makers and entrepreneurs alike manage cash flow for their enterprise, and stay up to date on prominent changes to tax...

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November 20, 2023 Matt Rager

2023 Year-End Tax Planning for High-Net-Worth Individuals

Posted by Joe Webb and Matt Rager

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