Insights by Author: Ellyn Cole

CA Implements Wayfair Sales Tax Decision

January 17, 2019

Another important deadline will make an entrance in April next year. Effective April 1, 2019, the…

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Court Overturns Physical Presence Standard in Sales Tax Decision

July 11, 2018

With the surge of online shopping dominating the retail space, a recent U.S. Supreme Court 5-4…

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Update: Tax Reform Moving Through Congress

November 22, 2017

In last month’s newsletter, we gave a brief overview of the Trump administration’s tax reform proposal,…

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Safe Harbor Benefits Restaurant and Retail Industry

July 22, 2016

There has been a lot of discussion surrounding Tangible Property Regulations—from implementing the new regulations to…

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Tax Deadline Reminder: FBARs Due by June 30

June 3, 2015

The deadline is fast approaching for certain taxpayers to report accounts they hold in foreign banks…

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Reduced Restrictions on In-Plan Roth Rollovers

March 25, 2013

Among the changes and extensions in the recently enacted American Taxpayer Relief Act of 2012 (“Act”),…

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Three Strategies That Add Flexibility to Your Estate Plan

September 24, 2012

In recent years, estate planning has been complicated by uncertainty over the future of the federal…

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IRS Introduces the New Form 1099-NEC

The IRS has introduced a new Form 1099-NEC, Nonemployee Compensation. It's a sibling to Form 1099-MISC ...
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When Does a Gift Require a Gift Tax Return, and Gift Tax?

With lifetime gift and estate tax exemptions at an all-time high in 2020, not as many ...
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Future-Forward Manufacturing

Many manufacturers are feeling the impact of the current crisis. But companies that are ready to retool and ...
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By the Numbers: The Key Adjustments for 2021

What will 2021 bring us? After a year of turmoil and surprises, no one has a ...
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Restructuring Debt as a Business Strategy

Many businesses are facing the financial effects of the Covid-19 pandemic. The loss of clients and ...
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Hobby or Business: The IRS Takes a Stand

From a tax perspective, the distinction between hobbies and businesses is important because businesses can deduct ...
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Year-End Tax Planning for Businesses

Many businesses remain steeped in financial, operational, and HR challenges related to the COVID-19 crisis, but ...
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Year-End Tax Planning for Individuals

We recognize the impact this unimaginable year has had on all of us. There have been ...
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Retirement Plan Options for Self-Employed Business Owners

Owning your own business gives you a great deal of freedom to make your own choices. ...
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5 New Updates on Economic Impact Payments

New information continues to unfold as Congress provides clarity on several aspects of the economic impact ...
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How To Use a CPA as an Expert Witness

A CPA may be called upon as an expert witness to render a professional opinion, whether ...
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10 Ways to Improve Your Cash Flow

Cash flow is king. It is the lifeblood of any business. Often referred to as “working ...
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