Articles by tag: Tax compliance
In this episode of Weaver: Beyond the Numbers, Marc Young, a tax partner at Weaver, is joined by Brandon Hayes, a senior manager in Weaver’s state and local tax group, to review the complex world of sales and use tax issues in the construction industry. They explore this sector’s unique challenges and opportunities, shedding light […]
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Business Services
Suddenly Sales Tax: Top Considerations
In this episode of Weaver’s Beyond the Numbers, Brandon Hayes, a senior manager in Sales and Use Tax Practice, leads a crucial discussion about sales tax issues and sales tax compliance strategies. Joining him are Stephen Scarborough, partner in the State and Local Tax Compliance Group, and Shane Stewart, the partner in charge of the […]
Business Services
Wayfair: “Still Ignoring Sales Nexus” Or “Evolution of”
In this Weaver Beyond the Numbers episode, Steven Scarborough, Mayur Naik, and Brandon Hayes review the implications of the Wayfair vs. South Dakota case. As e-commerce continues to dominate the market, understanding the nuances of sales tax and economic presence becomes crucial for businesses. Key Points: The Wayfair vs. South Dakota case determined that companies […]
Business Services
Direct Pay Compliance: Direct Pay, Don’t Overpay
In this episode of Weaver: Beyond the Numbers, Shane Stewart, Mayur Naik, and Tony Burgess look into direct pay permits, their potential benefits, and the intricacies of maintaining them. As companies explore ways to optimize their tax functions, this conversation sheds light on the potential savings and responsibilities of direct pay permits. Key Points: Direct […]
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R&D Tax Credit Maximization: Expert Tips and Strategies for Businesses
The R&D tax credit allows businesses to claim a tax credit for qualifying research and development expenses, including wages, supplies, and contract research costs. It was created to incentivize businesses to invest in innovation and technological advancement in the United States, and it can provide a significant cash infusion for future development. The Research and development […]
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Understanding Direct Pay Permits and Their Tax Benefits
Direct pay permits, which allow taxpayers to pay sales tax directly to the state rather than sellers, are becoming more common. Many businesses see direct pay as an essential element to the management of their state and local tax obligations, however there are still many questions. How do direct pay permits work and how are […]
Business Services
Will New Income Reporting Have Any Meaningful Impact on the Financial Ecosystem?
If the IRS having more scrutiny over bank accounts makes you squirm, then buckle up. A proposed change to bank reporting standards would require banks to report $600 or more in transactions to the IRS, allegedly to help the Treasury catch wealthy individuals concealing income and committing tax fraud. Is this out of step with the […]
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Segmentation in Healthcare Cybersecurity Boils Down to Securing the Network and Protecting Patients
As healthcare institutions increasingly digitize their operations, the vulnerability of their networks to cyber breaches has highlighted the urgent need for robust cybersecurity measures. A recent Experts Talk discussion on cybersecurity risks in healthcare explores the pivotal role of network segmentation in fortifying these efforts. With patient data and healthcare service continuity at stake, […]
Global Collaboration Drives Sustainable Maritime ESG Practices
Amidst the vast expanse of the maritime industry, a new wave is cresting—the wave of environmental, social, and governance (ESG) imperatives. From reducing carbon footprints to fostering social equity, maritime entities are grappling with the complexities of sustainability like never before. As the global focus sharpens on ESG practices, the maritime sector finds itself […]
Network Segmentation: The First Line of Defense in Healthcare’s Cybersecurity Battle
Recent cyberattacks, including a major incident at Change Healthcare, have highlighted severe vulnerabilities in healthcare systems, propelling cybersecurity to a critical concern across the industry. In particular, the lack of network segmentation has exposed healthcare infrastructure to increased risk, affecting essential services and compromising patient care. As healthcare institutions continue to integrate more digital […]
Investing in Water Quality: Florida Takes a Proactive Strategy for Sustainable Infrastructure
Amid a national conversation on infrastructure and environmental sustainability, Florida positions itself at the forefront with a significant financial commitment to investing in water quality. Governor Ron DeSantis’s recent announcement of a $1.5 billion investment, focusing heavily on the iconic Everglades Restoration Project, comes at a critical time. As Florida’s population continues to swell, […]
