Apr 5, 2021 | Specialty Tax, Tax, Tax Compliance and Advisory
NEW MEXICO CHANGES Effective for tax years beginning on or after January 1, 2021, New Mexico has changed its sourcing rule for sales other than sales of tangible personal property (i.e., services and intangibles) from cost-of-performance based sourcing to market-based...
Jan 19, 2021 | International, Tax
If an individual is an alien (not a U.S. citizen), they are considered a nonresident alien unless they meet one of two tests. They are a resident alien of the United States for tax purposes if you meet either the green card test or the substantial presence test for...
Jan 12, 2021 | Specialty Tax, Tax
The Consolidated Appropriations Act, 2021 (the “Act”), which was signed into law a few weeks ago, extends and modifies the employee retention credit (“ERC”) to permit more taxpayers to take advantage of it. The ERC is a payroll tax credit available to taxpayers...
