Insights

State & Local Tax (SALT)  |  By Chris Vignone, MBA

News From the SALT Minds - Feb 5, 2015

Summary. New York released bulletin TSB-M-14(5)c, (7)1,(17)S establishing guidelines for the treatment of convertible virtual currency (CVC) as it pertains to sales, corporation and personal income tax. Background.  With the IRS releasing...

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State & Local Tax (SALT)  |  By Chris Vignone, MBA

News From the SALT Minds - Nov 3, 2014

Summary.  "Economic Opportunity Act Of 2014" has been approved by the New Jersey Legislature and it includes new incentives requested by Governor Christie. Overview.  In addition to expending the Garden State Growth Zones by adding Atlantic City...

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State & Local Tax (SALT)  |  By Chris Vignone, MBA

News From the SALT Minds - Oct 21, 2014

Summary.  Understanding the two sales tax sourcing rules is crucial in effective management of your business's sales tax compliance system. Overview.  "Sales tax sourcing" is the determination of which tax rate is applicable to a purchase, and to...

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State & Local Tax (SALT)  |  By Chris Vignone, MBA

News From the SALT Minds-Mar, 20, 2014 - California Levels the Playing Field

Summary.  Last Summer California enacted a new law allowing a partial sales tax exemption for certain manufacturing and research and development purchases. California is trying to level the competitive playing field with many other states that have...

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