Tax Law News and Insights

The US Supreme Court has overruled the longstanding rule that interstate sellers do not need to collect and remit state sales tax unless they have a physical presence in a state. On June 21, 2018, the Supreme Court of the United States ("SCOTUS") reviewed in the long-awaited South Dakota v. Wayfair...

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In an article published by The New Brewer, Marc Sorini discusses five issues most likely to have a meaningful impact on craft brewers in the coming years, including: The Craft Beverage Modernization and Tax Reform Act's (CBMTRA) new tiered excise tax rate structure, its extending benefits to foreign producers, and its...

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California Competes Tax Credits history Over the past four years, GO-Biz has awarded over $620 million in California Competes Tax Credits, a tax credit that may be used to offset the awardee's California income and franchise tax liabilities, including the alternative minimum tax (AMT). The California Competes Tax Credits awarded...

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