Online Sales Tax Back in Court

Monday, June 4, 2018

The last time the Supreme Court (the Court) addressed the business presence criteria for sales tax purposes, Windows 3.1 had just been released, the World Wide Web was in its infancy, and mail-order catalogs were the main way purchases were made from distant sellers. Twenty-six years and billions of dollars of lost sales tax revenue later, the Court is set […]

Easing Hardship Distribution Rules

Monday, June 4, 2018

The Bipartisan Budget Act of 2018 (the “Act”), recently passed by Congress, relaxes the rules for hardship withdrawals from tax-qualified 401(k) and 403(b) retirement plans for plan years beginning after December 31, 2018. Currently, taxpayers are prohibited from making pretax contributions for six months following the receipt of a hardship withdrawal from a qualified retirement plan. The Act lifts the six-month suspension, […]

Cyberspace Privacy Policies – Why Should You Care?

Monday, June 4, 2018

The Senate’s recent attention toward Facebook sheds light on its data Privacy Policy. For two days, a Senate panel grilled Mark Zuckerberg about Facebook’s practices regarding acquisition and handling of users’ information. Afterwards, Facebook announced changes in their policy to address charges that poor handling of user data inappropriately exposed the records of approximately 87 million people. A ripple effect occurred, as […]

Tax Cut Impact on Financial Statements

Monday, June 4, 2018

In December 2017, the Tax Cuts and Jobs Act (TCJA) was signed into law. US Generally Accepted Accounting Principles require that changes in tax rates be effective in the period of enactment. Therefore, all entities are required to account for these changes in their financial statements for fiscal years ending after December 22, 2017. Some of the […]

John Di Carlo Speaks at St. Mary’s Medical Center Foundation

Monday, June 4, 2018

Managing Partner John Di Carlo presented to distinguished guests of the St. Mary Medical Center Foundation. He covered the highlights of the Tax Cuts and Jobs Act, focusing on individual, estate, and charitable implications and offered strategies to optimize tax scenarios. If you would like more information, please contact Windes marketing at solutions@windes.com or 844.4WINDES (844.494.6337).