Uncategorized
-
SaaS Sales Tax: Part I – Nexus
Contributing author: Steven Claflin, Manager SALT (State and Local Tax) Back to Introduction In light of the 2018 Wayfair decision and the rise in remote workers since Covid, a technology company’s nexus profile has dramatically changed over the years. These issues might not be unique to the technology industry, but they certainly apply to most […]
-
SaaS – Think you’re not subject to Sales Tax? Think again…4 Part Series
Thanks to contributing author: Steven Claflin, Manager SALT (State and Local Tax) Sales tax compliance is inherently complicated for any seller because of the unique sourcing rules, different nexus thresholds, difficult taxability determinations, and multiple layers of taxation. However, when it comes to the Technology Industry, sales tax compliance is perhaps the most complex. The […]
-
Tech companies should plan now for Section 174 capitalization for tax year 2023 and beyond
Will it get fixed? This time last year there was optimism that a 2022 year-end fix would be passed by Congress and Section 174 research capitalization would be deferred or eliminated altogether. Instead, Congress failed to act and tax year 2022 proved to be one of the most challenging for taxpayers subject to Section 174. […]
-
R&D payroll tax credit increases for 2023
By Ginny Veit Companies performing research and development (R&D) activities in 2023 can take advantage of a supercharged R&D tax credit against their payroll taxes. The payroll credit can be a hugely valuable cash flow tool for early stage tech companies that should be part of your year-end planning discussions. The payroll tax election under […]
-
IRS releases new Section 174 research capitalization guidance
IRS recently announced that proposed regulations are forthcoming under Section 174 while also providing interim guidance. Check out our latest article to see what this development means for tech companies: IRS to Propose Section 174 Regulations, Interim Guidance Issued : 2023 : Articles : Resources : CLA (CliftonLarsonAllen) (claconnect.com).
-
How to Build a Back Office Geared for Growth
Key insights Check out the full article here! https://www.claconnect.com/en/resources/articles/2023/how-to-build-a-back-office-geared-for-growth
-
ICYMI: Data Analytics: Crawl, Walk, Run — Walk: An Introduction to Data Warehouses
Are you tired of dealing with the inefficiencies caused by disconnected systems and the challenges posed by dirty data? In this complimentary webinar (recording), learn the differences between a data warehouse and data lake, and how they can help you reduce manual work, increase accuracy, and take your organization to the next level. Who should attend This […]
-
IRS Pauses Processing New ERC Claims Until 2024
Key insights The IRS is serious about cracking down on fraudulent ERC claims The IRS issued multiple warnings, a generic legal advice memorandum, and the “dirty dozen” article warning taxpayers against aggressive schemes for claiming COVID-related relief with the employee retention credit program. On September 14, 2023, it announced a moratorium on processing new refund claims through the end of […]
-
WSJ Tech Live 2023
Where tech’s biggest players come together. WSJ’s Tech Live is returning to Laguna Beach to convene a select group of leaders, founders, and innovators at the forefront of tech, media, entertainment, and finance. Request your invitation today and prepare to explore the transformative forces redefining technology: from the advantages of AI to the impacts of […]
-
Don’t Overlook Payroll Benefits as a Key to Recruiting, Retaining Employees
Read the full article here: Don’t Overlook Payroll Benefits as a Key to Recruiting, Retaining Employees : 2023 : Articles : Resources : CLA (CliftonLarsonAllen) (claconnect.com)