Real Estate and Construction Newsletter June 2018

Real Estate and Construction Newsletter
June 2018

Director’s Message
Robert Berger

Robert Berger,
Partner

How South Dakota v. Wayfair Could Affect Contractors

States are becoming more and more aggressive in their pursuit of sales and use tax nexus and forcing vendors to collect their tax. This could affect businesses in many different industries, from internet retailers to construction contractors. A sales/use tax case only seems to reach the US Supreme Court once every 25 years.  So, when it does, it has a tremendous impact on commerce.  The US Supreme Court recently heard such a case, South Dakota v. Wayfair.

What’s going on in South Dakota v. Wayfair?

South Dakota tried to force vendors to collect their tax if sales in their state exceed $100,000 or consisted of 200 or more transactions.  States have established similar laws recently trying to “encourage” companies to register to collect their tax, even though, based on current law, these laws are considered unconstitutional.

Find out how this case could affect the construction industry.

Tax Treatment of Shareholder Loans

Tax Treatment of Shareholder Loans

In some circumstances, a closely held business might advance or loan money to a partner for non-business expenses and is

Read More...

By: Jane M. Maddox, CPA
Manager + Tax Services

Five Steps to a More Valuable Business: Building, Harvesting and Managing Wealth

Five Steps to a More Valuable Business: Building, Harvesting and Managing Wealth

Increasing company value should be a core goal for business owners. In part one of our two-part blog series on

Read More...

By: Brent E. McClure, CPA, MBA, CEPA
Principal + Tax Services

Upcoming Events:

Jun
21

Anders Technology Services Group Presents Protecting Your Data with Mobile Device Management

What is the Qualified Business Income Deduction?

Anders CPAs + Advisors Twitter Anders CPAs + Advisors LinkedIn Anders CPAs + Advisors Facebook Anders CPAs + Advisors Google Plus Forward this Email to a Friend