IMPORTANT INFORMATION ABOUT THE CORONAVIRUS (COVID-19) FINANCIAL UPDATES

LGT's Profit Sense

Latest with the IRS Guidance on Payroll Tax Deferral

Posted by Jon Wellington, J.D., Principal, State and Local Tax on Sep 1, 2020
Latest with the IRS Guidance on Payroll Tax Deferral

On August 8, 2020, President Trump issued a memorandum authorizing the deferral of payroll taxes for certain employees from September 1, 2020 through December 31, 2020. On August 28th, the IRS...

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Topics: Tax, IRS, small business, LGT, COVID-19, payroll, deferral

The Wayfair Decision Part 2

Posted by Jon Wellington, J.D., Principal, State and Local Tax on Jan 15, 2019
The Wayfair Decision Part 2

In response to the Supreme Court decision in South Dakota v. Wayfair (click here for our previous article on this subject), the Texas Comptroller has adopted amendments to Rule 3.286 regarding...

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Topics: SALT, Wayfair, State and local taxes, LGT
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