Tax & Accounting News

Supreme Court Abandons Physical Presence Standard: An In-Depth Look at South Dakota v. Wayfair

Supreme Court Abandons Physical Presence Standard: An In-Depth Look at South Dakota v. Wayfair

By Sarah Horn (J.D., Editor, Checkpoint Catalyst), Jill McNally (J.D., Editor, Checkpoint), Rebecca Newton-Clarke (J.D., Senior Editor, Checkpoint Catalyst), and Melissa Oaks (J.D., LL.M., Managing Editor, Checkpoint Catalyst) On June 21, 2018, the U.S. Supreme Court issued a decision in South Dakota v. Wayfair, 1 overturning the physical presence standard espoused in Quill v. … Read More

3 Steps to Identify and Fix Bottlenecks in Your Firm’s Workflow

3 Steps to Identify and Fix Bottlenecks in Your Firm’s Workflow

The United States Supreme Court today overturned two and a half decades of sales and use tax jurisprudence in South Dakota v. Wayfair, ruling the physical presence standard established in Quill v. North Dakota 2 "unsound and incorrect" and remanding the case to the South Dakota Supreme Court for further proceedings. … Read More

In Landmark Wayfair Ruling, the U.S. Supreme Court Calls Quill Rule “Unsound and Incorrect”

In Landmark Wayfair Ruling, the U.S. Supreme Court Calls Quill Rule “Unsound and Incorrect”

The United States Supreme Court today overturned two and a half decades of sales and use tax jurisprudence in South Dakota v. Wayfair, ruling the physical presence standard established in Quill v. North Dakota 2 "unsound and incorrect" and remanding the case to the South Dakota Supreme Court for further proceedings. … Read More

Thomson Reuters Launches Comprehensive Tax Cuts and Jobs Act Toolkit

Thomson Reuters Launches Comprehensive Tax Cuts and Jobs Act Toolkit

Thomson Reuters has released a robust Checkpoint Tax Cuts and Jobs Act Toolkit offering accounting firms resources to help them identify planning opportunities and guide clients through recent changes in tax law. The Toolkit includes a Checkpoint special report, Practice Aids, tax law summaries, checklists, client letters, and more. The special report, The Tax Cuts … Read More

Thomson Reuters Provides Guidance on State Tax Filing Obligations for Pass-Through Entities

Thomson Reuters Provides Guidance on State Tax Filing Obligations for Pass-Through Entities

Thomson Reuters has released a Checkpoint report to help practitioners and companies navigate state tax filing obligations for pass-through entities, such as partnerships, limited liability companies taxed as partnerships, and S corporations. It focuses on the complex challenges faced by entities that must research and comply with the rules and regulations of multiple states. The … Read More

Thomson Reuters to Host 20th Annual EBIA Advanced Cafeteria Plans and Benefits Conference

Thomson Reuters to Host 20th Annual EBIA Advanced Cafeteria Plans and Benefits Conference

Thomson Reuters will host its 20th annual EBIA Advanced Cafeteria Plans and Benefits Conference on July 10-12, 2018 in Seattle, WA. The three-day event is designed for benefits professionals to learn about advanced compliance issues for employer health plans, including account-based plans and wellness programs, and cafeteria plans. The conference faculty will include a panel … Read More