Firm Insights
In 2016, the Treasury Inspector General for Tax Administration (“TIGTA”) recommended that the IRS “revise third-party information reporting documents to identify the amounts of virtual currency used in taxable transactions,” as a partial solution to TIGTA’s concern that too much virtual currency activity goes unreported to the IRS. The bipartisan infrastructure bill that just passed…
Read More
Over the past decade, online retail has exploded – for many sellers, it is now almost non-optional to offer products via online sales. Until recently, however, a state could not impose sales tax obligations on retailers who lacked a physical presence within that state’s borders. Thus, online retailers with a national customer base avoided collecting…
Read More
“Surrounded by dozens of hostile Indians on horseback waving guns and tomahawks, the Lone Ranger turns to his loyal companion and asks, “What are we going to do, Tonto?” “What do you mean ‘we,’ Kemo Sabe.” The Lone Ranger Earlier this year I gave a Strafford webinar presentation entitled “Rebranding Trademarks: Challenges of Walking…
Read More