South Dakota v. Wayfair Inc. has led to the largest change in sales tax in the last 50 years. Since 1967, businesses have operated under the premise that a substantial physical presence is needed in a state, in order for said state to subject the business to their sales tax collection and remittance requirements. ”Substantial
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Sometimes, no movement is good movement. In the case of the government shutdown, money manager Larry Glazer believes it’s favorable for Wall Street — at least in the short term. His reasoning: It prevents lawmakers from passing policies that could be detrimental to corporate America. “Investors like less Washington, and they realize Washington isn’t always
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Photocredit: GettyGetty The topic of “restricted application” continues to be a popular one; I consistently get emails and calls on its use. This article isn’t necessarily geared as to how you qualify to use the restricted application, but how to apply the tactic to your best advantage. To start with, please do not confuse the
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Last month, I wrote about the Department of Justice beginning to crack down on abusive conservation easement syndications.  DOJ is seeking an injunction against people associated with EcoVest Capital, which according to Peter Elkind of Fortune is the most prolific syndicator of conservation easements. I explained the concept behind conservation easement deductions in that piece last
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