Supreme Court Rules on WayFair Sales Tax

Supreme Court Rules on WayFair Sales Tax

The U.S. Supreme Court has issued its ruling on the WayFair Sales Tax, overturning the sales-tax-only, physical-presence requirement set forth by previous rulings. Before the ruling in Wayfair, a state could compel an out-of-state seller to collect sales tax if the...
Big Changes for Pass-Through Entities

Big Changes for Pass-Through Entities

One of the most talked-about and Jobs Act is the 20 percent deduction on pass-through income from sole proprietorships, partnerships, S corporations, and LLCs. Because so many construction-related businesses are organized as pass-through entities, many contractors...