Tax Planning

R&D: Why Research Funding Sources Complicate Government Contracting Tax Compliance

By | Accounting and Advisory, Government Consulting, News, Tax Planning | No Comments

Government contracting has a very specific issue we have to address with regards to how research is funded, and it’s an added level of due diligence for anyone who has government contracting as a business component.   However, we’ve seen this due diligence missed in government contracting tax compliance, and it creates serious risks…

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State Tax Advisory: Renew ADOR-issued Sales and Use Tax Licensing Annually (From Now On)

By | News, Operations Management, Small Business Consulting Services, Tax Planning | No Comments

On October 1, 2020, the Alabama Department of Revenue (ADOR) officially alerted Alabama taxpayers of a new annual renewal requirement for certain ADOR-issued sales and use tax licensing. For the first time, Alabama taxpayers holding any of the following ADOR-issued licenses must renew that license between November 1, 2020 and December…

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Pensacola, FL Disaster Relief Resources and Small Business Consulting Services

By | News, Operations Management, Tax Planning | No Comments

As our Pensacola business community begins to assess the flooding-related damage from Hurricane Sally, the demand for available resources capable of providing capital, advice and disaster relief services has become a hot topic of discussion—and a source of some confusion and frustration. On the federal level, Florida Governor Ron DeSantis…

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