Peter J. Scalise, our Federal Tax Credits & Incentives Practice Leader and Leading Philanthropist, has been honored for his extraordinary thought leadership and fundraising efforts for the Alzheimer’s Association by being inducted into the Elite Grand Champions Club for the fourth consecutive year in a row. Peter is also proudly serving on the Prager Metis Charitable Foundation’s
PM Business Advisors LLC, an independent business and tax advisory services firm with offices in New York, New Jersey, and California, welcomes Jason Lee as Chief Operating Officer. Lee will oversee strategy, operations, IT, HR, and business development and will drive operational efficiencies, digital transformation, and growth for the firm. Lee brings over 16 years
Starting a business is an exciting time for most people, optimism in the air of setting up your inventory, designing retail your retail space and fantasizing about prospective clients. However, before you flip that store closed sign to open you may want to consider all the necessary processes and documentation needed to make sure your
Your business is going to a trade show or convention, great! You have secured a booth, gotten your promotion materials and staff ready, but are you forgetting something? Did you check if you need to be collecting and remitting sales tax for this event? Attending a tradeshow or convention may create sales tax problems for
As the digital industry of online video streaming (movies, television shows, online subscriptions), as well as online gaming platforms and streaming, continues to grow, many sales tax implications have followed. How To Define Online Video and Video Game Streaming Services Each state defines these services/subscriptions differently. For instance, Connecticut considers this computer and data processing
When thinking about health foods, what comes to mind? Fruits and vegetables, right? Well, how about protein bars, drinks, and supplements. These are dietary items which are consumed with the intent to provide health-giving qualities to the human body. In most cases, states view food items as taxable. However, each state has a different definition
The Prager Metis Charitable Foundation, an approved I.R.C. § 501(c)(3) organization, is bringing the community together to fight Alzheimer’s with the first annual Swing for a Cure in support of the Alzheimer’s Association. The Alzheimer’s Association is the leading voluntary health organization in Alzheimer’s care, support, and research. Their mission is to eliminate Alzheimer’s disease
Congratulations to Peter J. Scalise for having been appointed to serve a 3-year term on the Prager Metis Foundation’s National Board of Directors for calendar years 2019 through 2021. Peter J. Scalise has been a leading philanthropist over the years for many charities concerned with poverty and hunger alleviation; economic development; health and social services; along with
The manufacturing industry is an enormous sector in the United States as it provides jobs and boosts the economy, but are you aware of the varying sales tax laws that come along with being a manufacturer? Most states provide some kind of sales tax exemptions to manufacturers, whether it be on the raw materials that
Pundits and politicians have been arguing endlessly on the “winners and losers” of the newly enacted tax law. PM Business Advisors has been and continues to carefully study the language of the new tax code in order to advise clients on how to best position their businesses in regards to the changes and existing ambiguities