Cannabidiol (CBD) is a naturally occurring substance produced in hemp plants. While it carries a connotation to the term marijuana, the truth is these products vary in their composition. CBD contains minute or no amounts of Tetrahydrocannabinol (THC), the psychoactive compound in marijuana. When ingested, CBD product does not give the user the same feeling
PM Business Advisors LLC, an independent business and tax advisory services firm with offices in New York, New Jersey, and California, welcomes Jonathan Kraft as a Director of the firm’s State and Local Tax Practice. Jonathan has over 20 years of SALT experience ranging from BIG 5, leading mid-sized and regional firms, as well as
Sales and Use Tax can be very complicated for many companies. Most companies do not realize that they can overpay sales tax just as much as they underpay sales tax. A Reverse Sales & Use Tax Audits (“RSUTA”) will help companies locate overpaid sales and use tax. We are often asked many questions regarding RSUTA
PM Business Advisors LLC, an independent business and tax advisory services firm with offices in New York, New Jersey, and California, welcomes Richard Schoonover, CPA, as a member of the firm’s National R&D Tax Credit Practice. Richard has approximately 35 years of combined public accounting experience ranging from BIG 4 to leading mid-sized CPA firms
Traditionally, web hosting services allow a company to make its website accessible to the internet or the World Wide Web. This is accomplished by the web hosting companies by providing customers with both hardware (servers and data storage) and connectivity to the internet. Today, web hosting companies such as GoDaddy and HostGator have expanded their
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