Author:Jeff Senney

Impact: In light of the increased popularity of e-commerce and online retail and the impact of the pandemic on e-commerce shopping behavior, it is even more essential for businesses to understand different states’ economic nexus laws and be prepared for associated challenges. The Law: Mandates out-of-state...

The IRS will accept digital signatures on emailed documents through June 30, 2021. In March 2020, the IRS announced that IRS employees would temporarily deviate from established procedures and accept scanned or photographed images of signatures and digital signatures on tax documents. IRS employees will also...

The US District Court US v. Kaufman recently found the $10,000 penalty for non-willful failure to file the FBAR form applies per FBAR form, not per the number of bank or financial accounts required to be reported on the form. Two district courts have reached...

What's Changed: The IRS recently issued final regulations for deducting meal and travel expenses. What's changed? Elimination of the deduction for entertainment, amusement, or recreation expenses Limits to claiming food and beverage expenses Who Can Help: Contact Jeff Senney at (937) 223-1130 or jsenney@pselaw.com to understand...

2020 COVID-related Tax Relief Act (COVIDTRA) and Taxpayer Certainty and Disaster Relief Act (TCDTR)   EFFECTIVE DATE: Calendar years of 2021 and 2022 For questions about the Consolidation Appropriations Act or any other matter related to PPP loans, PPP loan forgiveness, or income taxation, please contact your...