Blog - KBF CPAs

KBF Sales and Use Tax Newsletter – 3rd Quarter 2022

By KBF Editorial | December 4, 2022

KBF’s quarterly newsletter updates clients on sales and use tax news, developments, and trends from around the country. This edition features updates on marketplace seller…

KBF Sales and Use Tax Newsletter – 2nd Quarter 2022

By KBF Editorial | July 25, 2022

KBF’s quarterly newsletter updates clients on sales and use tax news, developments, and trends from around the country. This edition features updates on the tax…

U.S. Withholding Taxes for Payments to Foreign Persons

By KBF Editorial | June 15, 2022

Whilst the United States (“U.S.”) taxes its citizens, residents, and domestic corporations on their worldwide income, nonresident individuals and foreign entities (collectively, foreign persons) are…

KBF Sales and Use Tax Newsletter – 1st Quarter 2022

By KBF Editorial | May 31, 2022

KBF’s quarterly newsletter updates clients on sales and use tax news, developments, and trends from around the country. For this edition, we feature updates on…

California Makes Favorable Changes to the Pass-Through Entity Tax

By KBF Editorial | March 5, 2022

Summary Since the passage of the Tax Cuts and Jobs Act (TCJA) in 2017, individuals who itemize their federal tax deductions have been limited to…

California Unclaimed Property Tax Compliance

By KBF Editorial | February 27, 2022

Summary Beginning in 2022, the California Franchise Tax Board (FTB) will require most businesses to disclose the status of their unclaimed property compliance on their…

New Oregon Pass-Through Entity-Level Business Alternative Income Tax

By KBF Editorial | February 15, 2022

Senate Bill 727 (SB 727) was introduced as Oregon’s response to the enactment of The Tax Cuts and Jobs Act (TCJA) and the IRS Notice…

KBF Sales and Use Tax Newsletter – 4th Quarter 2021

By KBF Editorial | February 8, 2022

KBF’s quarterly newsletter updates clients on sales and use tax news, developments, and trends from around the country. For our fourth edition, we feature updates…

California Sales and Use Tax Exemption

By KBF Editorial | January 20, 2022

Background California allows qualifying manufacturers and certain research and developers a partial exemption from sales and use tax on various purchases of machinery and equipment…

KBF Sales and Use Tax Newsletter – 3rd Quarter 2021

By KBF Editorial | November 25, 2021

KBF’s quarterly newsletter updates clients on sales and use tax news, developments, and trends from around the country. For our third edition, we feature updates…