2023 KBF Director Promotions

We are pleased to announce the promotions of Jeff Storch and Brian Kehoe.   Jeff Storch Jeff is an experienced Corporate Tax professional with nearly two decades of public accounting expertise specializing in ASC 740 Accounting for Income Taxes. With a diverse client base ranging from start-ups to multinational corporations, he provides comprehensive services encompassing…

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KBF Sales and Use Tax Newsletter – 1st Quarter 2023

KBF’s quarterly newsletter updates clients on sales and use tax news, developments, and trends from around the country. This edition includes important rulings in taxable software services and digital goods, sales tax for third-party retailers, taxability of credit reporting services, sales tax for ticket resale, and more. Learn more about these developments by downloading the…

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KBF Sales and Use Tax Newsletter – 4th Quarter 2022

KBF’s quarterly newsletter updates clients on sales and use tax news, developments, and trends from around the country. This edition includes important filing deadlines for businesses, changes in tax rates, tax requirements on digital services and remote sellers, and more. Learn more about these developments by downloading the newsletter here.

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Los Angeles City Business Tax: What You Need To Know

Companies and individuals doing business in the City of Los Angeles and its neighboring cities may find themselves subject to the annual Los Angeles City Business Tax (LACBT), due on February 28, 2023. With work-from-home arrangements becoming more common, along with broad nexus standards, companies may find themselves unexpectedly triggering a filing obligation or increasing/decreasing…

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New Portland Tax Alignment for City, County, and Metro Approved

New Portland Tax Alignment for City, County, and Metro Approved

The Portland City Council recently voted to simplify the sales factor apportionment for businesses in the area. These approved changes would allow Portland, Multnomah County, and Metro taxing authorities to use the state’s sales factor apportionment starting on or after January 1, 2023. The update aims to reduce the differences between jurisdictions and enables them…

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KBF Sales and Use Tax Newsletter – 3rd Quarter 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 clarifications, the tax treatment of digital goods and digital advertising, and tax treatment of IT as a service and other information services. Learn more about these developments by downloading the…

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KBF Sales and Use Tax Newsletter – 2nd Quarter 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 treatment of digital goods, interstate transactions, and lease of equipment. Learn more about these developments by downloading the newsletter here.

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U.S. Withholding Taxes for Payments to Foreign Persons

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 generally taxed on only four categories of income. The U.S. may impose a tax on a foreign person without legal jurisdiction over that foreign taxpayer sufficient to fully enforce compliance…

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KBF Sales and Use Tax Newsletter – 1st Quarter 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 state rulings for which goods and services are taxable and which are exempt. Learn more about these developments by downloading the newsletter here.

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