State and Local Tax
Massachusetts Sets $500K Threshold for Corporate Nexus
Massachusetts has drawn a sharper line around which corporations and business entities fall under the state’s corporate excise tax. With the finalization of Regulation 830 CMR 63.39.1, the Department of Revenue set a clear economic and virtual nexus threshold of $500,000. Corporations generating sales above this amount from Massachusetts sources may now be subject to […]
Sales Tax Compliance for Ecommerce Sellers Discussed on Connex eCommerce Podcast with Kelly Zack
Kelly Zack, MST, Partner in AAFCPAs’ State & Local Tax practice, joined the Connex eCommerce Podcast for a discussion on how online sellers may navigate sales tax compliance with confidence. Hosted by Joe Anderson, the episode explored common misconceptions about nexus and marketplace rules, as well as practical ways ecommerce businesses may simplify reporting and […]
What SaaS Companies Need to Know About State Tax Obligations
As software companies shift to subscription-based models and expand across state lines, tax obligations grow less predictable—and more costly when overlooked. Sales tax on Software-as-a-Service (SaaS) is no longer limited to where a company is headquartered. Instead, tax exposure may follow where products are used, where customers are billed, or even where remote team members […]
SALT Partner Kelly Zack Strengthens Community Leadership Through Board Service
AAFCPAs’ Partner Kelly Zack, MST recently joined the board of Victory Programs, Inc. (VPI), a Boston-based nonprofit dedicated to providing hope, recovery, and community for individuals and families facing homelessness, addiction, or chronic health conditions. VPI envisions communities that are safe, healthy, and inclusive, offering programs that address housing, wellness, and supportive services to help […]
Does Your Website Create Tax Exposure? Understanding California’s PL 86-272 Guidance
For years, Public Law 86-272 offered a clear line of protection. If an out-of-state business limited its activity in another state to soliciting sales of tangible goods—typically through mail, phone, or more recently e-commerce—it could avoid that state’s income tax. That line has blurred. California is leading a quiet but consequential shift in how PL […]
OBBB Creates More Deduction Room for Middle-Income Filers
For years, the state and local tax deduction has been an important consideration for taxpayers in high-tax states. In 2017, The Tax Cuts and Jobs Act set a $10,000 cap, which limited the ability of many individuals and pass-through entity shareholders to reduce federal taxable income. The One Big Beautiful Bill (OBBB) Act, signed into […]
Court Upholds Massachusetts Tax on Business Gain After Owner Relocates
In this article: The Massachusetts Appeals Court recently ruled that a tech founder’s $4.7 million stock sale could be subject to state income tax, despite his move out of state. Craig Welch, who co-founded AcadiaSoft, Inc. in 2003, initially held a 50-50 ownership split with one partner, though his interest was diluted over time as […]
Massachusetts to Automate Penalties on Late Advance Payments Starting July 2025
Beginning July 1, 2025, the Massachusetts Department of Revenue (DOR) will automatically assess penalties on businesses that fail to make required advance tax payments by the 25th of each month. The advance payment requirement, in place since 2021, applies to businesses with more than $150,000 in annual tax liability from certain indirect taxes, such as […]
Navigating multi-state employment: Payroll tax compliance in the hybrid era
Benefits Pro (June 06, 2025)- It’s critical to take a step back and create a plan, assessing and managing the risks that come along with distributing employees across the country. The rise of remote and hybrid work is no longer a temporary response to disruption. Even as “work from home” becomes a less prevalent reality, […]