close

Newsroom

New York-based MGI Worldwide member firm Hoberman & Lesser CPA's, LLP, publishes white paper on Significant Sales Tax Changes due to the South Dakota v. Wayfair decision

12th October 2018

MGI World Front page detail 518x369.jpg

Hoberman & Lesser CPA's, LLP, is pleased to provide this whitepaper outlining some of the significant changes that recently occurred in the U.S. due to the South Dakota v. Wayfair decision rendered by the Supreme Court. 

The whitepaper also includes a general discussion on the imposition and reporting requirements of sales taxes in the U.S.  

The Wayfair ruling imposes an increased burden on companies to comply with individual states reporting requirements for sales tax, and many people believe that income tax reporting will follow. The Wayfair case allows states to impose their sales tax rules on out-of-state entities, including entities located outside of the U.S., for sales made to residents of their state, even if they do not have a physical presence in the state. Prior to the Wayfair decision, states were bound to a physical presence test.
Hoberman & Lesser CPA's, LLP, hope that this whitepaper is beneficial and it provides a useful summary of the sales tax provisions to take into consideration when your clients want to do business in the U.S. 

Download the full paper HERE

Hoberman & Lesser CPA's, LLP, New York City, USA, serve a broad cross-section of businesses, ranging from publicly held companies to private sector businesses, to individual entrepreneurs throughout the tri-state region and across the United States.

MGI Worldwide Key Contact and Managing Partner at Hoberman & Lesser, Robert Hoberman has over 30 years of experience in management consulting, working with all types of businesses. His expertise ranges from structuring business deals, tax planning, and estate and gift planning, valuations, including the use of trusts.

For further details please visit Hoberman & Lesser CPA's, LLP's member profile page HEREor contact Robert Hoberman robert@hobermanlesser.com 

Don’t forget to connect with MGI Worldwide on social media!

You can stay in touch and keep up-to-date with what’s happening across the MGI Worldwide international network on LinkedIn, Facebook, Twitter, and more recently on our NEW YouTube channel where we post new updates regularly. Simply search “MGI Worldwide” and click to Follow us, and subscribe to our new YouTube channel to help us reach 100 subscribers or more. 

MGI Worldwide is a top 20 ranked international accounting network with some 5,000 independent auditors, accountants and tax experts in over 260 locations around the world.

Read more on Member white papers and North America

MGI World NA Kick-Off Meeting group picture

MGI North America and CPAAI members had their first North America Kick-Off Meeting in Houston, USA

20th February 2020

MGI North America and CPAAI (CPA Associates International Inc) members met on 8-9 January 2020 in...

MGI World Skyline view of Houston with MGI North America 2020 meeting title overlaid

Join us this May in Austin, Texas, USA for our MGI North America Conference – Registration now open!

13th February 2020

Registration is now open for this year’s MGI North America Conference taking place on May 21-22...

MGI World White paper showing MGI Asia logo with region  map in blue

Looking for a round-up of the 2020 India Budget? Kamdar Desai & Patel offer a quick summary in their latest white paper

11th February 2020

Kamdar Desai & Patel Chartered Accountants, India-based member firm of MGI Worldwide with CPAAI...