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 LehmanBrown and MGI Worldwide logo over stacked coin image

Looking to invest in Asia? China on the path to attract more foreign investment

16th October 2019

For all those with investment interests in China, on March 15, 2019, China’s National People’s...

MGI World India corporate tax_C.R.SharedalalCo_518x362.jpg

It’s good news for Indian businesses as corporate tax is slashed, alongside the announcement of other fiscal reliefs!

2nd October 2019

MGI Worldwide accounting network’s most recent member, C.R. Sharedalal & Co., has shared with...

MGI World Profile picture of Brian Levenstein announcing him as new partner of MGI North America member firm Hoberman & Lesser

North America-based member firm Hoberman & Lesser CPAs, LLP announces new Partner

27th September 2019

MGI Worldwide accounting association member firm Hoberman & Lesser CPAs, LLP, based in New...