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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

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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 

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