Insights & Resources

Uncover the new reporting requirements for PPP loan forgiveness and what determinations you will have to make.

As a reminder to suppliers and distributors of motor fuel: many states issue licenses that must be renewed periodically rather than being effective for a continuous period until canceled. The licenses in the table below have renewal requirements. Licensees should receive a renewal notification from the state tax authorities prior to the renewal date.

The IRS has extended through October 2023 the use of digital signatures, or e-signatures, on certain forms that cannot be filed electronically, must be maintained on paper, or otherwise previously required a handwritten signature.

California Governor Gavin Newsom’s record $213 billion budget proposal could bring significant tax reductions to California businesses.

The American Rescue Plan of 2021 authorized the IRS to issue advance payments to families eligible for the Child Tax Credit.

The growing popularity of virtual currencies and their potential to facilitate tax evasion has prompted the Internal Revenue Service (IRS) and Congress to impose additional reporting requirements on taxpayers who hold or use virtual currencies.

The Internal Revenue Service (IRS) recently provided guidance to employers about the early termination of the Employee Retention Credit (ERC).

The U.S. Supreme Court’s 2018 decision in South Dakota v. Wayfair revolutionized sales tax by removing the “physical presence” requirement for sales tax nexus.

With cryptocurrencies becoming more mainstream, Weaver is consistently asked to decrypt what crypto means for individuals and businesses that want to learn more.

Read more about the user fee required for using an estate tax closing letter and how to request one.

On November 19, 2021, the U.S. House of Representatives passed the “Build Back Better Act” (BBBA), which includes an estimated $1.7 trillion in spending and an estimated $1.5 trillion in tax increases over 10 years.

The Infrastructure Investment and Jobs Act, which President Biden signed into law on November 15, 2021, reinstates Superfund excise taxes on the sale and import of certain chemicals as part of the law’s revenue raising provisions.