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Aircraft Transactions Face a Fragmented State Tax Landscape State sales and use tax treatment of aircraft transactions continues to evolve, creating a complex and increasingly fragmented landscape for taxpayers. An aircraft is uniquely impacted by state tax rules due to its mobility and multi-state use, which can trigger tax obligations across jurisdictions at different points…
Stephanie is a growth driver at Withum, leading audit engagements across various industries, including not-for-profit, industrial and consumer products, healthcare and employee benefit plans. She brings a strategic approach to identifying risk and performing internal control testing to support accurate, reliable financial reporting for her clients. Stephanie oversees complex engagements while working with her team…
Artificial intelligence has moved from experiment to everyday business tool. As organizations accelerate AI adoption, AI security has become just as important as innovation. Employees now draft communications, analyze data and even write software with AI assistants — often faster than leadership can put guardrails in place. That speed is a genuine competitive advantage, but…
Non‑profit theatres operate in a world where creativity meets complex financial operations. Between ticket sales, grant reporting, union payroll, production costs, and in‑kind donations, these organizations manage a financial landscape unlike any other. When audit season arrives, the pressure can intensify quickly, especially for teams already stretched thin. As an outsourced accounting CPA who supports…
If you’ve received restricted stock, you have 30 days from the grant date to file an 83(b) election with the IRS. Missing this deadline can cause major tax issues down the road, and the IRS generally will not accept late filings. Still, there are some ways to help lessen the financial impact. Failure to timely file an 83(b) election means you will be taxed at ordinary income…
For many smaller SEC filers, interim income tax provisions can be surprisingly challenging, particularly for companies with limited internal tax resources. Variances in assertion or assumptions, discrete events, changes in judgment on a valuation allowance and/or acquisition(s) are just a few items in a long list that can cause a surprising wrinkle in the interim…
