Insights

New Mexico Gross Receipts Tax Considerations for Life Sciences and Startup Companies

For life sciences and startup companies, New Mexico’s gross receipts tax (GRT) can create exposure beyond traditional product sales. Its tax base is broader than a typical state sales tax, generally covering receipts from property and services, including certain out-of-state services whose resulting product is initially used in New Mexico. Businesses without a physical presence…

IRS Finalizes Rules Allowing Direct Credit and Debit Card Tax Payments

For years, taxpayers who wanted to pay federal taxes by credit or debit card generally had to use an outside payment processor. That arrangement could be changing. On October 16, 2026, Treasury and the IRS released final regulations under Section 6311 that remove regulatory barriers to the IRS accepting credit and debit card payments more…

NJBIZ Names Matt Walsh to Forty Under 40 Class of 2026

Industry Leadership Matt, partner and Practice Leader of Withum’s Industrial and Consumer Products Services (ICP) Team, helps drive the strategic direction, national growth and continued development of the multidisciplinary practice. He works with clients across the ICP industry, including multinational organizations, private equity-backed companies and closely held businesses. Matt played a key role in aligning…

Pet Sector M&A Update: November 2026

2026 Gambling Tax Reform: What Frequent Gamblers Should Consider Now

What the OBBBA change means for recreational and professional gamblers Gambling and sports betting have become a routine part of many taxpayers’ financial lives, and the tax rules that come with them may not become apparent until a return is prepared. Gamblers may assume that a year of winning and losing similar amounts carries no…

One Customer, One Answer: Modeling Data for Consistency

This article is part two of a five-part series exploring the phases of building data readiness that your business (and eventually your AI initiatives) can run on. Try this at your next leadership meeting. Ask your sales, finance and operations leaders one simple question: how many customers do we have? If you get three different…