Craig Lammlin

Read this article from Forvis Mazars for details on regulations for S corporation ESOPs in IRC Section 409(p): https://bit.ly/4eWd844

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For procedural and some substantive tax-related reasons, the Texas Comptroller of Public Accounts repealed its recently adopted local tax situsing rule, and simultaneously readopted the text of the rule with amendments that, among other changes, expand the local tax collection obligations of remote sellers by requiring out-of-state sellers that collect state use tax to also collect applicable local sales tax.

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Understanding the regulations for S corporation ESOPs in IRC Section 409(p) and navigating compliance can be difficult. Read this article from Forvis Mazars to learn more: https://bit.ly/4eWd844

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General event #CroweTXBizCon in Dallas is tomorrow (5/7)! It is a great opportunity to network with DFW-area business leaders and attend engaging sessions covering topics pertinent to Texas organizations, including the state of #PrivateEquity markets and developments in #AI. Register here for the @Crowe event: https://bit.ly/3Vz1BAn   PE panel #CroweTXBizCon in Dallas is tomorrow (5/7) and will be full of engaging sessions such as “Private equity perspectives: Unleashing operational value creation,” moderated by my @Crowe colleague Simon Little, CPA. During the panel, Bart Kelly and local industry leaders will discuss challenges and opportunities in investing and strategies used by #PrivateEquity groups to increase their pipeline. Register here: https://bit.ly/3Vz1BAn AI panel #CroweTXBizCon in Dallas is tomorrow (5/7) and will be full of engaging sessions such as “Developments in AI: Exploring practical applications, ethical considerations, and impact on businesses,” featuring my Crowe colleagues Christopher Wilkinson, Thomas Callaghan, David Reitzel. During this discussion, panelists will dive into the opportunities and challenges #AI poses. Register here: https://bit.ly/3Vz1BAn Economic update #CroweTXBizCon in Dallas is tomorrow (5/7) and will include a national economic update from Chief Economist Scott Anderson. During his presentation, Scott will share current and forecasted trends in our national and local economies, identify growth and potential challenges, and provide an overall snapshot of the nation’s economic performance. Register here: https://bit.ly/3Vz1BAn

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While the Texas governor issued a number of #taxdisasterrelief declarations, this does not mean other states will follow this tax relief automatically. Therefore, you may want to consider making state income tax estimated payments timely for the upcoming June 15 deadline. #stateincometax #stateandlocaltax #estimatedstateincometax

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DFW’s new managing partner, Chris Clark, discusses the launch of the Forvis Mazars global network in an article for D CEO Magazine. Chris outlines how the unique global network allows the firm to better serve clients locally and internationally. He also outlines the growth and impact of the DFW practice unit for the North Texas region. Read the article to see the full conversation. https://bit.ly/4cA1uK4

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If you're interested in finding out more about keeping tax records, check out this great new blog post from the Dallas-based Mostafa Ibrahim Sabry CPA, LLC. Just click below.

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Are you struggling to grasp the ins and outs of tax, audits, and compliance in the government contracting arena? As proud members of SECAF, AFCEA, IMA, and AICPA, we stay at the forefront of industry trends and regulations to deliver unmatched expertise and value to our clients. Contact us today - link in the comments. #GovernmentContracting #BusinessConsulting #CPADepartment

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DFW’s new managing partner, Chris Clark, discusses the launch of the Forvis Mazars global network in an article for D CEO Magazine. Chris outlines how the unique global network allows the firm to better serve clients locally and internationally. He also outlines the growth and impact of the DFW practice unit for the North Texas region. Read the article to see the full conversation. https://bit.ly/4cA1uK4

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The Texas Comptroller of Public Accounts explains the Texas taxability of various website design, website development, marketing consulting, and advertising services concluding that while certain services to design and plan a website are not subject to Texas sales and use tax, website development services generally are taxable under state law as data processing. #texas #indirecttax #salesandusetax #taxes #website #websitedesign

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🚀 Excited about #governmentcontracting? Join us for an exclusive webcast: "Government Contractors: Navigate the Pre-award Survey," where we dive into Standard Form 1408 (SF 1408). 📅 **Why attend?** Get a complete breakdown on ensuring your accounting systems are up to par with SF 1408 requirements. Whether you're submitting your first SF 1408 or looking to refine your process, our webcast will provide the expertise and insights you need for accurate, compliant submissions that stand out in government contracting. 💼 **Meet our experts:** - **Rich Weber**: With over 15 years in government contracting and compliance, including DCAA accounting and contract administration. - **Karen Melendez**: Practicing accounting since 1999, with deep expertise in DCAA-compliant accounting systems and tax planning. 🎯 **What you'll learn:** - The importance of SF 1408 in the contracting process. - Key components and requirements for a compliant accounting system. - How to avoid common pitfalls and maintain compliance for audits. - Strategies to leverage SF 1408 for securing more contracts and business growth. Don't miss out on this chance to enhance your knowledge and positioning in government contracts. Register now! 🔗 Register Here: (https://www.mossadams.com) #webcast #governmentcontracts #compliance #DCAA #SF1408 #accounting #contractmanagement #businessgrowth #professionaldevelopment

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Understanding the regulations for S corporation ESOPs in IRC Section 409(p) and navigating compliance can be difficult. Read this article from Forvis Mazars to learn more: https://bit.ly/4eWd844

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Were you impacted by the recent storms in Texas? You may have been part of the latest area affected by the Presidential declaration of a major disaster (FEMA-4781-DR), providing more time to recover and file your taxes. #tax #junedeadlines

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