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On Thursday, May 22, the House of Representatives passed a comprehensive tax bill, setting the stage for the tax landscape under the Trump administration. While we expect changes as the Senate takes up the bill, the House version provides a first look at the provisions affecting both individual and business tax planning moving forward.
Bergin Fisniku, Director of our National Tax Practice, breaks down what's included, what's omitted, and how it may affect you in today's video.
The information provided in this communication is of a general nature and should not be considered professional advice. You should not act upon the information provided without obtaining specific professional advice. The information above is subject to change.
Effective inventory management is essential for business success, helping to balance stock levels, reduce waste, and improve customer satisfaction. By leveraging automation, demand forecasting, centralized data, and a strong supply chain, businesses can streamline operations and eliminate common inventory frustrations.
The South Carolina Supreme Court has ruled the state's sales tax exemption for Durable Medical Equipment (DME) unconstitutional, effective June 26, 2024. Entities selling DME in South Carolina must now collect and remit sales tax, while out-of-state businesses may be eligible for refunds on past sales.
Consolidating SOC, HITRUST, and PCI engagements with a single accounting firm can reduce costs, improve efficiency, and minimize compliance fatigue. Learn how Elliott Davis can streamline your testing process while enhancing compliance management.
The manufacturing industry is a major contributor to global emissions and energy consumption, making sustainability a key priority. This article explores ESG factors shaping the sector, highlighting risks, opportunities, and strategic actions manufacturers can take to drive sustainable innovation and long-term resilience.
