The tax industry has experienced historic legislative and regulatory change. Businesses of all sizes, across all industries, are impacted by the monumental changes to the federal tax code. Digital service providers, e-commerce sellers, consumers, also as buyers and sellers of companies are still assessing compliance with the new economic nexus statutes in states.
Tax departments face complex changes and new deadlines while company executives are seeking answers to bottom line impact. Strategic business decisions and tax planning opportunities are getting increasingly intertwined. Compliance and consulting within the new tax regime requires a nimble and holistic approach addressing the key impacts to businesses: