The biggest U.S. tax reform since 1986 will consist of major tax law changes that will affect everyone. The Warren Averett Tax Reform Committee has been monitoring the changes closely and providing updates as the details emerge.
With an effective date of Jan. 1, 2018, for calendar year publicly held companies and Jan. 1, 2019, for calendar year privately held companies, the time to begin planning for implementation is now.
On June 21, 2018, the Supreme Court of the United States issued its widely anticipated decision in South Dakota v. Wayfair, et al. No. 17-494 regarding internet sales tax.
