Tax
Change in Sales and Use Tax Affects Contractors, Municipalities and Nonprofits

Change in Sales and Use Tax Affects Contractors, Municipalities and Nonprofits

By Susan G. Schellinger Certain local Wisconsin governmental entities and nonprofit organizations have historically been exempt from payment of sales and use tax. Under a change in Wisconsin law which took effect on January 1, 2016, contractors may purchase construction materials on behalf of certain tax-exempt entities and organizations without...

read more

Businesses Can Lower Domain Name Acquisition Costs Via Amortization

The IRS recently concluded that certain domain names have to be capitalized as intangible assets and amortized over a 15-year period under Section 197 of the Internal Revenue Code. This means that a business that acquires qualifying internet domain names will be able to realize financial benefits by recapturing 100% of the purchase price through...

read more
Attention Employers: The IRS May Be Googling Your Employee Benefits Communications

Attention Employers: The IRS May Be Googling Your Employee Benefits Communications

By Mark G. Kmiecik Public sector and tax-exempt employers in Wisconsin should be aware that the IRS appears to be targeting section 403(b) plans for examination. Prior to and during recent IRS examinations of 403(b) plans in the state, we have learned that the audit trigger more than once was the IRS’s review of the employers’ websites for...

read more
Attention Employers: The IRS May Be Googling Your Employee Benefits Communications

Corporate Attorney Authors Article for the The Journal of Accountancy

Corporate and Tax attorney Mark Kmiecik authored an article in the April edition of the Journal of Accountancy (JofA), a flagship publication of the American Institute of Certified Public Accountants. The article addresses the responsibilities tax practitioners must take when considering to file a UTP. To read the full article, please visit, the...

read more

When a Retiree Returns to Work, WRS, ACA, and Tax Rules Impact Public Employers

As described in our February 23, 2015 Client Update, “Act 10 and Total Employee Compensation,” rules under the Wisconsin Retirement System (WRS) affect public employees throughout the employment life-cycle, from the initial determination of WRS eligibility through the termination of employment. An individual’s employment life-cycle is sometimes...

read more