Greg Shine

Did you know? Pennsylvania requires vendors doing business in the state to collect sales tax on tangible goods and certain services. Even maintaining inventory in the state can create a sales tax nexus. With platforms like Amazon urging international sellers to comply with state tax laws, enforcement of these regulations is stronger than ever. Make sure your business is up to date with your state's sales tax requirements. To learn more, click the link below: https://bit.ly/3ze3olA #SalesTax #EcommerceCompliance #BusinessTips

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❗Amnesty News! ❗ In the state's recently enacted budget bill, Massachusetts' DOR is authorized to establish a 60-day tax amnesty program. Here's what you need to know. ❓ What is sales tax amnesty? ▶️Sales tax amnesty is a limited-time program offered to help businesses that have not fulfilled their sales tax obligations. Rather than being hit with severe penalties, amnesty programs give sellers the opportunity to paid their obligated sales tax without punishment. ❓ Why do states enact sales tax amnesty? ▶️States can enact sales tax amnesty for various reasons: to promote extra money coming into the taxing authority sooner rather than later. Another reason could be to save on enforcement costs. Auditing can be expensive, and the more businesses that come forward honestly means the less time the auditors have to spend. ❓ When is Massachusetts' amnesty program? ▶️They are authorized to establish a 60-day amnesty program in fiscal year 2025 that ends no later than June 30, 2025. Returns due on or before December 31, 2024, are covered in the amnesty program. Penalties will be waived for failure to file a return or pay tax or estimated tax due for returns due on or before December 31, 2024. ❓ How do I qualify for the amnesty program? ▶️You must voluntarily file all proper returns and pay the full amount of tax and interest due by June 30, 2025. Read more about the program and how to qualify here: https://lnkd.in/gKrDcj8W #Amnesty #TaxTips #TaxNews

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Now is a great time to switch accountants if yours isn’t keeping up with the needs of your business. With tax season behind us, consider making a move by early September for a fresh start. Learn more: https://bit.ly/4e18Dnu #SmallBiz #accounting #CPA

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With 41% of U.S. small businesses owned by Baby Boomers, many are facing crucial decisions about their future. Whether you're looking to sell or transition, Scout M&A Advisory Services is here to help you make the most of your business's value. Partner with us to ensure a smooth and successful transition that honors the years of hard work you've put in. 🙌 💻 [email protected] #BusinessBrokerage #AthensBusiness #SellYourBusiness #BuyABusiness #GeorgiaBusinessBroker #BusinessForSale #BusinessOpportunity #AthensEntrepreneurs #BusinessInvestment #SellWithConfidence #BusinessBuyers #BusinessSelling #AthensGAInvest #SmallBusinessSale #LocalBusinessBroker #EntrepreneurialDreams #GeorgiaBusinesses #InvestInAthens #ExitStrategy #Athens #AthensGA #AthensBusinessBroker #BusinessBroker #AthensGeorgia

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Helping You Navigate Mergers & Acquisitions with Confidence Over $3 billion in successfully completed transactions through the Murphy System speaks volumes about our expertise in mergers and acquisitions. Our team of experienced advisors can answer all your questions, from business valuation and pricing to exit strategies, financing, and marketing. Request a free consultation today and let us guide you toward a successful outcome in your journey. https://1l.ink/VLRCNLC #mergersandacquisitions #businessvaluation #exitstrategy #financialadvisors #consultation

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This week on TrendsTalk, ITR Economist Taylor St. Germain discusses the latest jobs report from October. How is the tight labor market trending considering the demographic challenges? Tune in as Taylor advises businesses how to prepare for future growth despite the difficult labor situation. https://hubs.la/Q02XHwsS0

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Have questions about a Chapter 11 case? The CPMT team is available to represent parties in bankruptcy cases, and we are fully informed about how to navigate the newer laws that impact these cases. Connect with us today to learn more.

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Holding Company vs. Traditional Private Equity - Why should business owners consider a long-term option over a traditional private equity model? Check out the latest CPC Insight on Long-Term Value and the Growing Power of Perpetual Capital.

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Have questions about the Alternative Fuels Tax Credit (#AFTC)? Join The Transport Project for a FREE webinar on 4/25/24 at 2 pm EST. We'll discuss how to claim it and what we're doing to extend it. Register > https://lnkd.in/d3xRVZCG #CNG #RNG #LNG #fuel

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Succession planning is vital for the long-term health of your business. #WSFS’ John Ventura outlines key steps for creating a comprehensive plan. Discover how to safeguard your business' future.

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The Section 179 tax deduction offers companies a powerful tool for managing finances as they grow their businesses. For metal fabricators operating in a capital-intensive and highly competitive industry, this tax deduction is not just a benefit; it is a key component of long-term success and sustainability. To learn more about the Section 179 tax deduction, read our latest blog https://lnkd.in/g9WJidwA #Section179 #TaxDeduction #MetalFabShop #MetalFabrication #MetalWork #MachineTools #RMTBlog #RevolutionMachineTools #RMT

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Do you know what companies like yours are selling for in today's market? Discover average EBITDA multiples across 11 industry verticals, insights into pricing dynamics, and Capstone's outlook for middle market deal activity and valuation trends through 2024 in our latest Middle Market Valuations Index: https://lnkd.in/gVdy7Vga #mergersandacquisitions #mergersacquisitionsdivestitures #businessowners

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Donor-advised funds have grown dramatically in popularity due to their tax advantages, low administrative burden, and other factors, leading many private foundations and other charitable entities to convert. Learn more about the key steps required to convert: https://hubs.ly/Q02LwBHQ0

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In Philadelphia, local business taxes area hot topic of debate. Are some businesses and sectors hit harder than others? Which pay nothing at all? We dive deep into the city’s two business income taxes, providing roughly 16% of local tax dollars. Here are 3 key takeaways: 💰 Smaller businesses have a lower tax burden than big ones 🏘️Industry matters: Wholesale businesses face the highest effective tax rate (6.0%), while real estate, rental, and leasing companies have the lowest (2.1%) 💸Three-quarters of businesses don’t pay the main tax at all, because they don’t make enough money. For more details, read our full analysis, produced with William Penn Foundation. #Philadelphia #Taxes #SmallBusinesses https://pew.org/4eA1sUt

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Join Peter Viitre, CFE as he moderates a roundtable discussion on "More Than the Sum of Its Parts: Exploring the Role of a Seller’s Financial Advisor, CEO, and CFO," happening on Tuesday, October 29, 2024, from 3:00 PM - 4:00 PM. Whether you are a CEO, CFO, General Counsel, or Financial Advisor, this roundtable is for you! You will gain valuable insights on: - The contributions of a seller's financial advisor, CEO, and CFO in managing a deal - Key responsibilities and features of each role in the transaction process - How these specialists work together to ensure a smooth and successful transaction Don’t miss out—register now to secure your spot! https://lnkd.in/gEFT4QcB

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