SproutNews logo

Klug Law Office PLLC Reports on the Supreme Court State Sales Tax Ruling

Companies need to comply with all tax laws, international and domestic, and the team at the firm is ready to help with doing so, Klug Law Office PLLC announces

Washington, DC – July 18, 2018 /MarketersMedia/

Businesses are wondering how the latest Supreme Court ruling will impact their business. On June 21, the Court ruled that online retailers might now be required by states to collect sales tax even in those states where they don’t have a physical presence. As a result, businesses of every size could find they are scrambling to fulfill this requirement, and Klug Law Office PLLC may be of help. Individuals may find more on this ruling at https://www.usatoday.com/story/news/politics/2018/06/21/supreme-court-allows-sales-taxes-online-purchases/699556002/.

“Every business must be aware of new tax laws that are put into place and ensure they remain in compliance. A business tax attorney may be of assistance with this and numerous other domestic taxation issues. Furthermore, this ruling could impact international sellers, as many are not required to charge sales tax on items if they have no physical presence in the United States. For this reason, every business should work with an international tax attorney to learn if they will be impacted and, if so, how,” Christopher Klug, founder of Klug Law Office PLLC, explains.

However, not every business will be negatively impacted by this decision. Local businesses find this evens the playing field, as their online competitors must now abide by the same tax laws as they do. A small business must determine how they can best benefit from the decision and the attorney can be of help with this.

“Thanks to the recent Tax Cuts and Jobs Act, businesses were finding a number of ways to maximize profits while minimizing their tax burden. Many of these same organizations are now wondering how the ruling will impact the changes they made. This is only one of the questions that could arise as a result of the Court’s decision and we are here to answer them,” Klug continues.

Furthermore, individuals need to ensure their estate is properly set up before their demise. Tax law will play a role in this, and every business owner needs to obtain legal advice to protect their assets and hard work. Klug Law Office PLLC is here to assist with this task also.

“People often don’t understand the differences between domestic estate planning and international estate planning. As a result, their heirs are left with an unexpected tax bill, one that significantly reduces their inheritance. Don’t let this happen. We are ready to assist with all of your tax and estate planning needs. Contact us today,” Klug recommends.

About Klug Law Office PLLC:

Klug Law Office PLLC focuses on international and domestic taxation, business, and individual tax planning, tax audit, litigation and resolution, business law and cross-border transactions, and wealth and estate planning. The firm is committed to its clients and to providing highly customized advice and documents, prompt attention, and client-focused service.

Contact Info:
Name: Christopher Klug
Email: info@klugtaxlaw.com
Organization: Klug Law Office PLLC
Address: Klug Law Office PLLC 1001 G Street, NW Suite 800 Washington, DC 20001
Phone: 202-661-2179

Source URL: https://marketersmedia.com/klug-law-office-pllc-reports-on-the-supreme-court-state-sales-tax-ruling/380294

For more information, please visit https://klugtaxlaw.com/about-us/

Source: MarketersMedia

Release ID: 380294

Go Top