Do you know where your business owes tax? In today’s post-Wayfair landscape, understanding nexus - the connection that triggers state tax obligations - is more important than ever. From physical presence to economic thresholds, affiliate relationships, and click-through referrals, states are expanding their reach. This article breaks down the types of nexus, what triggers them, and how pending federal legislation could reshape the rules again. Whether you sell online, offer remote services, or operate across state lines, this guide will help you stay informed and compliant.

The IRS has fundamentally changed how it audits partnerships - and every partnership, no matter how small, needs to pay attention. The Bipartisan Budget Act (BBA) created a centralized audit regime that shifts tax liability to the partnership itself, putting current partners at risk for past errors. This article explains the origin of the BBA, what it replaced, and the key actions every partnership should take to avoid costly surprises under the new audit rules.