Sharp Tax & Accounting Blog
Washington Court of Appeals Clarifies Semiconductor Use Tax Exemption
The Washington Court of Appeals ruled that natural gas used to grow semiconductor materials qualifies for the RCW 82.12.9651 use tax exemption, even without direct contact. The decision rejects the Department of Revenue’s narrow interpretation and expands clarity for semiconductor manufacturers.
Illinois Issues New Guidance on Marketplace Facilitators: What SaaS and Auction Platforms Need to Know
Illinois’ GIL ST 25‑0060‑GIL clarifies how Marketplace Facilitator rules apply to SaaS platforms, auction technology providers, and multi‑seller environments. The state takes a broad view of “facilitates” and “indirect payment processing,” meaning even optional payment links or listing tools may trigger facilitator obligations.
Understanding the New Draft W‑9 (2026): A Practical Guide for Small Businesses
Learn what’s changing in the IRS Draft Form W‑9 (2026), including new digital asset broker certifications and TIN clarifications for small businesses