Dover Dixon Horne PLLC

At Dover Dixon Horne PLLC, we help clients achieve a business objective, realize a creative solution to a problem, or advance a legal strategy for protecting their business. Whether we are working with a family-owned, privately-held or publicly-traded company, our attorneys strive to develop a deep understanding of their clients’ culture, business and goals and objectives to inform their legal counsel.

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Arkansas Tax & Incentives Update
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So far Arkansas is taking a limited approach to tax deadline extensions, with the relief focused on individuals and small businesses: 2019 individual, passthrough, and fiduciary/estate income tax returns and payments extended to July 15. 2019 corporate income tax returns not extended. 2020 income tax estimated payments not extended (including estimated payments for individuals). Sales tax or excise tax reporting and payment deadlines not extended. Franchise tax late payment penalties and interest waived if filed and paid by July 15.…
With the demand for COVID decontamination on the upswing, businesses providing COVID-19 cleaning or sterilization services in Arkansas should consider the sales taxability of such services.  Arkansas taxes cleaning and janitorial services.  Ark. Code Ann. § 26-52-301(3)(D)(i)(b); Gross Receipts Tax Rule GR-9.4.  DFA’s applied interpretation of cleaning is sometimes broader than ordinary janitorial services; for example providers of industrial cleanup services may be surprised to see DFA take the position that such services are…
In a shift from offense to defense, the Arkansas Economic Development Commission (AEDC) is redeploying funds typically used for job creation projects to instead support existing Arkansas businesses that are being hurt by the economic slowdown associated with the coronavirus outbreak.  The state is offering bridge loans, generally of up to $250,000, to businesses.  The funds come from two pools of money normally used for job creation economic development grants: the state Quick Action Closing Fund…
Charitable nonprofits in Arkansas need to be aware of the “otherwise performed by the government” test applied by Department of Finance and Administration (DFA) for sales tax exemption, as illustrated by recent DFA opinion letters.  This test is more stringent than that applied by the IRS for 501(c)(3) status, and nonprofits may face sales tax exposure, especially on their fundraising sales including fundraising dinners or events.  With property tax exemption rules and guidelines to be forthcoming soon,…
The recent Administrative Decision of the Arkansas Department of Finance and Administration Office of Hearings and Appeals in dockets 20-109 and 20-110 (Dec. 9, 2019) highlights the challenge involved obtaining a refund on an amended return claiming an exception to the addback statute.  Intercompany interest charges face substantial scrutiny.  Taxpayers need to be prepared to provide comprehensive documentation to claim the arm’s length exception to add-back, particularly if the intercompany interest is at a higher rate…