American Apparel Files for Chapter 11 Bankruptcy

American Apparel, Los Angeles, filed for Chapter 11 bankruptcy today in the U.S. Bankruptcy Court for the District of Delaware. The company released a statement, announcing that it is implementing a pre-arranged financial restructuring agreement with 95 percent of its secured lenders.

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AIA Hosts Multigenerational GenNext Summit

Last week, Neenah, Wisconsin-based AIA hosted its first GenNext Summit for its influential affiliates, providing the opportunity to familiarize them with AIA’s National Support Center, to understand their needs and to share their visions for the future.

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Do I Have to Collect Sales Tax for Out-of-state Sales?

Question: Do I have to collect sales tax for out-of-state sales? It depends, and it’s complicated. State governments would like to collect as much sales tax as possible and, with declining revenues over the last several years, are looking to every possible source.

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