Insight Article
Rhode Island enacts tax amnesty program
Amnesty period begins this winter, benefits include complete waiver of penalties, and partial waiver of interest.
Ideas & Insights
Tax Alert
North Carolina budget enacts changes to state income and sales taxes
North Carolina governor signed the state budget that included several changes to the state tax code.
Tax Alert
Virginia provides income tax benefits for expanding businesses
Eligible businesses may subtract certain property, payroll and sales from apportionment factors to reduce state taxable income.
Tax Alert
California updates withholding at source regulations
California Franchise Tax Board adopts final revised withholding at source regulations; related guidance and form instructions may be out of ...
Tax Alert
Illinois amends click-through nexus law
Illinois passes a bill to amend the click-through nexus law previously struck down by the Illinois Supreme Court.
Tax Alert
Maryland economic substance requirement for out of state affiliates
Maryland businesses with out-of-state subsidiaries should take note that these subsidiaries may not be shielded from Maryland corporate income tax.
Tax Alert
Massachusetts budget bill provides for fiscal year 15 tax amnesty program
Massachusetts has enacted a budget bill requiring the Commissioner of Revenue to offer a tax amnesty program in fiscal year 2015.
Tax Alert
Massachusetts court upholds 5 percent excise tax on satellite providers
Massachusetts Supreme Judicial Court affirms that state’s excise tax on satellite providers does not discriminate against interstate commerce.
Tax Alert
Massachusetts DOR publishes working draft on market-based sourcing rules
Draft revisions to Massachusetts’ apportionment regulations have been issued. These revisions provide guidance on the change to market-based ...
Tax Alert
Michigan court rules cloud computing is a nontaxable service
A Michigan court ruled that cloud computing is not subject to sales and use tax, creating potential refund opportunities for taxpayers.
Tax Alert
US Supreme Court declines to review MTC repeal
Michigan Supreme Court had declined to hear appeals over decision finding the state’s retroactive repeal of the MTC constitutional.
Tax Alert
Minnesota enacts Omnibus Supplemental Tax Bill
Minnesota passes yet another round of tax legislation, making across-the-board changes to sales and use, income, and property taxes.
Tax Alert
Missouri enacts offset program
Missouri legislation allows the state to enter into reciprocal agreements to intercept tax refunds and other payments to offset non-tax debts.
Tax Alert
Missouri legislators override veto of major tax cut package
Missouri legislators voted to override Governor Nixon’s veto of a personal income tax cut package, phasing in rate reductions and other benefits.
Tax Alert
New Jersey announces tax resolution program
New Jersey announces business and individual tax resolution program applicable to unpaid liabilities from 2005-2013.
Tax Alert
New Jersey announces two voluntary disclosure programs starting in March
New Jersey announced a two-month VDA period for programs related to intangible asset nexus and partnership tax, beginning March 15, 2014.
Tax Alert
New Jersey enacts tax reform legislation
New Jersey enacts Assembly Bill 3486, making significant corporate income tax changes and adopting click-through nexus for sales tax purposes.
Tax Alert
New York enacts sweeping tax reform legislation
New York Governor Andrew Cuomo has signed into law sweeping tax reform, radically revamping state taxation of corporations, banks and individuals.
Tax Alert
New York issues investment capital identification guidance
New York provides procedures for identifying stock as investment capital for the purposes of the state’s exemption for investment income.
Tax Alert
North Carolina enacts Omnibus Tax Bill
North Carolina Governor signs the Omnibus Tax Bill to enact major tax reforms, including sweeping changes to the state’s net economic loss deduction.