Insight Article
Illinois and New Jersey offer much needed guidance on section 965
As filing dates come closer and state legislative responses stall, more states are providing guidance on conformity to section 965.
Ideas & Insights
Tax Blog
Bobbleheads spring into Ohio sales and use tax
The best part of giveaways is that they are free to the fans – no increased ticket price, and more importantly, no sales tax! But does that mean ...
Tax Blog
Federal tax reform and the states: Conformity is key
With the passage of federal tax reform, both business and personal income taxpayers will need to consider how the federal changes will affect state...
Tax Blog
Texas sales and use tax benefits following Hurricane Harvey
In response to the devastation from Hurricane Harvey, the IRS, Texas and other states have provided guidance on extended filing deadlines. Texas ...
Tax Blog
Ohio CAT situsing: avoiding the hot tin roof with recent guidance
Recently, the Ohio Board of Tax Appeals issued a decision addressing the situsing of sales under the state’s Commercial Activity Tax (CAT). In ...
Tax Alert
Missouri delays sales tax assessments pursuant to IBM decision
Missouri delays implementation of IBM decision to allow time to address the extent of the sales and use tax manufacturing exemption.
Insight Article
California guidance on the Other State Tax Credit and deductions
Analyzing recent FTB guidance on determining whether a taxpayer can take a credit or deduction for taxes “paid” to another state.
Tax Alert
Illinois enacts first state budget since 2015
The budget increases personal and corporate tax rates, makes tax exemption and credit changes and revises the unclaimed property law.
Insight Article
Understand how Washington exempts imports from B and O tax
The State of Washington has provided statutory and regulatory guidance on the application of the B&O tax to import activity.
Tax Alert
Kansas legislature overrides veto on income tax revenue raisers
Revenue raisers will impact individuals and pass-through entities; many are retroactive to the beginning of 2017.
Insight Article
Net operating losses: One size does not fit all
Proper diligence when it comes to the state application of net operating losses can help maximize tax benefits and minimize errors.
Tax Alert
Tennessee bill enacts wide-ranging tax changes
Tennessee enacts Hall income tax and sales tax rate reductions, gas tax increases, single-sales factor election for manufacturers.
Tax Alert
Connecticut releases notice on single-sales factor and market sourcing
Department of Revenue Services provides guidance on recent legislative apportionment changes to the state business tax and income tax.
Tax Blog
State gross receipts taxes—a new trend in state tax law?
Facing the uncertainty of federal tax reform, and in addition to widespread budget deficits and lackluster economic growth, several states are ...
Tax Alert
District of Columbia mayor unveils 2018 budget—tax on digital products
Budget proposals include reducing the business income tax rate, increasing personal exemption rates and broadening the sales tax base.
Tax Blog
Nexus, apportionment and tax base: A state tax compliance trifecta
The federal tax code is notoriously complex, but a multi-state and local tax professional may find managing 51 state-level taxing jurisdiction and ...
Tax Alert
South Carolina issues guidance on taxable communication services
Department provides update to its comprehensive guidance on the sales and use taxability of various communication services.
Tax Alert
Pennsylvania removes provocative ruling on software support services
Pennsylvania Department of Revenue removes letter ruling on the taxability of previously nontaxable software support services.
Tax Alert
Michigan Department of Treasury explains impact of LaBelle Management
Department provides guidance to taxpayers affected by LaBelle Management decision, gives retroactive effect for all open tax years.
Insight Article
Illinois Supreme Court: Chicago’s vehicle lease tax unconstitutional
Lease tax ruling imposed on rental companies renting outside of Chicago violates the home rule provision of the Illinois Constitution.