IRS waives penalty for using dyed diesel fuel on highways in several Louisiana parishes through Sept. 30, 2021.
IRS waives penalty for using dyed diesel fuel on highways in several Louisiana parishes through Sept. 30, 2021.
IRS postpones certain filing, payment and other deadlines for taxpayers affected by Hurricane Ida in New York and New Jersey.
Recent legislation extends the due date for the application from Sept. 15 to Dec. 1, allowing taxpayers more time to prepare.
Illinois becomes the latest state to adopt a pass-through entity tax as a workaround to the federal SALT deduction limit.
New guidance and dedicated website provide instruction to taxpayers electing into the pass-through entity tax workaround.
Small businesses that experienced losses in 2020 due to COVID-19 are eligible for grants ranging up to $250,000.
California FTB amends remote worker nexus guidance, teleworking employees will create nexus and exceed P.L. 86-272 protections.
The changes reduce the number of brackets, provide for future rate reductions and establish a rate cap for high-earners.
Individual income tax rate reductions and bracket changes will benefit taxpayers as well as favorable withholding changes.
A summary of important updates for determining deferred tax provision under ASC 740 for the quarter ending June 30, 2021.
Missouri is the final state to adopt an economic sales tax nexus standard following the 2018 South Dakota v. Wayfair decision.
Significant tax changes made to GILTI, bonus depreciation, net operating loss limitations and the phase-out of the state’s franchise tax.
Tax bill makes significant changes to rules affecting income taxes, inheritance taxes, credits, bonus depreciation and federal conformity.
The first-in-the-nation digital advertising tax is postponed for one year until 2022 while the state prepares regulations and guidance.
Nebraska enacts corporate income tax rate reductions over the next two years while promising more reductions in subsequent measures.
Oklahoma tax bills revise the corporate, pass-through entity workaround and individual income tax rates for 2022.
Washington bill applies a retroactive tax on captive insurance premiums covering in-state risks from Jan. 1, 2011.
New capital gains tax to be imposed at 7% on net gains of individuals in excess of $250,000 beginning Jan. 1, 2022.
Arkansas legislatively reverses the state’s convenience of the employer test used to determine taxation of nonresident employees.
Tax bill requires remote sellers with over $100,000 in sales in the state to collect and remit sales taxes beginning July 1, 2021.
In addition to market sourcing and single-sales factor apportionment, the state adopts a withholding threshold for certain mobile workers.
Budget bill increases personal and corporate tax rates, enacts a SALT deduction workaround and makes other changes to the tax code.
Findings will be used by the legislature to determine whether Virginia should adopt mandatory unitary combined filing.
Beginning for the April tax period, certain taxpayers are subject to advance payment requirements despite a longer return filing period.
A summary of important updates for determining deferred tax provision under ASC 740 for the quarter ending March 31, 2021.
The Iowa Department of Revenue advises taxpayers that Employee Retention Credit-related wage deduction reductions apply at the state level.
The new pass-through entity level tax may benefit some individuals subject to the $10,000 SALT deduction limitation.
The New Jersey Tax Court highlights the importance of understanding and complying with state tax appeal procedural responsibilities.
The Pennsylvania Department of Revenue has issued complex guidance for employees claiming home office expense during the pandemic.
Delaware notices advise businesses to either participate in the state’s unclaimed property VDA Program or be subject to an audit.
Tax bills provide Paycheck Protection Program conformity and revise pass-through entity election for s corporations.
IRS temporarily waives penalty for using dyed diesel fuel on the highways in Texas due to severe winter storm retroactive to Feb. 12.
The legislation significantly changes the corporate tax system and exempts certain COVID-19 relief from taxation.
First-of-its-kind gross receipts tax imposed on businesses deriving revenue of at least $1 million from digital advertising in Maryland.
A new nexus safe harbor is available for remote sellers making under $100,000 of sales to Chicago customers in the previous four quarters.
A Nebraska court found that two taxpayers who moved to the U.K. did not intend to abandon their domicile for state tax purposes.
Electing employers may withhold income tax from employee wages as if the wages were earned from work performed at a primary work location.
The Texas Comptroller of Public Accounts has finalized revised rules making significant changes to franchise tax apportionment.
New Jersey Gov. Phil Murphy has approved a bill that authorizes over $14 billion in business tax credits and incentives.
Taxpayers should plan accordingly as the states are aware of the increase in accounting methods changes due to recent federal changes.
Guidance permits tax relief for fuel removed from terminals in Milwaukee or Madison and entered into Green Bay terminals through 2021.
New Hampshire files challenge over Massachusetts regulation taxing telecommuting nonresidents with U.S. Supreme Court.
General Motors will refund Ohio $28 million in tax benefits after closing an assembly factory before the end of an incentives agreement.
Extension of corporate surtax and expanded millionaire’s tax assists New Jersey with significant budget deficit caused by the coronavirus.
IRS extended filing and paying deadlines and TTB updated disaster relief guidance for taxpayers affected by CA wildfires and IA derecho.
The Tennessee Department of Revenue issued guidance on the state’s conformity to section 163(j) of the Internal Revenue Code.
Taxpayers have until Sept. 15, 2020 to participate in the program that may reduce transfer pricing disputes and provide penalty waiver.
Eligible businesses that did not receive certain other COVID-19 relief may qualify for grants up to $250,000.
The department found the business did not engage in qualifying research or submit proper documentation to substantiate the claim.
Seattle payroll expense tax to be imposed on employee compensation of at least $150,000 for businesses with $7 million or more in payroll.
Taxpayers that properly secured a first extension may file a request for a second extension on or before Aug. 17, 2020.
California Office of Tax Appeals determined that a construction company could not use a resale certificate for material purchases.
Expanded eligibility ending Nov. 30, 2020 presents an opportunity for businesses to come into compliance with certain state taxes.
The revised sales tax nexus standards reduce the current $500,000 threshold to $100,000 beginning Oct. 1, 2020.
The state will decouple from the taxpayer-friendly interest expense and net operating loss provisions of the federal CARES Act.
Expansive tax bill provides taxpayer-friendly changes while balancing reduced tax revenue in the COVID-19 economy.
Fiscal year 2021 budget includes temporary tax changes in order to generate much needed revenue in the COVID-19 economy.
New York enacts legislation further decoupling New York City corporate and UBT taxes from certain CARES Act provisions.
Refundable credit receives taxpayer-friendly updates, including increased availability and extended application deadline and sunset dates.
Delaware notices advise businesses to either participate in the state’s unclaimed property VDA Program or be subject to an audit.
The Office of Tax Appeals determined that the taxpayer did not show that it undertook a process of experimentation.
President held personally liable for unpaid income tax withholding even after another corporate officer found responsible.
Services performed in Detroit for clients located outside the city should be sourced to Detroit for purposes of the city’s income tax.
The elective tax is intended as a state and local tax deduction limitation workaround, joining six other states with similar provisions.
When determining whether an S corp distribution is a dividend, Arkansas taxpayers must use state-specific AAA rather than federal AAA.
Taxpayer-friendly measures provide interest waivers, extension of limitations periods and assistance to impacted businesses.
The Arizona Court of Appeals upheld a lower court finding that a CEO was responsible for unremitted transaction privilege tax.
The COVID-19 pandemic may relieve recipients of tax incentives from the recapture provisions under the Nebraska Advantage Act.
Emergency regulations and technical guidance provide clarifications for telecommuter withholding and nexus safe harbors.
Maintaining static conformity to the IRC, Wisconsin adopts several taxpayer-friendly provisions of the federal CARES Act.
Remote programming employee directly impacted an Arkansas employer's ability to carry out its mission and purpose.
California-based employers have limited window to submit requests for cash grants from COVID-19 related employee training program.
The bills address the state's IRC conformity as it relates to new federal section 163(j) limitation rules, among other provisions.
Three recent cost of goods sold cases represent the highly nuanced nature of the Texas franchise tax calculation.
Delaware notices advise companies to either participate in the state’s unclaimed property VDA Program or be subject to an audit.
Last year’s service-based and advanced computing business surcharges receive significant makeover after public concern.
Online software products allowing remote access to a host computer as well as screen sharing capabilities were taxable.
New Jersey becomes the sixth state to adopt an entity-level tax establishing a workaround to the federal SALT deduction limitation.
The Texas Comptroller adopted a $500,000 economic nexus threshold for the state's franchise tax effective in 2020.
North Carolina joins more than 30 states adopting a marketplace facilitator nexus provision effective Feb. 1, 2020.
Pennsylvania Department of Revenue issues guidance that administratively implements economic nexus for corporate net income tax.
Arizona Supreme Court finds online travel companies must collect tax on service fees and mark-ups paid to book hotel rooms.
Beginning in 2020, some individual taxpayers working remotely in Illinois will have a 30-day safe harbor from the state income tax.
New Jersey Division of Taxation rescinds unpopular GILTI and FDII allocation guidance issued in December; new guidance expected shortly.
The state has indicated that it will enforce economic sales tax nexus on Oct. 1, 2019, without a minimum sales or transaction threshold.
The new pass-through entity level tax may benefit some individuals subject to the $10,000 SALT deduction limitation.
Marketplace facilitators liable for sales tax collection; budget compromises avoid certain proposed tax increases on businesses.
Minnesota’s long-awaited conformity bill presents new challenges for individual and corporate taxpayers; remote seller provisions modified.
District of Columbia OTR will no longer require an affirmation letter from an organization renewing its tax-exempt status.
Colorado adopts RUUPA with minor variations; shortens dormancy for many property types, and eliminates the standard deduction.
Justices express concern over North Carolina’s tax on the undistributed trust income earned for the benefit of a resident.
Budget bill address GILTI, qualified manufacturers, sales tax nexus, personal income tax rate extensions and property tax rate caps.
Tax bill reduces corporate tax rate and adopts single-sales factor apportionment and NOL changes; enacts remote sales tax provisions.
The New Jersey Division of Taxation's website for the mandatory registration of a combined group by its managerial member is now available.
Department clarifies that the high-technology data center equipment exemption is available to customers of data centers.
Legislation enacts Wayfair-styled economic sales tax nexus thresholds and marketplace facilitator provisions, effective July 1, 2019.
The IRS announced tax relief, including extended deadlines, for counties in NE and IA affected by the recent winter storm and flooding.
The IRS announced tax relief, including extended deadlines, to Lee County, Alabama, which was impacted by recent storms.
The bill decouples from the SALT deduction cap, increases the standard deduction and addresses GILTI and 163(j) income.
Sales and use tax registration and collection are required when a remote seller exceeds $300,000 of sales in over 100 transactions.
New Jersey Division of Taxation provides updates to its section 965 reporting procedures in an effort to streamline compliance obligations.
Rate reduction triggered after revenue metrics achieved; draft TCJA guidance published addressing the personal income tax.
Workaround aims to address the federal $10,000 SALT deduction cap; enacts economic nexus for out-of-state retailers.
Tax Amnesty program begins Nov. 15, 2018 and runs for 60 days; offers waiver of penalties and reduced interest.
The IRS announced tax relief, including extended deadlines, to certain California counties impacted by the wildfires.
South Dakota and the three online retailer taxpayers party to the Wayfair litigation reach an agreement to begin sales tax collection.
New Jersey enacts remote seller sales tax nexus provisions previously announced in guidance, effective Nov. 1, 2018.
The Georgia Department of Revenue has issued guidance on the state’s new economic sales tax nexus provisions effective Jan. 1, 2019.
Michigan Department of Treasury issues guidance regarding a purchaser’s successor liability for the unpaid taxes of an acquired business.
The IRS announced tax relief, including extended deadlines, to certain North Carolina counties impacted by Hurricane Florence.
The IRS has released preliminary information regarding relief for taxpayers and tax preparers in areas affected by Hurricane Florence.
Litigation preventing enforcement of Indiana’s economic sales tax nexus law ends as litigants settle with the department.
IRS’ attempt to re-characterize loan as a distribution from subsidiary’s earnings fails under debt-equity principles.
Washington state will require out-of-state businesses meeting a Wayfair-style sales or transaction threshold to collect sales tax.
The State of Pennsylvania has established a new R&D tax credit online application submission and processing portal.
Major provisions include the state response to federal tax reform, market-based sourcing, and a tax amnesty program.
Economic sales tax nexus laws permitted by the Court; physical presence sales tax nexus is no longer the Constitutional standard.
Provides additional considerations when determining a person’s residency, reinstates the direct appeal from Ohio BTA to Ohio Supreme Court.
The effort to impose a surtax on incomes over a million dollars would have generated an estimated two billion in yearly revenue.
Due to recent legislation, pass-through entities are now required to make estimated tax payments throughout the course of the tax year.
Illinois’ FY19 budget legislation easily passes the general assembly with minor tax changes, including sales tax nexus expansion.
State tax reform package includes two workarounds to the state and local tax deduction limitation; decouples from TCJA provisions.
Mayor expected to sign employee “head tax” on businesses with Seattle sourced taxable gross income exceeding $20 million.
Taxpayer appeals the Pennsylvania Supreme Court's remedy after finding the net loss carryforward unconstitutional.
Washington Department of Revenue encourages remote sellers to come forward by offering penalty reduction and limited look back.
Maryland continues single-sales factor apportionment adoption trend; includes five-year phase-in beginning with the 2018 tax year.
The Relieve High Unemployment Tax Incentives Act provides property tax abatements, employment tax credits and tenant credits.
The Franchise Tax Board issued the fourth and final report on the state’s conformity to the Federal Tax Cuts and Jobs Act of 2017.
Eligible businesses may subtract certain property, payroll and sales from apportionment factors to reduce state taxable income.
Responding to federal tax reform, New York addresses the state and local tax deduction and the new federal international tax provisions.
Indiana enacts law exempting the right to remotely access prewritten computer software from Indiana’s seven percent sales and use tax.
Nebraska aims to better understand its return on investment with improved performance auditing of tax incentives
Following up on another recent tax bill, Idaho updates conformity for 2018 tax years, and reduces personal and corporate tax rates.
California Franchise Tax Board issues first of three reports discussing implications of recent federal tax reform.
Alabama’s tax amnesty program will apply to most taxes, provide penalty and interest waiver, and run for three months beginning in July.
Michigan responds to federal tax reform, maintains and increases the state personal exemption for the 2018 tax year.
Virginia and West Virginia legislation aims to address state conformity with federal tax reform, but take markedly different approaches.
FTB provides state guidance on federal tax reform addressing the medical expense deduction, the SALT deduction and repatriation.
Tax incentives focused on job growth and investment, many of which have already expired, extended through budget legislation.
Commercial Rent Tax benefits include increase in tax exemption threshold amount and credit for certain lower rents and incomes.
The Ohio Supreme Court provides guidance on determining whether temporary labor is assigned on a permanent basis.
Employer leave-based donation programs let employees forgo personal leave in exchange for cash payments to charities for disaster relief.
Tax bill closes budget shortfalls by limiting net loss carryforwards and enacting remote seller and use tax reporting provisions.
Pennsylvania Supreme Court finds net loss carryforward limitation unconstitutional; severs fixed dollar amount cap.
The IRS has provided disaster relief, including retirement accounts, to the taxpayers affected by the wildfires in California.
California taxpayers located in several counties are eligible for disaster-related benefits such as filing and payment extensions.
The IRS announced tax relief to certain northern California counties impacted by the recent outbreak of wildfires.
Anticipated regulations address unclaimed property examinations; create deadlines for holders to convert examinations and enter into VDAs.
Retailer merchandise credits were similar to “gift certificates” and not subject to escheat under state’s unclaimed property law.
”Cookie nexus” regulation becomes effective following withdrawn policy directive; sales threshold measured from 12 months preceding Oct. 1.
Ohio Development Services Agency announces fiscal year 2018 workforce training program application period; $25,000 in maximum grants.
Wisconsin enacts legislation intended to promote growth in the state and close budget gaps with both tax reductions and increases.
The IRS expands tax relief for taxpayers and return preparers located in Georgia and affected by Hurricane Irma.
Illinois extends sunset of the Economic Development for a Growing Economy and Angel Investment tax credits for an additional five years.
The South Dakota Supreme Court rejects a law directly challenging Quill v. North Dakota’s physical presence nexus standard.
The IRS announcement describes relief for taxpayers and return preparers located with in the declared disaster areas.
Employee benefit plans affected by Hurricane Irma may find regulatory relief provided by the IRS, Department of Labor and PBGC.
IRS extends relief to additional taxpayers affected by Hurricane Harvey by adding to the list of eligible Texas counties.
Department of Taxation provides details on amnesty-eligible taxes, periods and disqualifications; explains payment procedures.
The amount of vacation, sick or personal leave that employees forgo for their employers to make a charitable contribution is not taxable.
Potential refund opportunities for taxpayers calculating a non-income tax using apportionment factors related to treaty-exempt income.
The IRS, Department of Labor and PBGC combine to offer regulatory relief for employee plans affected by Hurricane Harvey.
Taxpayers in designated Texas counties have until Jan. 31, 2018 to file certain tax returns and make certain tax payments.
The state has published a central portal for information related to the new remote seller provisions enacted by the recent budget bill.
Taxpayers in declared disaster areas are eligible for postponement of state tax payments under certain conditions.
Voluntary disclosure program targets remote sellers with click-through or referral arrangements with New Jersey parties.
MA high court unconvinced sales tax drop shipment rule discriminates against interstate commerce for nexus-established wholesaler.
Comptroller policy letter ruling addresses credit loss under late-filed reports and claiming a credit when a member leaves a combined group.
Missouri delays implementation of IBM decision to allow time to address the extent of the sales and use tax manufacturing exemption.
Washington state budget bill includes use tax notification and reporting requirements and economic nexus provisions for retailing B&O tax.
The budget increases personal and corporate tax rates, makes tax exemption and credit changes and revises the unclaimed property law.
Provides for tax amnesty program, eliminates low income tax brackets, and makes changes to a number of state taxes.
Changes to recent unclaimed property legislation provide for various technical clarifications, additional time for adoption of regulations.
Missouri bill exempts "usual and customary" separately stated delivery charges, providing consistent tax treatment to shipping charges.
Policy directive would have established sales tax nexus for remote vendors making over $500,000 of sales in 100 or more transactions.
General Assembly establishes two new agencies to replace Board of Equalization’s tax appeals and tax administration functions.
The first round of funding for the California Competes Tax Credit for FY 2017-18 opens July 24, 2017, and will close on Aug. 18, 2017.
Revenue raisers will impact individuals and pass-through entities; many are retroactive to the beginning of 2017.
Amnesty period begins in September 2017; benefits include complete waiver of penalties, interest and other collection fees.
Michigan Supreme Court had declined to hear appeals over decision finding the state’s retroactive repeal of the MTC constitutional.
Arizona enacts three bills providing favorable modifications to several existing state credits and incentives programs.
Bill establishes sales tax nexus for remote vendors making over $100,000 of sales or 200 or more separate transactions into the state.
Newly announced proposal draws heavily on President Trump’s campaign proposals; many critical details are not addressed.
Department of Revenue Services provides guidance on recent legislative apportionment changes to the state business tax and income tax.
2017 tax amnesty program will run for a 60-day period and offers waiver of penalties and half the interest due for eligible liabilities.
For California purposes, section 382 applies on a pre-apportionment basis, RBIGs, NUBIGs, RBILs and NUBILs on a post-apportionment basis.
Incentives package focuses on various income, property, and sales and use tax incentives for manufacturers adding jobs in the state.
Parties enter into settlement agreement shortly before a petition to the U.S. Supreme Court was due, ending the litigation.
Budget proposals include reducing the business income tax rate, increasing personal exemption rates and broadening the sales tax base.
Pennsylvania Department of Revenue removes letter ruling on the taxability of previously nontaxable software support services.
Department provides guidance to taxpayers affected by LaBelle Management decision, gives retroactive effect for all open tax years.
Remote sellers owning inventory held by Virginia fulfillment service providers now deemed to have sufficient activity for sales tax nexus.
Tax Tribunal affirms on rehearing that the rule calculating the taxes paid to other states credit was contrary to the authorizing statute.
Digital Marketing Associations (DMA) Colorado sales and use tax notice and information reporting saga ends in settlement.
FTB declines appeal of decision finding that 0.2 percent interest in a manager-managed LLC did not constitute ‘doing business’ in the state.
Tax reform legislation aimed to address cascading revenue shortfalls fails to survive governor’s veto, despite efforts to override.
Eligible taxpayers receive generous benefits including complete waiver of penalties and 50 percent waiver of interest.
Massachusetts Supreme Judicial Court previously affirmed its decision that held FIET sourcing rule did not violate internal consistency.
Universal Paid Leave Amendment Act of 2016 provides for one of the most expansive paid employee and family leave protections in the country.
Delaware enacts major unclaimed property reform, incorporating provisions from the RUUPA and addressing current challenges.
Taxpayer appeals to Supreme Court on ability to elect the MTC’s three-factor apportionment formula in calculating California franchise tax.
Pennsylvania Supreme Court to hear oral arguments in net loss carryforward limitation case, requests parties to consider Mount Airy decision.
Overrules commissioner’s tax avoidance arguments for taxpayers that followed letter of the law in claiming the election.
Tax bill will fund transportation projects with gas tax increase, also offering sales tax rate reductions and personal income tax benefits.
Twenty-three states challenge the escheat of MoneyGram official checks, claiming instruments should have escheated to state of purchase.
Complaint that Delaware’s unclaimed property law was preempted by federal law and audit requests were illegal search and seizures dismissed.
Illinois department adopts guidelines for rebutting the presumption that nexus is established through click-through agreements.
California FTB adopts market-based sourcing amendments clarifying sourcing of receipts from marketable securities and interest income.
Federal District Court finds that Delaware’s unclaimed property methodology and audit techniques violate substantial due process.
Indiana tax court finds a metal processor eligible for sales and use tax exemptions as a producer of scrap steel for sale.
Massachusetts reforms economic development incentive program and creates angel investor credit and college savings tax incentive program.
New York tax tribunal determines that a taxpayer with extensive Florida connections did not change domicile for 2007 tax year.
Pennsylvania enacts budget bill providing new sales tax on digital goods, tax amnesty program and return due date changes, among others.
Ohio enacts legislation exempting digital advertising services after release of department guidance interpreting those services as taxable.
Massachusetts Supreme Judicial Court holds that a trustee-bank is subject to the fiduciary income tax as an inhabitant of the Commonwealth.
Alabama’s economic sales and use tax nexus regulation providing substantial nexus to remote retailers receives its first challenge.
Michigan enacts amendments ending flow-through entity withholding for tax years beginning on or after July 1, 2016.
Connecticut enacts bills to implement market-based sourcing and unified apportionment methodology.
District of Columbia adopts second round of emergency legislation necessary to preserve 2016 reduced franchise tax rate.
Texas comptroller proposes retroactive rule amendments to narrow the application of the reduced retailer/wholesaler franchise tax rate.
Arizona enacts broadly applicable tax amnesty that provides for complete waiver of interest and penalties.
Arizona Gov. Doug Ducey completes action on all legislation passed this session, including a number of tax bills.
Colorado department responds to taxpayer’s request in determining LLC filing responsibilities.
Oklahoma Governor signs remote seller sales tax bill implementing attributional nexus rules and disclosure requirements.
New York advises seller that the sale of a tablet-based product that remotely accesses software is taxable as a sale of canned software.
Alabama court rules photography services are not subject to sales tax because the transfer of the photographs was incidental to the service.
Supreme Court of Ohio rules the state lacks jurisdiction to tax a nonresident individual on income from the sale of a pass-through interest.
New Jersey Tax Court rules that a taxpayer was required to add back related party interest expense because addback was not unreasonable.
Alabama Department of Revenue launches dedicated website for upcoming 2016 amnesty program and provides guidance regarding amnesty terms.
Nevada regulations provides some clarity regarding application of gross receipts tax.
Wisconsin legislation retroactively eliminates federal excise tax on heavy trucks and trailers from computation of sales tax base.
Missouri Supreme Court rules that direct mail items printed, and mailed into Missouri from, outside the state were not subject to use tax.
Texas Comptroller rules that cloud-based transaction facilitation services are not sourced to the state for franchise tax purposes.
Texas Supreme Court rules overall net losses cannot be used to offset other receipts for apportionment factor computation purposes.
Indiana enacts statutes found invalid as regulations, reinstating the previous sales tax treatment of time and materials contracts.
A significant unclaimed property decision by a California court may indicate a refund opportunity for retailers. Are there opportunities elsewhere?
Massachusetts DOR to hold a 60-day amnesty program commencing April 1, 2016 and ending May 31, 2016. This program is open to non-filers.
Michigan Court of Appeals rules that the Multistate Tax Compact apportionment election is available for Single Business Tax years.
U.S. Supreme Court denies certiorari in a case challenging California’s unclaimed property owner notification and escheatment requirements.
Colorado trial court rules that a holding company with no property or payroll of its own could not be included in its parent’s combined group.
Connecticut Gov. Daniel Malloy signs the state’s biennial budget and an implementer bill that revised numerous tax changes.
Michigan Court of Appeals upholds state’s retroactive repeal of the Multistate Tax Compact, taxpayer likely to appeal.
North Carolina enacts important corporate income and franchise tax, individual income tax and sales tax changes.
Chicago issues guidance regarding the taxability of nonpossessory computer leases and streaming movies and games.
Kansas DOR issues guidance allowing Kansas resident individuals to claim a credit against state income tax for local income and earnings taxes paid.
Wisconsin enacts legislation intended to promote growth and close budget gap with various tax increases and decreases.
Kansas enacts legislation intended to close budget gap with various tax increases and the establishment of a tax amnesty program.
Uber drivers are reclassified as employees rather than independent contractors subjecting Uber to employer regulatory and tax regimes.
The Georgia Tax Tribunal determines that Georgia resident individuals who own interests in flow-through entities may deduct Texas franchise tax paid.
New York provides procedures for identifying stock as investment capital for the purposes of the state’s exemption for investment income.
Ohio enacts budget bill, providing individual income tax cuts but implementing click-through nexus for sales tax purposes.
The Missouri Supreme Court rules that title transfers for sales tax purposes when goods are shipped out-of-state F.O.B. manufacturer.
Florida legislation provides communications and satellite services tax relief, expands sales tax exemptions and creates a sales tax holiday.
Maryland Tax Court finds corporation had nexus in the state because “enterprise dependence” existed with in-state subsidiaries.
The New York Tax Appeals Tribunal finds that a group of corporations were engaged in a unitary business and separate reporting distorted their income.
Missouri legislation allows the state to enter into reciprocal agreements to intercept tax refunds and other payments to offset non-tax debts.
Maryland, Missouri and Indiana enact a new round of broadly applicable state tax amnesty programs.
The U.S. Supreme Court has ruled that the Commerce Clause requires a state to provide residents a credit for taxes paid to other states.
Indiana enacts multiple bills with a significant impact on the state’s income tax, sales and use tax and personal property tax.
Missouri amends alternative apportionment formula to clarify sourcing rules applicable to sales other than tangible personal property.
North Dakota enacts law to allow corporations to elect to phase in single sales factor apportionment for tax years beginning after Dec. 31, 2015.
Missouri enacts broadly applicable tax amnesty program that will run from Sept. 1, 2015, through Nov. 30, 2015.
New York amends New York City’s general corporate tax structure to bring it into partial conformity with New York’s 2014 state-level reforms.
Maryland enacts tax amnesty program that applies to nonfilers and taxpayers that underreported or underpaid a wide variety of state and local taxes.
Arkansas amends personal income tax relief bill and gradually restores 50 percent net capital gains exemption.
Taxpayer settles constitutional challenge to Oklahoma corporate income tax capital gains deduction.
Colorado DOR finds that a company’s sales of enterprise electronic messaging services to Colorado customers are not subject to sales and use tax.
U.S. District Court allows unclaimed property holder to continue suit alleging Delaware’s escheat estimation methods violate the U.S. Constitution.
New York MCTMT returns for tax year 2014 are due by April 30, 2015, after which taxpayers will file MCTMT with their personal income tax returns.
Arizona enacts legislation to establish broadly applicable tax amnesty running from Sept. 1, 2015, through Oct. 31, 2015.
For the first time in several years, a Massachusetts tax amnesty program will include corporate excise taxes. The exact program date has not been ...
Illinois passes a bill to expand applicability of the insurance self-procurement tax to previously exempt Illinois-based middle market companies.
San Francisco to fully phase out payroll tax by 2018. Final first year payment of gross receipts tax under Proposition E is due March 2, 2015.
Tax court finds utilities consumed in rehabilitating used tanker trailers are not exempt. Sales tax is due on electricity and natural gas purchases.
New York tribunal finds online travel company’s receipts were more properly sourced as services to the location where performed by seller.
Pennsylvania DOR issues guidance regarding the sourcing of receipts from sales of services and intangibles.
As 2014 drew to a close, Governor Kasich signed several pieces of legislation into law, impacting a wide variety of Ohio taxes.
The California FTB has approved a staff request to finalize proposed changes to the state’s sales factor market-based sourcing rules.
The California Franchise Tax Board recently introduced a new annual filing requirement to track deferred section 1031 gain from California property.
Wisconsin DOR provides additional guidance regarding mandatory state basis adjustments related to federal bonus depreciation.
New York Tribunal holds taxpayers can file combined returns solely because combination is necessary to avoid distortion.
The California Franchise Tax Board announced it is moving forward with amendments to the state’s partnership income apportionment regulations.
Stay up to date on the frequent changes related to Colorado’s out of state seller use tax regulations.
Illinois passes a bill to amend the click-through nexus law previously struck down by the Illinois Supreme Court.
The Illinois Manufacturer’s Purchase Credit and Graphic Arts Machinery and Equipment Exemption were not extended and will end Aug. 30, 2014.
California Franchise Tax Board adopts final revised withholding at source regulations; related guidance and form instructions may be out of ...
New Jersey enacts Assembly Bill 3486, making significant corporate income tax changes and adopting click-through nexus for sales tax purposes.
North Carolina Governor signs the Omnibus Tax Bill to enact major tax reforms, including sweeping changes to the state’s net economic loss deduction.
A Michigan court ruled that cloud computing is not subject to sales and use tax, creating potential refund opportunities for taxpayers.
Arizona legislation extends sales tax exemption to the purchase of electricity and natural gas by businesses with manufacturing or smelting ...
Maryland businesses with out-of-state subsidiaries should take note that these subsidiaries may not be shielded from Maryland corporate income tax.
New York Governor Andrew Cuomo has signed into law sweeping tax reform, radically revamping state taxation of corporations, banks and individuals.
An Illinois appellate court rules resident trust classification of decanted Illinois trust violates the due process clause of the U.S. Constitution.
North Carolina subjects certain sales of service contracts covering the repair or maintenance of tangible personal property to sales tax.