Ideas & Insights

Updated emergency regulations and revised guidance explains the duration of COVID-19 nexus and withholding policies.

Tax planning opportunities for consideration in light of COVID-19, the resulting economic crisis, and evolving tax laws and regulations.

Ten-year net deferred tax liability deduction may be claimed beginning in 2023 as long as Form DT-1 is timely filed by July 1, 2020.

The federal five-year NOL carryback may have substantial ramifications on state income tax returns beyond simple conformity.

The decision may impact sourcing positions taken by the financial service industry for New York State and New York City tax purposes.

State tax cash-flow maximization and risk minimization are available for private equity groups and their portfolio companies.

Employees working remotely due to the COVID-19 pandemic may result in income tax consequences to both the employee and the employer.

State and local tax filing and penalty relief guidance in response to COVID-19 has accelerated as deadlines approach.

Law firms and professional services businesses are experiencing challenges with the COVID-19 pandemic, creating state and local tax issues.

Federal and state governments and taxing authorities are beginning to offer relief to businesses impacted by COVID-19.

Massachusetts rejects change in domicile after Florida home purchase, driver’s license change and new voter registration.

Fund management companies face difficult challenges in determining their state income tax filing obligations and apportionment rules.

Three states have prescriptions for opioid taxes on manufacturers and distributors. Here’s what you need to know.

The Michigan Department of Treasury issued a letter ruling detailing the sales tax treatment of various information services.

The FTB ruled that limited partnerships disregarded for federal income tax purposes are not subject to minimum tax or filing requirements.

Market-based sourcing effective for periods ending on or after Dec. 31, 2021, for the Business Enterprise Tax and the Business Profits Tax.

Recent activity among state and local gross receipts taxes may signify that a historic approach to taxation is ready to be a new trend.

Washington Court of Appeals determined the graduated income tax to be impermissible under a uniformity requirement.

Pass-through entity tax election for the 2019 tax year due June 28, 2019; election window will close until next calendar year.

Alabama makes significant reforms to the Financial Institution Excise Tax by establishing estimated payments and redefining net income.