Ideas & Insights

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.

The legislation clarifies that the tax is a tax on the pass-through entity itself and applies to nonresidents.

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.

The program, scheduled to expire on Dec. 31, 2020, received a five-year extension under the recent federal spending bill.

In line with decades of case law and rulings, IRS ruling looks to benefits and burdens of ownership to determine tax ownership.

New Hampshire files challenge over Massachusetts regulation taxing telecommuting nonresidents with U.S. Supreme Court.

Annual license renewals will be required for certain taxes, including the sales tax, sellers use tax and the simplified sellers use tax.

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.

A recent proposal would simplify how private-company franchisors analyze their performance obligations in accordance with ASC 606.

Delaware letters advise companies to either participate in the state’s unclaimed property VDA Program or be subject to an audit.

Legislation adopts several new credit and incentives programs as well as creates a new property tax incentive.