Ideas & Insights

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

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

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

The future of state and local incentives in a post-pandemic economy will be highly influenced by remote workforces – states may act soon.

An executive order was issued directing the deferral of payroll tax payments. Follow up guidance from the Treasury Department is expected.

New legislation allows nonprofit employers to pay 50% of their unemployment reimbursing payment obligations to states.

Seattle payroll expense tax to be imposed on employee compensation of at least $150,000 for businesses with $7 million or more in payroll.

Depleted trust fund balances due to COVID-19 may cause state legislatures to act now to prevent further reductions.

President held personally liable for unpaid income tax withholding even after another corporate officer found responsible.

Employers should use the updated Form 941 to properly report new CARES Act and FFCRA credits beginning in the second quarter of 2020.

Emergency regulations and technical guidance provide clarifications for telecommuter withholding and nexus safe harbors.

Many employers are transitioning to virtual internship programs due to the COVID-19 crisis. Understand the state and local tax consequences.

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

Employer social security payroll tax payment deferral for taxes incurred from March 27th through Dec. 31, 2020.

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.

Six weeks after enacting significant tax changes, the Utah legislature and governor repealed the entire tax reform package.

Taxpayers with filing deadlines should carefully consult state taxing authority rules and regulations on timing filings.

Amnesty programs will run through Nov. 15, 2019, and offer qualifying taxpayers complete waiver of interest and penalties.

Rate reduction triggered after revenue metrics achieved; draft TCJA guidance published addressing the personal income tax.