Ideas & Insights

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.

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.

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.

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

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.

The Community Development Financial Institutions Fund announces over $3.5 Billion in New Markets Tax Credit allocation.

Taxpayers that properly secured a first extension may file a request for a second extension on or before Aug. 17, 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.