Tax Alert
State tax law changes for the first quarter of 2021
A summary of important updates for determining deferred tax provision under ASC 740 for the quarter ending March 31, 2021.
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Ideas & Insights
Insight Article
D.C. eliminates terminating business exclusion for UBT
Effective Jan. 1, 2021, the long-standing terminating business gain exclusion for unincorporated business tax purposes is eliminated.
Tax Blog
D.C. modifies qualified high tech company indirect tax exemption process
Effective Nov. 1, 2017, the District of Columbia Office of Tax and Revenue has revised the Qualified High Tech Company (QHTC) sales and use tax ...
Tax Alert
District of Columbia mayor unveils 2018 budget—tax on digital products
Budget proposals include reducing the business income tax rate, increasing personal exemption rates and broadening the sales tax base.
Tax Alert
District of Columbia Mayor Bowser allows paid leave bill to become law
Universal Paid Leave Amendment Act of 2016 provides for one of the most expansive paid employee and family leave protections in the country.
Tax Blog
D.C. moves one step closer to eliminating so-called "tampon tax"
The District of Columbia has joined the growing movement towards putting an end to the “tampon tax” – a sales tax on tampons and other feminine ...
Tax Alert
District of Columbia ensures franchise tax reduction
District of Columbia adopts second round of emergency legislation necessary to preserve 2016 reduced franchise tax rate.