Ideas & Insights

In addition to market sourcing and single-sales factor apportionment, the state adopts a withholding threshold for certain mobile workers.

Budget bill increases personal and corporate tax rates, enacts a SALT deduction workaround and makes other changes to the tax code.

Findings will be used by the legislature to determine whether Virginia should adopt mandatory unitary combined filing.

Beginning for the April tax period, certain taxpayers are subject to advance payment requirements despite a longer return filing period.

Construction firms forced to reduce or cancel operations by jurisdictional order may meet employee retention credit eligibility requirements

Discover the common triggers that lead to unclaimed property audits; learn the tactics to get ahead of the curve and mitigate risk.

A roundup of recent tax law changes and other income tax provision considerations 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.

Comprehensive legislation addresses conformity, Paycheck Protection Program expense deduction, CAT exclusions and pass-through withholding.

This Alert describes and explains the postponement of certain federal tax filing and payment deadlines in IRS Notice 2021-21.

Kentucky passes a series of tax bills intended to attract cryptocurrency miners with new exemptions and credits.

The Iowa Department of Revenue advises taxpayers that Employee Retention Credit-related wage deduction reductions apply at the state level.

The new pass-through entity level tax may benefit some individuals subject to the $10,000 SALT deduction limitation.

The New Jersey Tax Court highlights the importance of understanding and complying with state tax appeal procedural responsibilities.

The Pennsylvania Department of Revenue has issued complex guidance for employees claiming home office expense during the pandemic.

Governor Ned Lamont has signed legislation retroactively providing COVID-related business nexus and personal income tax relief for 2020.

Shedding light on recent Texas tax law developments and how the business environment can impact taxpayers in any state.

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.

Colorado enacts law restoring certain deductions related the to the CARES Act for both business and individual taxpayers.