Ideas & Insights

Four states have adopted or are considering budgets without significant tax increases even considering pandemic shortfalls.

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

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

Favorable classification available for retailers selling private label products and consumer products companies using contract manufacturing

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

The supplemental budget bill addresses the inclusion of global intangible low-taxed income for personal and corporate income tax purposes.

The effort to impose a surtax on incomes over a million dollars would have generated an estimated two billion in yearly revenue.

Potential refund opportunities for taxpayers calculating a non-income tax using apportionment factors related to treaty-exempt income.

Massachusetts Supreme Judicial Court previously affirmed its decision that held FIET sourcing rule did not violate internal consistency.

California biotech firm sees larger corporate tax bill after Massachusetts high court determination that it was engaged in manufacturing.

Massachusetts Supreme Judicial Court holds that a trustee-bank is subject to the fiduciary income tax as an inhabitant of the Commonwealth.