Tax Alerts
Tax Briefing(s)
2025 Year-End Tax PlanningOne Big Beautiful Bill Act (Signed Into Law July 4, 2025)2025 Post-Filing Season Update
IRS-CI Annual Report Highlights Significant Increase in Financial Crime Detection for FY25 (IR 2025-120)
IRS Criminal Investigation released its Fiscal Year 2025 Annual Report highlighting significant gains in identifying global financial crime. The agency reported a substantial increase in investigative...
IRS Criminal Investigation released its Fiscal Year 2025 Annual Report highlighting significant gains in identifying global financial crime. The agency reported a substantial increase in investigative...
IRS Seeks Public Comment on Proposed Voluntary Disclosure Practice Updates (IR 2025-124)
The IRS opened a 90-day public comment period to seek input on proposed updates to its Voluntary Disclosure Practice intended to simplify compliance requirements and standardize penalties. The proposa...
The IRS opened a 90-day public comment period to seek input on proposed updates to its Voluntary Disclosure Practice intended to simplify compliance requirements and standardize penalties. The proposa...
Information Letters Released by IRS (INFO 2025-0006—2025-0008)
IRS information letters have been released by the IRS National Office in response to a request for general information by taxpayers or by government officials on behalf of constituents or on their own...
IRS information letters have been released by the IRS National Office in response to a request for general information by taxpayers or by government officials on behalf of constituents or on their own...
Applicable Dollar Amount for Health Insurance Plan Fees Announced (Notice 2025-61)
The IRS has announced that the applicable dollar amount used to calculate the fees imposed by Code Secs. 4375 and 4376 for policy and plan years that end on or after October 1, 2025, and before Oc...
The IRS has announced that the applicable dollar amount used to calculate the fees imposed by Code Secs. 4375 and 4376 for policy and plan years that end on or after October 1, 2025, and before Oc...
Partnership Claimed Deduction for Wrong Year, Penalties Imposed (Corning Place Ohio LLC., CA-6)
A partnership (taxpayer) was denied a deduction for an easement donation related to a property (P1). The taxpayer claimed the deduction for the wrong year. Additionally, the taxpayer (1) substantially...
A partnership (taxpayer) was denied a deduction for an easement donation related to a property (P1). The taxpayer claimed the deduction for the wrong year. Additionally, the taxpayer (1) substantially...
AL - Town of Coker increases general sales and use tax rate
The Town of Coker announced that, effective January 1, 2026, its general sales and use tax rate will increase from 2 percent to 3 percent. All other rates will remain the same. Local Tax Notice, Alab...
The Town of Coker announced that, effective January 1, 2026, its general sales and use tax rate will increase from 2 percent to 3 percent. All other rates will remain the same. Local Tax Notice, Alab...
AK - Integrated transmission systems legislation enacted
Alaska has enacted legislation creating new energy incentives by extending tax-exempt statutes to independent power producers. An electricity generation facility or electricity storage facility that i...
Alaska has enacted legislation creating new energy incentives by extending tax-exempt statutes to independent power producers. An electricity generation facility or electricity storage facility that i...
AZ - Local tax rate table released
Arizona's Department of Revenue released the transaction privilege tax (TPT) rate chart effective January 1, 2026. There are noted changes for previously announced tax rates changes for Holbrook, Phoe...
Arizona's Department of Revenue released the transaction privilege tax (TPT) rate chart effective January 1, 2026. There are noted changes for previously announced tax rates changes for Holbrook, Phoe...
AR - Federal funding does not make medical clinic equipment exempt
The Arkansas Attorney General's office has opined that a medical clinic does not qualify for exemption from business personal property taxes because property was purchased using federal grant funds. H...
The Arkansas Attorney General's office has opined that a medical clinic does not qualify for exemption from business personal property taxes because property was purchased using federal grant funds. H...
CA - LLC tax owed; per-partner late filing penalty not properly imposed
A single-member LLC owed the $800 annual minimum California tax for the taxable year ending December 31, 2020. It argued that it did not owe the tax because it did not conduct business in 2020 and rec...
A single-member LLC owed the $800 annual minimum California tax for the taxable year ending December 31, 2020. It argued that it did not owe the tax because it did not conduct business in 2020 and rec...
CO - Changes to tax rates effective from January 1, 2026
The Colorado Department of Revenue announced changes to sales and use tax rates for various jurisdictions, effective January 1, 2026.State Tax ChangesThe state sales and use tax rate remains at 2.9% w...
The Colorado Department of Revenue announced changes to sales and use tax rates for various jurisdictions, effective January 1, 2026.State Tax ChangesThe state sales and use tax rate remains at 2.9% w...
CT - 2026 guidance issued on withholding requirements
Updated guidance is issued, effective for calendar year 2026, regarding Connecticut personal income tax withholding requirements for individuals. The Connecticut Department of Revenue Services advises...
Updated guidance is issued, effective for calendar year 2026, regarding Connecticut personal income tax withholding requirements for individuals. The Connecticut Department of Revenue Services advises...
DE - Guidance issued on OBBBA decoupling
Delaware issued guidance on corporate and personal income tax changes decoupling from parts of the federal One Big Beautiful Bill Act (OBBBA). For businesses taxed as corporations, the state decoupled...
Delaware issued guidance on corporate and personal income tax changes decoupling from parts of the federal One Big Beautiful Bill Act (OBBBA). For businesses taxed as corporations, the state decoupled...
DC - District continues to decouple from federal provisions
The District of Columbia has passed temporary legislation to decouple income and franchise tax provisions from federal provisions. The temporary act is the same as emergency legislation passed earlier...
The District of Columbia has passed temporary legislation to decouple income and franchise tax provisions from federal provisions. The temporary act is the same as emergency legislation passed earlier...
FL - Update issued regarding new eFile and pay system
As previously reported, beginning December 1, 2025, the Florida Department of Revenue transitioned sales and use tax, solid waste fees and surcharges, and the prepaid wireless fee to a new eFile and p...
As previously reported, beginning December 1, 2025, the Florida Department of Revenue transitioned sales and use tax, solid waste fees and surcharges, and the prepaid wireless fee to a new eFile and p...
GA - Employer withholding guide updated for 2026
Georgia issued a revised guide for employer withholding tax requirements for tax year 2026. It confirms the state income tax rate remains at a flat rate of 5.19%, which employers must withhold. The gu...
Georgia issued a revised guide for employer withholding tax requirements for tax year 2026. It confirms the state income tax rate remains at a flat rate of 5.19%, which employers must withhold. The gu...
HI - 2025 tax tables released
The 2025 tax tables that must be used to determine Hawaii individual income tax for persons with taxable income of less than $100,000 have been released. 2025 Tax Tables, Hawaii Department of Taxatio...
The 2025 tax tables that must be used to determine Hawaii individual income tax for persons with taxable income of less than $100,000 have been released. 2025 Tax Tables, Hawaii Department of Taxatio...
ID: Reminder issued on exemption for small sellers
daho residents are reminded about previously enacted legislation that provides a sales and use tax exemption for certain small sellers with annual sales of $5,000 or less. The exemption is effective J...
daho residents are reminded about previously enacted legislation that provides a sales and use tax exemption for certain small sellers with annual sales of $5,000 or less. The exemption is effective J...
IL - 2026 withholding payment and return deadlines issued
Illinois issued guidance providing the 2026 deadlines for semi-weekly, monthly, and quarterly withholding tax payments and returns. Publication 131-D, Illinois Department of Revenue, January 2026...
Illinois issued guidance providing the 2026 deadlines for semi-weekly, monthly, and quarterly withholding tax payments and returns. Publication 131-D, Illinois Department of Revenue, January 2026...
IN - Updated guidance issued on withholding requirements on riverboat gaming winnings
Updating guidance is issued regarding requirements on withholding individual income tax on winnings from riverboat gaming. Included in the notice is a discussion of a safe harbor for withholding on sl...
Updating guidance is issued regarding requirements on withholding individual income tax on winnings from riverboat gaming. Included in the notice is a discussion of a safe harbor for withholding on sl...
IA - Guidance for impact on employee withholding tax released
The Iowa Department of Revenue has released updated guidance on the One Big Beautiful Bill Act (P.L. 119-21) impact on employee withholding tax. The Act allows for no tax on tips, no tax on overtime, ...
The Iowa Department of Revenue has released updated guidance on the One Big Beautiful Bill Act (P.L. 119-21) impact on employee withholding tax. The Act allows for no tax on tips, no tax on overtime, ...
KS - Local transient guest tax rate changes announced
Kansas announced local transient guest tax rate changes for the third quarter of 2025. Effective beginning January 1, 2026, the transient guest tax rate is:8% in the City of Lawrence; and9% in the cit...
Kansas announced local transient guest tax rate changes for the third quarter of 2025. Effective beginning January 1, 2026, the transient guest tax rate is:8% in the City of Lawrence; and9% in the cit...
KY - Rent-to-own household goods not exempt
Rent-to-own household goods were not exempt from property taxation under the Kentucky Constitution because the customers did not own the goods. The household goods exemption in the constitution requir...
Rent-to-own household goods were not exempt from property taxation under the Kentucky Constitution because the customers did not own the goods. The household goods exemption in the constitution requir...
LA - Motion picture production tax credit emergency rules extended
The Louisiana Office of Economic Development has extended emergency rules for the motion picture production tax credit against corporate and personal income taxes. The emergency rules, originally effe...
The Louisiana Office of Economic Development has extended emergency rules for the motion picture production tax credit against corporate and personal income taxes. The emergency rules, originally effe...
ME - Bulletin on sales and use for vehicle dealers updated
The Maine Revenue Services has issued an instructional bulletin for vehicle dealers, providing them instructions related to sales and leases of motor vehicles, snowmobiles, all-terrain vehicles (ATVs)...
The Maine Revenue Services has issued an instructional bulletin for vehicle dealers, providing them instructions related to sales and leases of motor vehicles, snowmobiles, all-terrain vehicles (ATVs)...
MD - Legislative changes to rates, deductions summarized
The Maryland Comptroller has issued a Tax Alert summarizing personal income tax rate and standard deduction amount changes made during the 2025 legislative session.Beginning after 2025, the maximum lo...
The Maryland Comptroller has issued a Tax Alert summarizing personal income tax rate and standard deduction amount changes made during the 2025 legislative session.Beginning after 2025, the maximum lo...
MA - Tax exemption announced for live-in personal care attendants
Massachusetss Gov. Maura Healey announced that Personal Care Attendants (PCAs) in Massachusetts will now be exempt from both state and federal income taxes on earnings for providing care to MassHealth...
Massachusetss Gov. Maura Healey announced that Personal Care Attendants (PCAs) in Massachusetts will now be exempt from both state and federal income taxes on earnings for providing care to MassHealth...
MI - Oil and gas fee announced
The Michigan Department of Treasury has announced that the oil and gas fee remains 1.0% for calendar year 2026. Notice, Michigan Department of Treasury, January 6, 2026...
The Michigan Department of Treasury has announced that the oil and gas fee remains 1.0% for calendar year 2026. Notice, Michigan Department of Treasury, January 6, 2026...
MN - Updated guidance explains how reciprocity agreements affect withholding tax requirements
Minnesota updated its guidance explaining how reciprocity agreements with North Dakota and Michigan affect Minnesota withholding tax requirements. The guidance explains that employees can be eligible ...
Minnesota updated its guidance explaining how reciprocity agreements with North Dakota and Michigan affect Minnesota withholding tax requirements. The guidance explains that employees can be eligible ...
MS - Slot machine winnings withholding threshold increased
Mississippi issued guidance on personal income tax withholding for gaming winnings at state gaming establishments. Effective January 1, 2026, the threshold for slot winnings subject to withholding wil...
Mississippi issued guidance on personal income tax withholding for gaming winnings at state gaming establishments. Effective January 1, 2026, the threshold for slot winnings subject to withholding wil...
MO - Taxability of items purchased by a contractor discussed
The Missouri Department of Revenue issued a letter ruling regarding the taxability of Items purchased by a contractor under a lump-sum agreement to construct a real property addition. Specifically, th...
The Missouri Department of Revenue issued a letter ruling regarding the taxability of Items purchased by a contractor under a lump-sum agreement to construct a real property addition. Specifically, th...
MT - Personal property reporting form due date changed
The Montana Department of Revenue has changed the personal property reporting form due date from March 1 to February 15. The Department acknowledged that some taxpayers may view the shortened reportin...
The Montana Department of Revenue has changed the personal property reporting form due date from March 1 to February 15. The Department acknowledged that some taxpayers may view the shortened reportin...
NE - Reminder issued on upcoming rate decrease
Nebraska Governor, Jim Pillen, has reminded taxpayers that the income tax rate will decrease to 4.55% in 2026 and 3.99% in 2027. These rate decreases are the result of L.B. 754, enacted in 2023. News...
Nebraska Governor, Jim Pillen, has reminded taxpayers that the income tax rate will decrease to 4.55% in 2026 and 3.99% in 2027. These rate decreases are the result of L.B. 754, enacted in 2023. News...
NV - Tax exemption criteria tightened for nonprofit organizations
Nevada's Department of Taxation has revised the criteria for nonprofit organizations to qualify for sales and use tax exemptions, requiring compliance with enhanced standards. In determining whether a...
Nevada's Department of Taxation has revised the criteria for nonprofit organizations to qualify for sales and use tax exemptions, requiring compliance with enhanced standards. In determining whether a...
NH - Amnesty application steps outlined
New Hampshire has outlined steps that taxpayers must take to apply for the tax amnesty authorized by the New Hampshire Legislature during the 2025 session.Amnesty runs from December 1, 2025, through F...
New Hampshire has outlined steps that taxpayers must take to apply for the tax amnesty authorized by the New Hampshire Legislature during the 2025 session.Amnesty runs from December 1, 2025, through F...
NJ - Assessed interest rate on outstanding balances for 2026 announced
New Jersey issued guidance on the assessed interest rate for outstanding tax balances for the calendar year 2026. Effective January 1, 2026, the interest rate is 10%. The rate is calculated as the pri...
New Jersey issued guidance on the assessed interest rate for outstanding tax balances for the calendar year 2026. Effective January 1, 2026, the interest rate is 10%. The rate is calculated as the pri...
NM - Hospital equipment council tax exemption denied
The New Mexico Attorney General issued a new opinion addressing property tax exemptions claimed under the hospital equipment loan act (HELA). The attorney general determined that the HELA council does...
The New Mexico Attorney General issued a new opinion addressing property tax exemptions claimed under the hospital equipment loan act (HELA). The attorney general determined that the HELA council does...
NY - 2025 MeF handbooks released
New York released its corporation tax Modernized e-File (MeF) handbooks for software developers (Publication 115) and tax practitioners (Publication 116) for tax year 2025. The handbooks list new form...
New York released its corporation tax Modernized e-File (MeF) handbooks for software developers (Publication 115) and tax practitioners (Publication 116) for tax year 2025. The handbooks list new form...
NC: Guidance issued on weight-based snuff tax, alternative nicotine products tax, and inventory tax
Guidance is issued regarding recently enacted legislation, effective July 1, 2025, that changed the North Carolina excise tax rate methodology for snuff, imposed a new excise tax on alternative nicoti...
Guidance is issued regarding recently enacted legislation, effective July 1, 2025, that changed the North Carolina excise tax rate methodology for snuff, imposed a new excise tax on alternative nicoti...
ND - Guidance issued on exempt organizations
North Dakota issued a guideline on the sales tax treatment of exempt organizations. The guideline addresses sales made to exempt organizations, including government units, Native American tribal gover...
North Dakota issued a guideline on the sales tax treatment of exempt organizations. The guideline addresses sales made to exempt organizations, including government units, Native American tribal gover...
OH - Timely filing discount discussed
Ohio has issued a information release discussing sales and use tax changes to the timely filing discount. Previously, if a vendor filed a return and paid the amount due on or before the date the retur...
Ohio has issued a information release discussing sales and use tax changes to the timely filing discount. Previously, if a vendor filed a return and paid the amount due on or before the date the retur...
OK - Oklahoma County sets household income limit for senior assessment freeze program
The household income limit to qualify for the senior assessment freeze for 2026 is $99,000 for eligible Oklahoma County residents. Applicants must file by March 15, 2026 unless they are already enroll...
The household income limit to qualify for the senior assessment freeze for 2026 is $99,000 for eligible Oklahoma County residents. Applicants must file by March 15, 2026 unless they are already enroll...
OR - Oral nicotine products tax begins January 2026
The Oregon Department of Revenue (DOR) is encouraging businesses that distribute and sell oral nicotine products to plan ahead for a new tax that applies to all oral nicotine products sold and distrib...
The Oregon Department of Revenue (DOR) is encouraging businesses that distribute and sell oral nicotine products to plan ahead for a new tax that applies to all oral nicotine products sold and distrib...
PA - Challenge to NLC deduction cap denied
In a decision regarding the prior net loss carryover (NLC) deduction, the Pennsylvania Commonwealth Court held the Pennsylvania Supreme Court in Alcatel III definitively decided the issue of retroac...
In a decision regarding the prior net loss carryover (NLC) deduction, the Pennsylvania Commonwealth Court held the Pennsylvania Supreme Court in Alcatel III definitively decided the issue of retroac...
RI - Division issues notice alerting of decoupling regulations
Rhode Island Division of Taxation alerts taxpayers that emergency regulations went into effect December 15, 2025, providing business corporation and personal income tax guidance for the 2025 tax year ...
Rhode Island Division of Taxation alerts taxpayers that emergency regulations went into effect December 15, 2025, providing business corporation and personal income tax guidance for the 2025 tax year ...
SC - Guidance updated on reduced rate for individuals 85 or older
South Carolina issed a ruling to update its guidance on sales of certain items to individuals 85 years of age or older who are entitled to the 1% state sales and use tax exclusion. The ruling provides...
South Carolina issed a ruling to update its guidance on sales of certain items to individuals 85 years of age or older who are entitled to the 1% state sales and use tax exclusion. The ruling provides...
SD - Updated municipal tax rate chart released
South Dakota has released the updated chart for municipal tax rates effective January 1, 2026, through June 30, 2026. The updated chart can be viewed here. Municipal/Special Jurisdiction Tax Rate Ch...
South Dakota has released the updated chart for municipal tax rates effective January 1, 2026, through June 30, 2026. The updated chart can be viewed here. Municipal/Special Jurisdiction Tax Rate Ch...
TN - Various tax manuals updated
Tennessee released updated versions of a number of its tax manuals, including those outlined below.Business tax. The business tax manual was updated to specify that vapor products fall under Classi...
Tennessee released updated versions of a number of its tax manuals, including those outlined below.Business tax. The business tax manual was updated to specify that vapor products fall under Classi...
TX - New combined area sales and use tax jurisdictions announced
Texas has announced new combined area sales and use tax jurisdictions. The announced new areas are effective January 1, 2026. The new Liberty Hill/Williamson County Emergency Services District No. 4-A...
Texas has announced new combined area sales and use tax jurisdictions. The announced new areas are effective January 1, 2026. The new Liberty Hill/Williamson County Emergency Services District No. 4-A...
UT - Governor’s budget proposal includes expanding the child tax credit
Utah Gov. Spencer J. Cox released his Fiscal Year 2027 budget proposal that includes:expanding the state child tax credit to provide an additional average benefit of $200 to families with children age...
Utah Gov. Spencer J. Cox released his Fiscal Year 2027 budget proposal that includes:expanding the state child tax credit to provide an additional average benefit of $200 to families with children age...
VT - 2026 withholding tables released
Vermont has released its 2026 income tax withholding instructions, tables, and charts. Among other topics, the instructions discuss how Vermont income tax withholding is calculated, adjustments for se...
Vermont has released its 2026 income tax withholding instructions, tables, and charts. Among other topics, the instructions discuss how Vermont income tax withholding is calculated, adjustments for se...
VA - Interest rates unchanged for first quarter of 2026
The Virginia interest rates for the first quarter of 2026 remain at 9% for tax underpayments (assessments) and 9% for tax overpayments (refunds).Taxpayers whose taxable year ends on September 30, 2025...
The Virginia interest rates for the first quarter of 2026 remain at 9% for tax underpayments (assessments) and 9% for tax overpayments (refunds).Taxpayers whose taxable year ends on September 30, 2025...
WA - Guidance on self-produced fuels updated
The Washington Department of Revenue has released a searchable local sales and use table, reflecting rates in effect from January 1, 2026 through March 31, 2026. The table is searchable by rate change...
The Washington Department of Revenue has released a searchable local sales and use table, reflecting rates in effect from January 1, 2026 through March 31, 2026. The table is searchable by rate change...
WV - Average nonfarm payroll wage announced for EOTC
West Virginia announced the annual average nonfarm payroll wage threshold for determining the amount of the Economic Opportunity Tax Credit (EOTC). Eligible taxpayers can claim the EOTC against West V...
West Virginia announced the annual average nonfarm payroll wage threshold for determining the amount of the Economic Opportunity Tax Credit (EOTC). Eligible taxpayers can claim the EOTC against West V...
WI - Questions remain regarding possible arm's-length relationship
The taxpayer appealed a Wisconsin Department of Revenue finding that funds transferred from the sole shareholders to a business were non-deductible returns of capital contributions. The taxpayer argue...
The taxpayer appealed a Wisconsin Department of Revenue finding that funds transferred from the sole shareholders to a business were non-deductible returns of capital contributions. The taxpayer argue...
WY - Tax guidance updated for federal facility deliveries, nicotine pouches
In its quarterly newsletter, the Wyoming Department of Revenue noted that it has changed its position regarding the taxability of tangible personal property delivered to federal facilities. It will no...
In its quarterly newsletter, the Wyoming Department of Revenue noted that it has changed its position regarding the taxability of tangible personal property delivered to federal facilities. It will no...
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