Tax Alerts
Tax Briefing(s)
2025 Standard Mileage Rates Released (Notice 2025-5; IR-2024-312)
The IRS released the optional standard mileage rates for 2025. Most taxpayers may use these rates to compute deductible costs of operating vehicles for:business,medical, andcharitable purposesSome mem...
The IRS released the optional standard mileage rates for 2025. Most taxpayers may use these rates to compute deductible costs of operating vehicles for:business,medical, andcharitable purposesSome mem...
IRS Introduces New Measures to Combat Tax Scams During 2025 Filing Season (IR-2025-12)
The IRS, in partnership with the Coalition Against Scam and Scheme Threats (CASST), has unveiled new initiatives for the 2025 tax filing season to counter scams targeting taxpayers and tax professio...
The IRS, in partnership with the Coalition Against Scam and Scheme Threats (CASST), has unveiled new initiatives for the 2025 tax filing season to counter scams targeting taxpayers and tax professio...
IRS Reminds Taxpayers of Disaster Deadlines (IR-2025-1)
The IRS reminded disaster-area taxpayers that they have until February 3, 2025, to file their 2023 returns, in the entire states of Louisiana and Vermont, all of Puerto Rico and the Virgin Islands and...
The IRS reminded disaster-area taxpayers that they have until February 3, 2025, to file their 2023 returns, in the entire states of Louisiana and Vermont, all of Puerto Rico and the Virgin Islands and...
IRS to Issue Automatic Recovery Rebate Credit Payments for 2021 Tax Year (IR-2024-314)
The IRS has announced plans to issue automatic payments to eligible individuals who failed to claim the Recovery Rebate Credit on their 2021 tax returns. The credit, a refundable benefit for individ...
The IRS has announced plans to issue automatic payments to eligible individuals who failed to claim the Recovery Rebate Credit on their 2021 tax returns. The credit, a refundable benefit for individ...
AL - Department begins administering, collecting local taxes in Chilton County
Effective February 1, 2025, the Alabama Department of Revenue begins administering and collecting Chilton County's local sales and use taxes. The first Chilton County local tax return filed with depar...
Effective February 1, 2025, the Alabama Department of Revenue begins administering and collecting Chilton County's local sales and use taxes. The first Chilton County local tax return filed with depar...
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 - Employers required to electronically file tax returns and federal forms
The Arizona Department of Revenue issued a publication informing corporate and personal income taxpayers about submitting federal Forms W-2, W-2c, W-2G, and 1099 with Arizona Forms A1-R or A1-APR. The...
The Arizona Department of Revenue issued a publication informing corporate and personal income taxpayers about submitting federal Forms W-2, W-2c, W-2G, and 1099 with Arizona Forms A1-R or A1-APR. The...
AR - Clarification on property tax caps for senior taxpayers impacted by eminent domain
Arkansas clarified the interpretation of Amendment 79 to its Constitution involving property tax caps for taxpayers aged 65 or above. The Attorney General stated that while real property taxes for a n...
Arkansas clarified the interpretation of Amendment 79 to its Constitution involving property tax caps for taxpayers aged 65 or above. The Attorney General stated that while real property taxes for a n...
CA - Updated guidance issued on vehicle and vessel transfers that are not subject to use tax
Updated guidance is issued regarding vehicle and vessel transfers that are not subject to California use tax. In addition, instructions are included in the publication on how to apply for a use tax cl...
Updated guidance is issued regarding vehicle and vessel transfers that are not subject to California use tax. In addition, instructions are included in the publication on how to apply for a use tax cl...
CO - Business personal property tax credit guidance updated
Updated guidance issued by Colorado outlines the specifics of the business personal property tax credit as it relates to income taxes. This credit is available to qualifying taxpayers such as individu...
Updated guidance issued by Colorado outlines the specifics of the business personal property tax credit as it relates to income taxes. This credit is available to qualifying taxpayers such as individu...
CT - Guidance issued on assessments refunded by CIGA
Connecticut has issued an annual announcement to notify specific insurers that are members of the Connecticut Insurance Guaranty Association (CIGA) that on or before February 20, 2025, the member insu...
Connecticut has issued an annual announcement to notify specific insurers that are members of the Connecticut Insurance Guaranty Association (CIGA) that on or before February 20, 2025, the member insu...
DE - Guidance provided on short-term rental tax
Delaware provided guidance for the new lodging tax on businesses or individuals who facilitate or arrange short-term rentals through a website or other method. The tax applies to rental agreements sig...
Delaware provided guidance for the new lodging tax on businesses or individuals who facilitate or arrange short-term rentals through a website or other method. The tax applies to rental agreements sig...
DC - Filing season begins
The District of Columbia has begun accepting and processing individual income tax returns for tax year 2024. The District income tax rate schedule remains the same as previous years with standard dedu...
The District of Columbia has begun accepting and processing individual income tax returns for tax year 2024. The District income tax rate schedule remains the same as previous years with standard dedu...
FL - Motor vehicle sales tax rates by state issued
Florida has issued motor vehicle sales tax rates by state as of January 15, 2025. Florida law allows a partial sales and use tax exemption on a motor vehicle purchased by a resident of another state. ...
Florida has issued motor vehicle sales tax rates by state as of January 15, 2025. Florida law allows a partial sales and use tax exemption on a motor vehicle purchased by a resident of another state. ...
GA - Floating homestead exemption details released, no change for assessed value from 2024 to 2025
Georgia released details on the new Floating Homestead Exemption and the process of determining annual inflationary index rates. The first Inflation Index Rate will be published for the 2026 Digest Ye...
Georgia released details on the new Floating Homestead Exemption and the process of determining annual inflationary index rates. The first Inflation Index Rate will be published for the 2026 Digest Ye...
HI - Temporary administrative rules adopted for pass-through entity tax and third-party rent collectors
The Hawaii Department of Taxation announced new temporary administrative rules related to pass-through entity (PTE) taxation (18-235-201-01 through 18-235-201-09) and third-party rent collectors (18-2...
The Hawaii Department of Taxation announced new temporary administrative rules related to pass-through entity (PTE) taxation (18-235-201-01 through 18-235-201-09) and third-party rent collectors (18-2...
ID - Disabled veterans are eligible to apply for property tax benefit; deadline is April 15
The Idaho State Tax Commission has issued a release announcing that veterans with disabilities are eligible to have their property tax bill reduced by as much as $1,500 on their Idaho residence and up...
The Idaho State Tax Commission has issued a release announcing that veterans with disabilities are eligible to have their property tax bill reduced by as much as $1,500 on their Idaho residence and up...
IL - Tax relief announced for wildfire victims
Illinois announced income tax return filing and payment relief for individuals and businesses impacted by the California wildfires that began on January 7, 2025. The state is postponing or extending d...
Illinois announced income tax return filing and payment relief for individuals and businesses impacted by the California wildfires that began on January 7, 2025. The state is postponing or extending d...
IN - Corporate taxpayer required to exclude income from its finished goods sales
A corporate taxpayer, domiciled outside the United States but with manufacturing facilities in multiple states, including Indiana, was required to exclude its income from its finished goods sales for ...
A corporate taxpayer, domiciled outside the United States but with manufacturing facilities in multiple states, including Indiana, was required to exclude its income from its finished goods sales for ...
IA - Governor proposes tax reform through change and efficiency
In her Condition of the State address, Iowa Gov. Kim Reynolds announced a proposal to reduce the unemployment insurance payments that employers make by 50%. She also announced the launch of an Iowa De...
In her Condition of the State address, Iowa Gov. Kim Reynolds announced a proposal to reduce the unemployment insurance payments that employers make by 50%. She also announced the launch of an Iowa De...
KS - Adoption savings account modifications explained
Kansas provided guidance that explains the personal income tax modifications for taxpayers that open an adoption savings account. The state allows a subtraction from federal adjusted gross income for ...
Kansas provided guidance that explains the personal income tax modifications for taxpayers that open an adoption savings account. The state allows a subtraction from federal adjusted gross income for ...
KY - Rate reduction bill passes house
The Kentucky House of Representatives passed legislation to reduce the personal income tax rate from 4% to 3.5% beginning with the 2026 tax year. H.B. 1, passed by the Kentucky House of Representat...
The Kentucky House of Representatives passed legislation to reduce the personal income tax rate from 4% to 3.5% beginning with the 2026 tax year. H.B. 1, passed by the Kentucky House of Representat...
LA - Emergency telecommunications rules, income withholding tables enacted
The Louisiana Department of Revenue has enacted emergency rules requiring electronic filing and payment of sales and use tax by dealers of telecommunications services, cable television services, direc...
The Louisiana Department of Revenue has enacted emergency rules requiring electronic filing and payment of sales and use tax by dealers of telecommunications services, cable television services, direc...
ME - Cigarette tax increase included in biennial budget proposal
Maine's cigarette excise tax would increase by $1.00 per pack, making the tax $3.00 on a pack, under Governor Mills' biennial budget proposal. The last time Maine raised cigarette excise taxes was in ...
Maine's cigarette excise tax would increase by $1.00 per pack, making the tax $3.00 on a pack, under Governor Mills' biennial budget proposal. The last time Maine raised cigarette excise taxes was in ...
MD - Tax court could not decide foreign income exclusion since refund had been made
Despite confusion as to whether Maryland taxpayers may claim the Foreign Earned Income Exclusion on personal income tax returns, the Maryland Tax Court could not decide the issue in this case because ...
Despite confusion as to whether Maryland taxpayers may claim the Foreign Earned Income Exclusion on personal income tax returns, the Maryland Tax Court could not decide the issue in this case because ...
MA - Charitable contribution deduction rule updated
Massachusetts has updated the rule on charitable contribution deductions for income taxes. The rule explains the deduction allowed for certain charitable contributions against Part B adjusted gross in...
Massachusetts has updated the rule on charitable contribution deductions for income taxes. The rule explains the deduction allowed for certain charitable contributions against Part B adjusted gross in...
MI - Flow-through entity tax election date, penalty provisions amended
For tax years beginning January 1, 2024, an entity that elects to pay Michigan's flow-through entity tax must file its election with the department on or before the last day of the ninth month after t...
For tax years beginning January 1, 2024, an entity that elects to pay Michigan's flow-through entity tax must file its election with the department on or before the last day of the ninth month after t...
MN - Guidance on resident income tax obligations updated
The Minnesota Department of Revenue has revised its guidance pertaining to the personal income tax responsibilities of Minnesota residents. The updated guidance discusses domicile, the 183-day rule, s...
The Minnesota Department of Revenue has revised its guidance pertaining to the personal income tax responsibilities of Minnesota residents. The updated guidance discusses domicile, the 183-day rule, s...
MS - City of Walnut hotel, motel, and restaurant tax
Effective February 1, 2025, the city of Walnut, Mississippi begins imposing a 3% Walnut Parks and Recreation Tax on (1) the gross proceeds of hotel and motel room rentals, and (2) the gross proceeds o...
Effective February 1, 2025, the city of Walnut, Mississippi begins imposing a 3% Walnut Parks and Recreation Tax on (1) the gross proceeds of hotel and motel room rentals, and (2) the gross proceeds o...
MO - Interest rate on refunds unchanged for second quarter of 2025
The interest rate on all qualifying Missouri tax refunds remains at 3.2% for the period from April 1, 2025, through June 30, 2025. Statutory Interest Rates, Missouri Department of Revenue, January 2...
The interest rate on all qualifying Missouri tax refunds remains at 3.2% for the period from April 1, 2025, through June 30, 2025. Statutory Interest Rates, Missouri Department of Revenue, January 2...
MT - Governor calls for tax reform
Montana Gov. Greg Gianforte gave his third State of the State address, highlighting his priorities for the 2025 legislative session. In addition to areas such as education, housing, and energy, the Go...
Montana Gov. Greg Gianforte gave his third State of the State address, highlighting his priorities for the 2025 legislative session. In addition to areas such as education, housing, and energy, the Go...
NE - 2024 tax year instructions issued for forms 1120-SN and 1065N
For corporate income tax purposes, the Nebraska Department of Revenue has released the 2024 tax year instructions for forms 1120-SN and 1065N. 2024 Nebraska S Corporation Income Tax Booklet, 2024 Ne...
For corporate income tax purposes, the Nebraska Department of Revenue has released the 2024 tax year instructions for forms 1120-SN and 1065N. 2024 Nebraska S Corporation Income Tax Booklet, 2024 Ne...
NV - Regulation on reduction of taxable value amended
Nevada has amended its regulation on the deduction of obsolescence from the taxable value of property. In determining the amount of obsolescence to be deducted, the State Board and the county boards o...
Nevada has amended its regulation on the deduction of obsolescence from the taxable value of property. In determining the amount of obsolescence to be deducted, the State Board and the county boards o...
NH - Department reminds taxpayers of interest and dividends tax repeal
The New Hampshire Department of Revenue Administration reminds taxpayers that the Interest and Dividends Tax is repealed effective January 1, 2025. Technical Information Release TIR 2025-001, New Ham...
The New Hampshire Department of Revenue Administration reminds taxpayers that the Interest and Dividends Tax is repealed effective January 1, 2025. Technical Information Release TIR 2025-001, New Ham...
NJ - Governor supports farmland assessment reform
In his State of the State Address New Jersey's governor discussed, among other topics, reforming the state's farmland assessment tax system to ensure that the wealthiest New Jerseyans pay their fair s...
In his State of the State Address New Jersey's governor discussed, among other topics, reforming the state's farmland assessment tax system to ensure that the wealthiest New Jerseyans pay their fair s...
NM - Governor proposes new tax policies in state of the state address
New Mexico governor Michelle Lujan Grisham proposed new tax policies in her 2025 State of the State address. She proposed that New Mexico exempt families caring for foster children and grandparents ra...
New Mexico governor Michelle Lujan Grisham proposed new tax policies in her 2025 State of the State address. She proposed that New Mexico exempt families caring for foster children and grandparents ra...
NY - Nonresident's wages properly allocated under convenience of employer test
A nonresident failed to show that the Division of Taxation improperly allocated his wages from a New York employer in 2020 under the convenience of the employer test, despite the fact that the employe...
A nonresident failed to show that the Division of Taxation improperly allocated his wages from a New York employer in 2020 under the convenience of the employer test, despite the fact that the employe...
NC - Taxpayer’s petition barred by state’s sovereign immunity
A taxpayer’s petition challenging a North Carolina sales and use tax assessment was barred by the doctrine of sovereign immunity because the petition was untimely filed. In this matter, the taxpayer...
A taxpayer’s petition challenging a North Carolina sales and use tax assessment was barred by the doctrine of sovereign immunity because the petition was untimely filed. In this matter, the taxpayer...
ND - Local rate changes announced
North Dakota has announced a number of local sales and use tax rate changes effective April 1, 2025, as highlighted below. The announcement also includes specifics about maximum tax caps, vendor compe...
North Dakota has announced a number of local sales and use tax rate changes effective April 1, 2025, as highlighted below. The announcement also includes specifics about maximum tax caps, vendor compe...
OH - Situsing of motor vehicle sale or lease clarified
Ohio has amended the commercial activity tax law to clarify that gross receipts from the sale or lease of a motor vehicle are only sitused to Ohio if a certificate of title with an Ohio address is iss...
Ohio has amended the commercial activity tax law to clarify that gross receipts from the sale or lease of a motor vehicle are only sitused to Ohio if a certificate of title with an Ohio address is iss...
OK - Local tax rate changes announced
Oklahoma local sales and use tax rate changes have been announced effective April 1, 2025.Foyil eliminates its 4% use tax.Pond Creek increases its sales and use tax rate to 4%. Rates and Codes for Sa...
Oklahoma local sales and use tax rate changes have been announced effective April 1, 2025.Foyil eliminates its 4% use tax.Pond Creek increases its sales and use tax rate to 4%. Rates and Codes for Sa...
OR - IRC conformity bills introduced
Bills were introduced in the Oregon Senate and House to update the state’s IRC conformity date for computing the corporate activity, corporate and personal income taxes. H.B. 2092, H.B. 2113, S.B...
Bills were introduced in the Oregon Senate and House to update the state’s IRC conformity date for computing the corporate activity, corporate and personal income taxes. H.B. 2092, H.B. 2113, S.B...
PA - Property tax rebate program now open
The Pennsylvania Property Tax/Rent Rebate (PTRR) program is now accepting applications from eligible Pennsylvania seniors and residents with disabilities. The program's income limits have increased ag...
The Pennsylvania Property Tax/Rent Rebate (PTRR) program is now accepting applications from eligible Pennsylvania seniors and residents with disabilities. The program's income limits have increased ag...
RI - Governor's 2026 budget would increase conveyance tax, expand hotel tax
Rhode Island Governor Dan McKee's 2026 budget includes proposals to:increase the real estate conveyance tax for properties above $800,000 from .92% to 1.25%; andapply the 5% hotel tax to whole-home sh...
Rhode Island Governor Dan McKee's 2026 budget includes proposals to:increase the real estate conveyance tax for properties above $800,000 from .92% to 1.25%; andapply the 5% hotel tax to whole-home sh...
SC - Local rate changes and extensions announced
South Carolina announced that the following counties have new 1% local sales and use taxes scheduled to begin in 2025: Chesterfield County Education Capital Improvement Tax, effective March 1, 2025; G...
South Carolina announced that the following counties have new 1% local sales and use taxes scheduled to begin in 2025: Chesterfield County Education Capital Improvement Tax, effective March 1, 2025; G...
SD - Governor offers no new tax proposals
South Dakota Governor's State of the State address did not include any tax proposals. The Governor has been nominated as the next Secretary of of the Department of Homeland Security. If confirmed, Lie...
South Dakota Governor's State of the State address did not include any tax proposals. The Governor has been nominated as the next Secretary of of the Department of Homeland Security. If confirmed, Lie...
TN - End user location determines sourcing for drop shipment sales
Tennessee issued a ruling that concluded receipts from drop shipment sales should be sourced for franchise and excise tax purposes based on the location of the end user. The controlling factor is wher...
Tennessee issued a ruling that concluded receipts from drop shipment sales should be sourced for franchise and excise tax purposes based on the location of the end user. The controlling factor is wher...
TX - Updated insurance maintenance tax rates for 2024 premiums announced
The Texas Comptroller of Public Accounts has released the insurance maintenance tax rates and assessments on 2024 premiums. The rates are used to calculate taxes reported on Form 25-102, Texas Annual ...
The Texas Comptroller of Public Accounts has released the insurance maintenance tax rates and assessments on 2024 premiums. The rates are used to calculate taxes reported on Form 25-102, Texas Annual ...
UT - Local tax rate changes announced
Utah announced the following local sales and use tax rate changes, effective April 1, 2025.County Option TaxCache County and Sevier County each impose the county option sales and use tax at the rate o...
Utah announced the following local sales and use tax rate changes, effective April 1, 2025.County Option TaxCache County and Sevier County each impose the county option sales and use tax at the rate o...
VT - Specifications released for e-filing forms W-2, 1099, and WHT-434
Vermont released new versions of its publications providing specifications for electronic filing of the following forms:1099 information returns (Pub. GB-1117);W-2 (Pub. GB-1118); andWHT-434, annual w...
Vermont released new versions of its publications providing specifications for electronic filing of the following forms:1099 information returns (Pub. GB-1117);W-2 (Pub. GB-1118); andWHT-434, annual w...
VA - Research and development credit application properly denied as untimely
The Virginia Department of Taxation upheld the denial of an application for a corporate income tax credit for research and development expenses because the application was filed beyond the statutory d...
The Virginia Department of Taxation upheld the denial of an application for a corporate income tax credit for research and development expenses because the application was filed beyond the statutory d...
WA - Regulation relating to purchases for farming updated
The Washington Department of Revenue has updated its excise tax rule on the application of sales and use tax and business and occupation (B&O) tax to the purchase of farming equipment to reflect r...
The Washington Department of Revenue has updated its excise tax rule on the application of sales and use tax and business and occupation (B&O) tax to the purchase of farming equipment to reflect r...
WV - Senior citizen credit guidelines updated
West Virginia updated guidance on the property tax credit that eligible low-income seniors can claim against their personal income tax liability. Senior citizens are eligible to claim the credit if th...
West Virginia updated guidance on the property tax credit that eligible low-income seniors can claim against their personal income tax liability. Senior citizens are eligible to claim the credit if th...
WI - Publication for reporting under the marital property act updated
Wisconsin updated its personal income tax publication on Federal and Wisconsin Income Tax Reporting under the Marital Property Act (Publication 113). The updated publication reminds taxpayers claimi...
Wisconsin updated its personal income tax publication on Federal and Wisconsin Income Tax Reporting under the Marital Property Act (Publication 113). The updated publication reminds taxpayers claimi...
WY - SST taxability matrix and certificate of compliance updated
Wyoming updated its Streamlined Sales and Use Tax (SST) Agreement taxability matrix and certificate of compliance. The changes are effective August 1, 2024. Taxability Matrix: Tax Administration Pract...
Wyoming updated its Streamlined Sales and Use Tax (SST) Agreement taxability matrix and certificate of compliance. The changes are effective August 1, 2024. Taxability Matrix: Tax Administration Pract...
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