Tax Alerts
Tax Briefing(s)
2025 Tax Year-in-Review2025 Year-End Tax PlanningOne Big Beautiful Bill Act (Signed Into Law July 4, 2025)
IRS Opens 2026 Tax Filing Season with Enhanced Digital Tools and Faster Refunds (IR 2026-12)
The IRS has announced the opening of the 2026 tax filing season and has begun accepting and processing federal individual income tax returns for the tax year 2025. Additionally, the IRS encouraged tax...
The IRS has announced the opening of the 2026 tax filing season and has begun accepting and processing federal individual income tax returns for the tax year 2025. Additionally, the IRS encouraged tax...
National Taxpayer Advocate Warns of Filing Challenges for 2026 Season (IR 2026-15)
The National Taxpayer Advocate reported, that most individual taxpayers experienced a smooth filing process during the 2025 tax year, but warned that the 2026 filing season may present greater challen...
The National Taxpayer Advocate reported, that most individual taxpayers experienced a smooth filing process during the 2025 tax year, but warned that the 2026 filing season may present greater challen...
IRS Offers Tips for Choosing Qualified Tax Return Preparers
IRS has advised individual taxpayers that they remain legally responsible for the accuracy of their federal tax returns, even when using a paid preparer. With most tax documents now issued, the agency...
IRS has advised individual taxpayers that they remain legally responsible for the accuracy of their federal tax returns, even when using a paid preparer. With most tax documents now issued, the agency...
IRS Outlines Key Steps for 2026 Filing Season Readiness
The IRS has issued guidance urging taxpayers to take several important steps in advance of the 2026 federal tax filing season, which opens on January 26. Individuals are encouraged to create or access...
The IRS has issued guidance urging taxpayers to take several important steps in advance of the 2026 federal tax filing season, which opens on January 26. Individuals are encouraged to create or access...
IRS Confirms Supplemental Military Housing Payments Are Not Taxable (IR 2026-09)
The IRS has confirmed that supplemental housing payments issued to members of the uniformed services in December 2025 are not subject to federal income tax. These payments, classified as “qualified ...
The IRS has confirmed that supplemental housing payments issued to members of the uniformed services in December 2025 are not subject to federal income tax. These payments, classified as “qualified ...
IRS Announces New Digital Form 211 for Whistleblower Submissions (IR 2025-123)
The IRS announced that its Whistleblower Office has launched a new digital Form 211 to make reporting tax noncompliance faster and easier. Further, the electronic option allows individuals to submit i...
The IRS announced that its Whistleblower Office has launched a new digital Form 211 to make reporting tax noncompliance faster and easier. Further, the electronic option allows individuals to submit i...
IRS Highlights Taxpayer Rights Under the Taxpayer Bill of Rights
The IRS has reminded taxpayers about the legal protections afforded by the Taxpayer Bill of Rights. Organized into 10 categories, these rights ensure taxpayers can engage with the IRS confidently and...
The IRS has reminded taxpayers about the legal protections afforded by the Taxpayer Bill of Rights. Organized into 10 categories, these rights ensure taxpayers can engage with the IRS confidently and...
FinCEN Postpones Investment Adviser Rule Until 2028 (FinCEN Final Rule RIN 1506-AB58 and 1506-AB69)
The Financial Crimes Enforcement Network (FinCEN) has amended the Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) Program and Suspicious Activity Report (SAR) Filing Requirements...
The Financial Crimes Enforcement Network (FinCEN) has amended the Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) Program and Suspicious Activity Report (SAR) Filing Requirements...
AL - Columbiana adjusts certain sales and use tax rates
The City of Columbiana has announced that, effective February 1, 2026, it will increase its general sales tax rate, as well as its sales tax rates on admissions to places of amusement and entertainmen...
The City of Columbiana has announced that, effective February 1, 2026, it will increase its general sales tax rate, as well as its sales tax rates on admissions to places of amusement and entertainmen...
AK - Governors proposed fiscal plan now with legislature
Alaska Gov. Mike Dunleavy has introduced fiscal plan legislation due to short to medium term forecasts projecting that Alaska will have a revenue shortfall. The core components of the Governor’s fis...
Alaska Gov. Mike Dunleavy has introduced fiscal plan legislation due to short to medium term forecasts projecting that Alaska will have a revenue shortfall. The core components of the Governor’s fis...
AZ - Governor hobbs vetoes second conformity bill
Arizona Governor Katie Hobbs vetoed HB 2785, marking the second time she declined to approve a tax conformity bill during the 2026 filing season. Her Veto Letter noted that she will sign The Middle...
Arizona Governor Katie Hobbs vetoed HB 2785, marking the second time she declined to approve a tax conformity bill during the 2026 filing season. Her Veto Letter noted that she will sign The Middle...
AR - State opts in to federal tax credit scholarship program
Arkansas Governor Sarah Huckabee Sanders has announced that the state will participate in the federal tax credit scholarship program for school choice enacted by the One Big Beautiful Bill Act (OBBBA)...
Arkansas Governor Sarah Huckabee Sanders has announced that the state will participate in the federal tax credit scholarship program for school choice enacted by the One Big Beautiful Bill Act (OBBBA)...
CA - Credit for alternative minimum tax form instructions are updated for taxable year 2025
The California Franchise Tax Board (FTB) has updated form instructions for taxable year 2025 regarding the credit for prior year alternative minimum tax (AMT) or minimum tax credit:Schedule P (100) In...
The California Franchise Tax Board (FTB) has updated form instructions for taxable year 2025 regarding the credit for prior year alternative minimum tax (AMT) or minimum tax credit:Schedule P (100) In...
CO - Proceeds from real estate sale excluded from apportionment factor calculation
Gross receipts from the sale of Colorado real estate by a partnership were excluded from the numerator and denominator of the partnership's apportionment factor for income tax purposes. This exclusion...
Gross receipts from the sale of Colorado real estate by a partnership were excluded from the numerator and denominator of the partnership's apportionment factor for income tax purposes. This exclusion...
CT - CIGA members must pay portion of their refunded assessments to department
Members insurers of the Connecticut Insurance Guaranty Association (CIGA) are notified that, on or before February 23, 2026, the member insurer must pay a portion of their recently refunded assessment...
Members insurers of the Connecticut Insurance Guaranty Association (CIGA) are notified that, on or before February 23, 2026, the member insurer must pay a portion of their recently refunded assessment...
DE - Film credit, increase in cigarette and tobacco taxes proposed
Delaware Gov. Matt Meyer delivered a presentation for his fiscal year 2027 budget that includes proposals to increase taxes on cigarettes and other tobacco products and to establish a film tax credit....
Delaware Gov. Matt Meyer delivered a presentation for his fiscal year 2027 budget that includes proposals to increase taxes on cigarettes and other tobacco products and to establish a film tax credit....
DC - Nullification resolution signed
The President signed a resolution to nullify District legislation, enacted at the end of December, that decoupled the District from certain federal tax provisions. If in effect, the nullification woul...
The President signed a resolution to nullify District legislation, enacted at the end of December, that decoupled the District from certain federal tax provisions. If in effect, the nullification woul...
FL - Department issues motor vehicle sales tax rates by state for purposes of partial exemption
Florida has issued motor vehicle sales tax rates by state as of February 11, 2026. Florida law provides a partial sales tax exemption for the sale of a new or used motor vehicle in Florida to a reside...
Florida has issued motor vehicle sales tax rates by state as of February 11, 2026. Florida law provides a partial sales tax exemption for the sale of a new or used motor vehicle in Florida to a reside...
GA - County tax rate changes announced for Q2
Multiple Georgia counties have sales and use tax rate change that take effect on April 1, 2026.The following county will have a rate of 7%:– Cherokee.The following counties will have a rate of 8%:â€...
Multiple Georgia counties have sales and use tax rate change that take effect on April 1, 2026.The following county will have a rate of 7%:– Cherokee.The following counties will have a rate of 8%:â€...
HI - New process for pre-certification of tax exemption for rental income from affordable housing
Hawaii has a new process for pre-certification of the general excise tax (GET) exemption for rental income from the leasing of affordable housing units. Pre-certification is an optional process that w...
Hawaii has a new process for pre-certification of the general excise tax (GET) exemption for rental income from the leasing of affordable housing units. Pre-certification is an optional process that w...
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 - Governor proposes social media tax, pause to data center credits
Illinois Gov. JB Pritzker’s State of the State and budget address included proposals to:impose a fee or tax on social media platforms to support K-12 education; andpause income tax credits for const...
Illinois Gov. JB Pritzker’s State of the State and budget address included proposals to:impose a fee or tax on social media platforms to support K-12 education; andpause income tax credits for const...
IN - March 2026 gasoline use tax rate announced
The Indiana gasoline use tax rate for the month of March 2026 is $0.153 per gallon. Departmental Notice #2, Indiana Department of Revenue, March 2026...
The Indiana gasoline use tax rate for the month of March 2026 is $0.153 per gallon. Departmental Notice #2, Indiana Department of Revenue, March 2026...
IA - Taxpayer Was Not “Prevailing Taxpayer” Entitled to Costs
The Iowa Department of Revenue’s Final Order determined the taxpayer was not entitled to a discretionary award of reasonable litigation costs. The taxpayer sought judicial review, and the district c...
The Iowa Department of Revenue’s Final Order determined the taxpayer was not entitled to a discretionary award of reasonable litigation costs. The taxpayer sought judicial review, and the district c...
KS - Oil and gas appraisal guide revised for 2026
Kansas revised its oil and gas property tax appraisal guide for 2026. The guide contains a summary of changes, crude oil price schedules, the gas market adjustment factor (MAF), rendition forms, and i...
Kansas revised its oil and gas property tax appraisal guide for 2026. The guide contains a summary of changes, crude oil price schedules, the gas market adjustment factor (MAF), rendition forms, and i...
KY - Guidance discusses AI software, power washing services, and other topics
Kentucky's biannual sales facts newsletter includes guidance on the penny shortage and rounding rules, the expiration of agriculture exemption license numbers and the renewal process, the taxation of ...
Kentucky's biannual sales facts newsletter includes guidance on the penny shortage and rounding rules, the expiration of agriculture exemption license numbers and the renewal process, the taxation of ...
LA - Penalty for underpayment of estimated taxes to be enforced
The Louisiana Department of Revenue informs taxpayers that with the repeal of the corporate franchise tax, the underpayment of estimated corporation income tax penalty will now be imposed. In the past...
The Louisiana Department of Revenue informs taxpayers that with the repeal of the corporate franchise tax, the underpayment of estimated corporation income tax penalty will now be imposed. In the past...
ME - Governor issues supplemental budget with income, property tax relief
Maine Governor Janet Mills issued a supplemental budget proposal for Fiscal Year 2026-2027. The budget proposes several areas of income and property tax relief.Corporate income tax relief proposals in...
Maine Governor Janet Mills issued a supplemental budget proposal for Fiscal Year 2026-2027. The budget proposes several areas of income and property tax relief.Corporate income tax relief proposals in...
MD - Guidance issued on capital gains surtax
The Maryland Comptroller has issued guidance regarding the additional 2% capital gains tax on individuals with federal adjusted gross income in excess of $350,000 regardless of filing status, beginnin...
The Maryland Comptroller has issued guidance regarding the additional 2% capital gains tax on individuals with federal adjusted gross income in excess of $350,000 regardless of filing status, beginnin...
MA - Penalties for advance payments may be waived
Massachusetts has issued a revised regulation concerning advance payments for sales and use tax and room occupancy excise. The updated regulation includes provisions for the waiver or abatement of pen...
Massachusetts has issued a revised regulation concerning advance payments for sales and use tax and room occupancy excise. The updated regulation includes provisions for the waiver or abatement of pen...
MI - Wholesale electricity sales properly sourced to Michigan
A generator of electricity was not eligible for a refund of Michigan corporate income tax because its sales were properly sourced to Michigan. For electricity sales, the contractual point of delivery ...
A generator of electricity was not eligible for a refund of Michigan corporate income tax because its sales were properly sourced to Michigan. For electricity sales, the contractual point of delivery ...
MN - Guidance issued on apportionment of income for s-portion of electing small business trust
Minnesota issued guidance on the apportionment of income for tax purposes of the S-portion of an electing small business trust (ESBT). With an ESBT, the trust is taxed in its capacity as a shareholder...
Minnesota issued guidance on the apportionment of income for tax purposes of the S-portion of an electing small business trust (ESBT). With an ESBT, the trust is taxed in its capacity as a shareholder...
MS - Updated fair market values for cannabis excise tax
Effective January 1, 2026, the fair market value of cannabis flower and trim is as follows for purposes of the Mississippi cannabis excise tax: (1) cannabis flower sold to common interest establishmen...
Effective January 1, 2026, the fair market value of cannabis flower and trim is as follows for purposes of the Mississippi cannabis excise tax: (1) cannabis flower sold to common interest establishmen...
MO - Rule on consolidated returns amended
The Missouri Department of Revenue has updated a corporate income rule on consolidated income tax returns. Specifically, the rule is amended to do the following:updates the rule’s references to corp...
The Missouri Department of Revenue has updated a corporate income rule on consolidated income tax returns. Specifically, the rule is amended to do the following:updates the rule’s references to corp...
MT - Governor sends reminder about property tax relief options
Montana Gov. Greg Gianforte reminded Montana homeowners that they can now apply for the 2026 Homestead Reduced Rate. Beginning December 1, 2025, Montana homeowners became eligible to apply for the Hom...
Montana Gov. Greg Gianforte reminded Montana homeowners that they can now apply for the 2026 Homestead Reduced Rate. Beginning December 1, 2025, Montana homeowners became eligible to apply for the Hom...
NE - Reminder issued on due date for personal property exemption claim under advantage and imagine acts
The Nebraska Department of Revenue has reminded taxpayers that if they have a signed agreement with the department under the Nebraska Advantage Act or the ImagiNE Act, and believe they will qualify fo...
The Nebraska Department of Revenue has reminded taxpayers that if they have a signed agreement with the department under the Nebraska Advantage Act or the ImagiNE Act, and believe they will qualify fo...
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 - Property tax relief filing season open
New Jersey reminds qualifying seniors and disabled residents that they are invited to apply for property tax relief programs by filling out a single, streamlined application known as the PAS-1. Senior...
New Jersey reminds qualifying seniors and disabled residents that they are invited to apply for property tax relief programs by filling out a single, streamlined application known as the PAS-1. Senior...
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 guide for return preparers released
New York released its Modernized e-File (MeF) Guide for Return Preparers for tax year 2025. The guide highlights various form revisions and lists new forms that can be e-filed for tax year 2025. The g...
New York released its Modernized e-File (MeF) Guide for Return Preparers for tax year 2025. The guide highlights various form revisions and lists new forms that can be e-filed for tax year 2025. The g...
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 on sales to or by native Americans updated
North Dakota updated its guidance on sales and use tax for transactions involving Native Americans. The guidance discusses tax exemptions for sales made by Native American retailers on reservations, t...
North Dakota updated its guidance on sales and use tax for transactions involving Native Americans. The guidance discusses tax exemptions for sales made by Native American retailers on reservations, t...
OH - IRC conformity bill goes to governor
The Ohio House passed a bill that would update the state's Internal Revenue Code (IRC) conformity date to incorporate changes taking effect after March 7, 2025. The bill previously passed the Ohio Sen...
The Ohio House passed a bill that would update the state's Internal Revenue Code (IRC) conformity date to incorporate changes taking effect after March 7, 2025. The bill previously passed the Ohio Sen...
OK - Local tax rate changes announced
Oklahoma local sales and use tax and lodging tax rate changes have been announced effective April 1, 2026.Elgin imposes a new lodging tax at a rate of 7.0%.Copan imposes a new use tax at a rate of 3.0...
Oklahoma local sales and use tax and lodging tax rate changes have been announced effective April 1, 2026.Elgin imposes a new lodging tax at a rate of 7.0%.Copan imposes a new use tax at a rate of 3.0...
OR - Guidance on kids credit adjustments released
Oregon updated guidance for taxpayers claiming the Oregon Kids Credit on personal income tax returns for 2025. Oregon had to make corrections to tax form instructions and tax preparation software part...
Oregon updated guidance for taxpayers claiming the Oregon Kids Credit on personal income tax returns for 2025. Oregon had to make corrections to tax form instructions and tax preparation software part...
PA - Tax assessment on complimentary rooms not authorized
The Commonwealth Court of Pennsylvania affirmed the decision of the trial court, holding that a casino resort is not obligated to pay hotel room rental tax on complimentary rooms provided to patrons. ...
The Commonwealth Court of Pennsylvania affirmed the decision of the trial court, holding that a casino resort is not obligated to pay hotel room rental tax on complimentary rooms provided to patrons. ...
RI - Conveyance tax tier 2 threshold adjusted
The tier 2 threshold amount for Rhode Island real estate conveyance tax has been adjusted for inflation. For 2026, the tier 2 threshold amount is $824,000.In Rhode Island, the real estate conveyance t...
The tier 2 threshold amount for Rhode Island real estate conveyance tax has been adjusted for inflation. For 2026, the tier 2 threshold amount is $824,000.In Rhode Island, the real estate conveyance t...
SC - Treatment of equipment leased with operator explained
South Carolina issued guidance on the application of sales and use tax to rentals and leases of tangible personal property with an operator. The ruling specifies that transactions involving a person w...
South Carolina issued guidance on the application of sales and use tax to rentals and leases of tangible personal property with an operator. The ruling specifies that transactions involving a person w...
SD - Guidance on taxation of hotels, motels and campgrounds updated
South Dakota updated its guidance on sales and use taxes for hotels, motels, campgrounds, and related establishments. The guidance outlines the application of state sales tax, municipal sales tax, mun...
South Dakota updated its guidance on sales and use taxes for hotels, motels, campgrounds, and related establishments. The guidance outlines the application of state sales tax, municipal sales tax, mun...
TN - County mineral severance tax rate increases announced
Tennessee announced that the following counties will increase their mineral severance taxes to 20 cents per ton, effective April 1, 2026: Hamblen; Johnson; Meigs; and Union.Also, Sequatchie County has...
Tennessee announced that the following counties will increase their mineral severance taxes to 20 cents per ton, effective April 1, 2026: Hamblen; Johnson; Meigs; and Union.Also, Sequatchie County has...
TX - Updated R&D credit information
Texas updated its guidance regarding the research and development (R&D) credit available under the Texas franchise tax. The guidance indicates that the R&D credit available prior to January 1,...
Texas updated its guidance regarding the research and development (R&D) credit available under the Texas franchise tax. The guidance indicates that the R&D credit available prior to January 1,...
UT - Koosharem imposes municipality transient room tax
Beginning April 1, 2026, Koosharem in Sevier County, Utah, imposes a 1% municipality transient room tax. This raises the total transient room tax in Koosharem to 6.57%. Those providing short-term publ...
Beginning April 1, 2026, Koosharem in Sevier County, Utah, imposes a 1% municipality transient room tax. This raises the total transient room tax in Koosharem to 6.57%. Those providing short-term publ...
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 - Nonprofit organization properly denied tax exemption for office condominium it owned
The Court of Appeals of Virginia affirmed a trial court’s ruling that a nonprofit organization was not entitled to a real property tax exemption for a two-unit office condominium that it owned. Init...
The Court of Appeals of Virginia affirmed a trial court’s ruling that a nonprofit organization was not entitled to a real property tax exemption for a two-unit office condominium that it owned. Init...
WA - Guidance issued on tire fees
The Washington Department of Revenue has reminded taxpayers that the tire fee imposed on each new vehicle tire sold on or after January 1, 2026 is $5. Sellers of studded tires must collect this fee in...
The Washington Department of Revenue has reminded taxpayers that the tire fee imposed on each new vehicle tire sold on or after January 1, 2026 is $5. Sellers of studded tires must collect this fee in...
WV - House passes IRC conformity bills
The West Virginia House of Delegates passed bills proposing to update the IRC conformity tie-in date for calculating corporate and personal income tax liability. S.B. 393 and S.B. 400, as passed...
The West Virginia House of Delegates passed bills proposing to update the IRC conformity tie-in date for calculating corporate and personal income tax liability. S.B. 393 and S.B. 400, as passed...
WI - Film tax credit highlighted in state of the state address
In his eighth and final State of the State address, Wisconsin Gov. Tony Evers looked back at the efforts of his administration. One of the highlights noted was the creation of Film Wisconsin and the n...
In his eighth and final State of the State address, Wisconsin Gov. Tony Evers looked back at the efforts of his administration. One of the highlights noted was the creation of Film Wisconsin and the n...
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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