Tax Alerts
Tax Briefing(s)
IRS Highlights Essentials for Tax Filing (IR-2025-23)
The IRS encouraged taxpayers to make essential preparations and be aware of significant changes that may affect their 2024 tax returns. The deadline for submitting Form 1040, U.S. Individual Income Ta...
The IRS encouraged taxpayers to make essential preparations and be aware of significant changes that may affect their 2024 tax returns. The deadline for submitting Form 1040, U.S. Individual Income Ta...
IRS Urges Taxpayers to Choose Tax Preparers Carefully to Protect Data (IR-2025-21)
The IRS reminded taxpayers to choose the right tax professional to help them avoid tax-related identity theft and financial harm. Following are key tips for choosing a tax preparer:Look for a preparer...
The IRS reminded taxpayers to choose the right tax professional to help them avoid tax-related identity theft and financial harm. Following are key tips for choosing a tax preparer:Look for a preparer...
IRS Offers Top Tips to Make Tax Time Easier (IR-2025-19)
The IRS provided six tips to help taxpayers file their 2024 tax returns more easily. Taxpayers should follow these steps for a smoother filing process:Gather all necessary tax paperwork and records to...
The IRS provided six tips to help taxpayers file their 2024 tax returns more easily. Taxpayers should follow these steps for a smoother filing process:Gather all necessary tax paperwork and records to...
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 - Town of Citronelle eliminates police jurisdiction
The Town of Citronelle has eliminated the police jurisdiction outside the city's corporate limits. This change, effective from March 1, 2025, means that the Town of Citronelle's local taxes and fees w...
The Town of Citronelle has eliminated the police jurisdiction outside the city's corporate limits. This change, effective from March 1, 2025, means that the Town of Citronelle's local taxes and fees w...
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 - IRC conformity updated
Arizona has updated its conformity to the Internal Revenue Code (IRC) for income tax purposes. For tax years beginning after 2024, Arizona now conforms to the IRC as amended and in effect on January 1...
Arizona has updated its conformity to the Internal Revenue Code (IRC) for income tax purposes. For tax years beginning after 2024, Arizona now conforms to the IRC as amended and in effect on January 1...
AR - Fees authorized for carbon dioxide storage
The Arkansas Oil and Gas Commission is authorized to impose a carbon storage permit application fee of $50,000 and an annual well fee of $1,000 per Class VI injection well permitted in a carbon dioxid...
The Arkansas Oil and Gas Commission is authorized to impose a carbon storage permit application fee of $50,000 and an annual well fee of $1,000 per Class VI injection well permitted in a carbon dioxid...
CA - Nonresident liable for tax on income from writing computer codes for California company
A nonresident taxpayer who wrote computer codes for a California company and received income from the company for his services owed California tax on that income. The taxpayer argued that he was a non...
A nonresident taxpayer who wrote computer codes for a California company and received income from the company for his services owed California tax on that income. The taxpayer argued that he was a non...
CO - Franchise fees charged by municipalities are subject to sales tax
In a nonbinding general information letter, the Colorado Department of Revenue indicated that franchise fees charged by municipalities are subject to Colorado sales tax. Sales tax applies to the full ...
In a nonbinding general information letter, the Colorado Department of Revenue indicated that franchise fees charged by municipalities are subject to Colorado sales tax. Sales tax applies to the full ...
CT - Two new returns developed for composite income tax and pass-through entity returns
Due to significant changes made to the pass-through entity tax, two new returns, a composite income tax return and a pass-through entity return, were developed by the Connecticut Department of Revenue...
Due to significant changes made to the pass-through entity tax, two new returns, a composite income tax return and a pass-through entity return, were developed by the Connecticut Department of Revenue...
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 - Guidance provided for insurers that pay the state fire marshal regulatory assessment
Guidance is provided for property and casualty insurers that write inland marine insurance and pay the State Fire Marshal Regulatory Assessment on those premiums, for Florida premiums tax purposes.Sch...
Guidance is provided for property and casualty insurers that write inland marine insurance and pay the State Fire Marshal Regulatory Assessment on those premiums, for Florida premiums tax purposes.Sch...
GA - Consolidated returns regulations updated for clarity and uniformity
Georgia has updated regulations regarding the filing of consolidated corporate income tax returns to conform with current law and to provide additional clarity. The modifications, effective from Janua...
Georgia has updated regulations regarding the filing of consolidated corporate income tax returns to conform with current law and to provide additional clarity. The modifications, effective from Janua...
HI - Senate approves IRC conformity update
The Hawaii Senate has approved a bill that would update Hawaii’s Internal Revenue Code tie-in date for computing corporate and individual income tax liability. The bill would move the general confor...
The Hawaii Senate has approved a bill that would update Hawaii’s Internal Revenue Code tie-in date for computing corporate and individual income tax liability. The bill would move the general confor...
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 - Bonus depreciation deduction not allowed after taxpayer's death
Illinois allows personal income taxpayers a subtraction adjustment for federal bonus depreciation after a taxpayer sells, transfers, abandons, or otherwise disposes of the property. The adjustment rev...
Illinois allows personal income taxpayers a subtraction adjustment for federal bonus depreciation after a taxpayer sells, transfers, abandons, or otherwise disposes of the property. The adjustment rev...
IN - March 2025 gasoline use tax rate announced
The Indiana gasoline use tax rate for the month of March 2025, is $0.165 per gallon. Departmental Notice #2, Indiana Department of Revenue, March 2025...
The Indiana gasoline use tax rate for the month of March 2025, is $0.165 per gallon. Departmental Notice #2, Indiana Department of Revenue, March 2025...
IA - Changes to rules related to agency procedure
The Iowa Department of Revenue announced changes to rules on agency procedure. The Department, Lottery Authority, and Alcoholic Beverages Division all maintained their own set of rules and the goal is...
The Iowa Department of Revenue announced changes to rules on agency procedure. The Department, Lottery Authority, and Alcoholic Beverages Division all maintained their own set of rules and the goal is...
KS - Oil and gas appraisal guide updated for 2025
Kansas updated its oil and gas property tax appraisal guide for 2025. The guide contains a summary of changes, crude oil price schedules, the gas market adjustment factor (MAF), rendition forms, and i...
Kansas updated its oil and gas property tax appraisal guide for 2025. The guide contains a summary of changes, crude oil price schedules, the gas market adjustment factor (MAF), rendition forms, and i...
KY - Deadlines extended due to storms
Kentucky announced income tax deadline extensions for individuals and businesses in the entire state because of severe storms, straight-line winds, flooding, and landslides that began on February 14, ...
Kentucky announced income tax deadline extensions for individuals and businesses in the entire state because of severe storms, straight-line winds, flooding, and landslides that began on February 14, ...
LA - DOR offers guidance on maximum use tax cap on vehicles registered by new residents
The Louisiana Department of Revenue has provided guidance on recent legislation that caps the amount of use tax due on certain motor vehicles registered by new residents.Effective January 1, 2025, aft...
The Louisiana Department of Revenue has provided guidance on recent legislation that caps the amount of use tax due on certain motor vehicles registered by new residents.Effective January 1, 2025, aft...
ME - Direct pay rules amended to reflect sales tax on leases and rentals
Maine Rule 308, which outlines combined reporting of manufacturers' and utilities' purchases using direct pay permits, has been amended to reflect sales tax on leases and rentals. Rule 308, Maine Rev...
Maine Rule 308, which outlines combined reporting of manufacturers' and utilities' purchases using direct pay permits, has been amended to reflect sales tax on leases and rentals. Rule 308, Maine Rev...
MD - Maryland governor proposes closing corporate tax loopholes, expanding standard deduction and child tax credit
In his 2025 State of the State Address, Maryland Governor Wes Moore said that he will propose a tax reform package that:closes corporate tax loopholes to lower the corporate tax rate;doubles the perso...
In his 2025 State of the State Address, Maryland Governor Wes Moore said that he will propose a tax reform package that:closes corporate tax loopholes to lower the corporate tax rate;doubles the perso...
MA - Tax exemption appeal denied, lessee liable for commercial use taxation
A court affirmed a tax board's decision, rejecting a taxpayer's claim for a Massachusetts property tax exemption. The taxpayer argued that a provision of a 1993 bill, enacted by the Legislature upon o...
A court affirmed a tax board's decision, rejecting a taxpayer's claim for a Massachusetts property tax exemption. The taxpayer argued that a provision of a 1993 bill, enacted by the Legislature upon o...
MI - Prepaid fuel tax rates announced
The Michigan prepaid sales tax rate for fuel is decreased to 15.6 cents per gallon for the period of April 1, 2025 through April 30, 2025. The rate for diesel fuel remains 18.4 cents per gallon. Reve...
The Michigan prepaid sales tax rate for fuel is decreased to 15.6 cents per gallon for the period of April 1, 2025 through April 30, 2025. The rate for diesel fuel remains 18.4 cents per gallon. Reve...
MN - Fact sheet on special local taxes revised
Minnesota revised a fact sheet on special local taxes to reflect that Grand Rapids imposes a 3.0% lodging tax, starting January 1, 2025. Sales Tax Fact Sheet 164S, Minnesota Department of Revenue, Fe...
Minnesota revised a fact sheet on special local taxes to reflect that Grand Rapids imposes a 3.0% lodging tax, starting January 1, 2025. Sales Tax Fact Sheet 164S, Minnesota Department of Revenue, Fe...
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 - Local tax rate changes announced
The following local Missouri sales and use tax rate changes take effect April 1, 2025. Also, new rates are listed for each county, city, and special district affected by the rate changes.County Change...
The following local Missouri sales and use tax rate changes take effect April 1, 2025. Also, new rates are listed for each county, city, and special district affected by the rate changes.County Change...
MT - Electronic funds threshold lowered
Montana enacted legislation that lowers the threshold requirement for taxes paid by electronic funds. For taxes paid by electronic funds transfers after December 31, 2025, the previous $500,000 or gre...
Montana enacted legislation that lowers the threshold requirement for taxes paid by electronic funds. For taxes paid by electronic funds transfers after December 31, 2025, the previous $500,000 or gre...
NE - Veterans' eligibility for homestead exemption expanded
A veteran with an assignment of total disability rating pursuant to 38 C.F.R. 4.16 qualifies for the Nebraska homestead property tax exemption. L.B. 209, Laws 2025, effective February 25, 2025...
A veteran with an assignment of total disability rating pursuant to 38 C.F.R. 4.16 qualifies for the Nebraska homestead property tax exemption. L.B. 209, Laws 2025, effective February 25, 2025...
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 - Estate and trust income tax guidelines detailed
New Jersey has updated its guidance explaining the filing and gross (personal) income tax reporting requirements of estates and trusts and of beneficiaries. The forms and amounts referred to in the bu...
New Jersey has updated its guidance explaining the filing and gross (personal) income tax reporting requirements of estates and trusts and of beneficiaries. The forms and amounts referred to in the bu...
NM - MIP credit refundable
The New Mexico Administrative Hearings Office held that the New Mexico Taxation and Revenue Department erred in denying a taxpayer a refund of unused Medical Insurance Pool ("MIP") credits. The hearin...
The New Mexico Administrative Hearings Office held that the New Mexico Taxation and Revenue Department erred in denying a taxpayer a refund of unused Medical Insurance Pool ("MIP") credits. The hearin...
NY - Disclosure of data for petroleum or fossil fuel businesses clarified
New York clarifies that the Department of Taxation and Finance may disclose data other than taxpayer identity information from a return of one or more petroleum or fossil fuel businesses to the Depart...
New York clarifies that the Department of Taxation and Finance may disclose data other than taxpayer identity information from a return of one or more petroleum or fossil fuel businesses to the Depart...
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 - Primary residence credit expanded
North Dakota expanded eligibility for the $500 property tax credit allowed for primary residences. As amended, the credit now also includes (1) individuals having a life estate in the property, (2) pr...
North Dakota expanded eligibility for the $500 property tax credit allowed for primary residences. As amended, the credit now also includes (1) individuals having a life estate in the property, (2) pr...
OH - Refund hearing denied due to constitutional issues
The Ohio Board of Tax Appeals affirmed a decision that denied a financial institution's refund application for Financial Institutions Tax (FIT). The financial institution sought an alternative apporti...
The Ohio Board of Tax Appeals affirmed a decision that denied a financial institution's refund application for Financial Institutions Tax (FIT). The financial institution sought an alternative apporti...
OK - Correction: local tax rate change announced
The Oklahoma Tax Commission has corrected a prior local tax rate announcement. Beginning April 1, 2025, Muskogee County increases its sales and use tax rate to 1.499%. ERates and Codes for Sales, Use,...
The Oklahoma Tax Commission has corrected a prior local tax rate announcement. Beginning April 1, 2025, Muskogee County increases its sales and use tax rate to 1.499%. ERates and Codes for Sales, Use,...
OR - Paid leave Oregon benefit subtraction clarified
Oregon has clarified how personal income taxpayers who reported Paid Leave Oregon benefits on their federal income and itemized deductions, can utilize a tax subtraction. The subtraction is not availa...
Oregon has clarified how personal income taxpayers who reported Paid Leave Oregon benefits on their federal income and itemized deductions, can utilize a tax subtraction. The subtraction is not availa...
PA - Philadelphia offers monthly property tax payment plans
Philadelphia homeowners may now pay their property taxes in monthly installments until December, rather than the previous date of March 31. The program is open to seniors and low-income homeowners who...
Philadelphia homeowners may now pay their property taxes in monthly installments until December, rather than the previous date of March 31. The program is open to seniors and low-income homeowners who...
RI - Taxpayers reminded of 2025 LLC filing requirements
The Rhode Island Department of Revenue Division of Taxation has issued a notice summarizing the 2025 income tax filing requirements for LLCs. Notice 2025-01, Rhode Island Division of Taxation, Februa...
The Rhode Island Department of Revenue Division of Taxation has issued a notice summarizing the 2025 income tax filing requirements for LLCs. Notice 2025-01, Rhode Island Division of Taxation, Februa...
SC - Guidance on textile mill rehabilitation credits clarified
After recently issuing a revenue ruling to update previous guidance concerning the South Carolina income and property tax credits available under the Textiles Communities Revitalization Act, the Depar...
After recently issuing a revenue ruling to update previous guidance concerning the South Carolina income and property tax credits available under the Textiles Communities Revitalization Act, the Depar...
SD - Guidance on self-contractors updated
The South Dakota Department of Revenue has updated guidance on the application of contractor’s excise tax for self-contractors. The document was updated to include changes to the section regarding s...
The South Dakota Department of Revenue has updated guidance on the application of contractor’s excise tax for self-contractors. The document was updated to include changes to the section regarding s...
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 - January 2025 certification of the average closing price of gas and oil released
The Texas Comptroller of Public Accounts has determined the average taxable price of crude oil for the reporting period January 2025 is $43.30 per barrel for the three-month period beginning on Octobe...
The Texas Comptroller of Public Accounts has determined the average taxable price of crude oil for the reporting period January 2025 is $43.30 per barrel for the three-month period beginning on Octobe...
UT - Prepaid wireless 911 service charge lowered
The Utah Tax Commission announced that a previously issued bulletin (Tax Bulletin 19-24) listed telecommunications rate changes effective January 1, 2025, but it incorrectly did not include informatio...
The Utah Tax Commission announced that a previously issued bulletin (Tax Bulletin 19-24) listed telecommunications rate changes effective January 1, 2025, but it incorrectly did not include informatio...
VT - FAQs issued for certain small to mid-size businesses
Vermont issued a set of frequently asked questions (FAQs) for small to mid-size businesses having only Vermont resident owners. The FAQs specifically cover business income tax filing procedures for S ...
Vermont issued a set of frequently asked questions (FAQs) for small to mid-size businesses having only Vermont resident owners. The FAQs specifically cover business income tax filing procedures for S ...
VA - New tax form announced
The Virginia Department of Taxation has announced a new sales tax form, the ST-1. The new ST-1 replaces multiple sales tax forms and schedules, including the ST-6, ST-7, ST-8, and the ST-9.What’s ch...
The Virginia Department of Taxation has announced a new sales tax form, the ST-1. The new ST-1 replaces multiple sales tax forms and schedules, including the ST-6, ST-7, ST-8, and the ST-9.What’s ch...
WA - Guidance provided on litter tax
The Washington Department of Revenue has provided guidance on the application of the litter tax. The tax is imposed on manufacturers, wholesalers, and retailers of certain products that contribute to ...
The Washington Department of Revenue has provided guidance on the application of the litter tax. The tax is imposed on manufacturers, wholesalers, and retailers of certain products that contribute to ...
WV - IRC conformity tie-in date updated
West Virginia enacted legislation that updates the IRC conformity tie-in date for calculating corporate and personal income tax liability. Taxpayers determining West Virginia income tax liability m...
West Virginia enacted legislation that updates the IRC conformity tie-in date for calculating corporate and personal income tax liability. Taxpayers determining West Virginia income tax liability m...
WI - Guidance on community rehabilitation program credit updated
For corporate and personal income tax purposes, the Wisconsin Department of Revenue has updated its publication regarding the community rehabilitation program credit. An entity that enters into a cont...
For corporate and personal income tax purposes, the Wisconsin Department of Revenue has updated its publication regarding the community rehabilitation program credit. An entity that enters into a cont...
WY - Use tax provisions revised to align with sales tax laws
Wyoming has enacted legislation changing the method for determining the fair market value beginning January 1, 2026. The legislation states that fair market value will be determined "using valuation i...
Wyoming has enacted legislation changing the method for determining the fair market value beginning January 1, 2026. The legislation states that fair market value will be determined "using valuation i...
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