The IRS launched a digitally authenticated Tax Compliance Report available through the IRS Individual Online Account. Taxpayers can obtain and download the report when applying for a job, a loan, a go...
The 2026 interest rates to be used in computing the special use value of farm real property for which an election is made under Code Sec. 2032A were issued by the IRS.In the ruling, the IRS lists th...
The IRS has announced a new Office of Conservation Easements to improve how conservation easement cases are handled and to provide more consistent tax administration. The new office will bring togethe...
The IRS and Security Summit partners reminded tax professionals to protect client data with a Written Information Security Plan. Under the Gramm-Leach-Bliley Act, tax and accounting professionals are ...
The IRS has reminded taxpayers to be careful when making charitable donations because scams can lead to financial loss and incorrect tax deductions. The agency said scammers often create fake charitie...
The IRS has reminded taxpayers who make charitable donations to keep complete and organized records of their contributions throughout the year. The agency said good records can make filing a tax retur...
The IRS has added new features to its Business Tax Account (BTA) to help eligible businesses and organizations manage their federal tax responsibilities online. The agency said users can now view mo...
The IRS has highlighted the important role of whistleblowers in exposing fraud, reducing the tax gap and strengthening compliance. The National Whistleblower Day, on July 20, commemorates the nationâ€...
The IRS has announced an increase in the optional standard mileage rate for the remainder of 2026. Optional standard mileage rates are used by employees, self-employed individuals, and other taxpayers...
The IRS has updated the applicable percentage table used to calculate an individual’s premium tax credit and required contribution percentage plan years beginning in calendar year 2027. The percenta...
Final regulations under Code Sec. 2056A have been adopted, applicable specifically to the estates of decedents that are passing property in a qualified domestic trust (QDOT) to (or for the benefit o...
The IRS has reminded businesses that seasonal and part-time employees must generally follow the same federal tax withholding, Social Security and Medicare tax rules as full-time employees. The agency ...
The IRS has advised newly married couples to update their tax information before the next tax filing season. The agency said marriage can change a couple's taxes, so taking a few simple steps now can ...
The IRS has reminded taxpayers that they have the right to question an IRS decision if they believe it is incorrect. This right is part of the Taxpayer Bill of Rights and helps make sure taxpayers a...
The National Taxpayer Advocate has released the Fiscal Year 2027 Objectives Report to Congress, concluding that the IRS generally conducted a successful 2026 filing season despite significant operatio...
Alabama announced Autauga County local sales, use, and rental tax changes effective September 1, 2026. The changes increase the county's general sales and general use tax rate from 2% to 2.5% and impo...
A dispute arose over how to calculate tax credits for the Municipality of Anchorage’s natural gas production. Alaska law taxes the production of natural gas, while also allowing gas producers to cla...
Arizona's Department of Revenue released the transaction privilege tax (TPT) rate chart effective October 1, 2026. It includes rate changes for San Tan Valley and Tusayan. Transaction Privilege and Ot...
The Arkansas Attorney General's office has opined that the name, image and likeness (NIL) income tax exemption does not apply to direct payments received by a student-athlete from any entity that is n...
For the period from January 1, 2027, through June 30, 2027, California has determined that the adjusted interest rate is 7% for personal income tax underpayments and overpayments and corporation franc...
Colorado updated its sales and use tax guidance for utilities. The guidance explains that gas and electric service furnished and sold for commercial consumption, steam consumed or used by the purchase...
Guidance is provided regarding 2026 legislation that modified Connecticut's conformity to IRC Sec. 174 and IRC Sec. 174A. IRC Sec. 174 was substantially amended in 2025 by OBBBA (Federal P.L. 119-121)...
Delaware is increasing the emergency 911 system surcharge (E911) on the retail sale of prepaid wireless services from $0.60 to $0.90, effective beginning October 1, 2026. Retailers selling prepaid wir...
The District of Columbia has issued guidance discussing the procedure for appealing determinations of fair market value (FMV) by the recorder of deeds for imposing recordation and/or transfer taxes fo...
Applicable to tourist development tax collected on or after October 1, 2026, collection and administration of the 5% Highlands County tourist development tax imposed on transient rentals is transferre...
Georgia ruled that a taxpayer’s DNA testing services sourced to Georgia are not subject to sales and use tax, that the services and specimen-collecting kits do not create a taxable bundled transacti...
The Hawaii Intermediate Court of Appeals vacated a dismissal of a declaratory judgment action challenging the Department of Taxation's Administrative Directive No. 2021-01, because state law prohibiti...
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...
Illinois issued a guidance publication on sales and hotel tax exemptions for foreign diplomats. The guidance explains how diplomats certify that a purchase is tax exempt, the different kinds of tax ex...
Effective January 1, 2027, Noble County increases its county innkeeper‘s tax rate from 5% to 8%. The county innkeeper's tax, which is in addition to state sales tax, is a county tax on the rental of...
Petitioner is an Iowa company whose primary business activity is mining Bitcoin. Petitioner uses application-specific integrated circuit (ASIC) hardware to mine the cryptocurrency. With the ASIC hardw...
Kansas issued guidance discussing legislation that:repeals the corporate income tax credit for alternative fuel motor vehicles and fueling stations on January 1, 2027; andestablishes new income tax cr...
Kentucky issued its handbook providing guidance on electronic income tax filing and payment for the 2026 tax year. The filing and payment deadline for the 2026 tax year is April 15, 2027. The handbook...
The Louisiana Department of Revenue has announced that a preliminary fortified home evaluation is no longer required to qualify for the fortified roof tax credit against personal income tax. Revenue I...
Maine Revenue Services has issued information on pass-through entity tax filing and estimated payments, including revised withholding tables and an estimated payment worksheet.The pass-through entity ...
The Appellate Court of Maryland has ruled that to redeem property sold at a tax sale, property taxes delinquent and in arrears must be paid. In this case, because 2024-2025 taxes were not in arrears o...
The Massachusetts Appeals Court reversed an Appellate Tax Board decision and held that a residential property tax exemption did not apply because the taxpayer was the limited liability company (LLC) t...
Michigan Governor, Gretchen Whitmer, has reminded taxpayers that renters and homeowners have until September 30, 2026 to submit a claim for the home heating tax credit. Applicants must meet certain in...
A taxpayer’s motion for partial summary judgment seeking an order that the Minnesota alternative minimum tax (AMT) was unconstitutional was denied because the taxpayer did not meet his burden of dem...
Mississippi issued guidance on the Individual Coverage Health Reimbursement Arrangement (ICHRA) credit for qualified employers that offer an ICHRA in lieu of a traditional employer-provided health ins...
An applicant’s charges for retrieving, compiling, reproducing, and furnishing medical records on a CD are not subject to Missouri sales tax. Applying the "true object" test, the Department of Revenu...
Taxpayers appealed a final decision by the Montana Department of Revenue (Department) denying a deduction for interest paid on shareholder promissory notes (Subject Transactions). The Department concl...
The Nebraska Department of Revenue updated guidance on personal income tax withholding from wages, pensions and annuities, and gambling winnings. Specifically, the guidance explains the responsibiliti...
The June 2026 issue of Nevada Tax Notes focuses primarily on Nevada tax administration and compliance updates. The headline item is the upcoming Phase 3 rollout of My Nevada Tax on December 7, 2026, w...
The interest rates for the underpayment and overpayment of New Hampshire taxes administered by the Department of Revenue Administration are unchanged for calendar year 2027. The interest rate for unde...
New Jersey is temporarily capping the corporate business tax net operating loss deduction at $1 million, for privilege periods ending on or after July 31, 2026 but before July 31, 2030. For privilege ...
New Mexico has announced that its interest rate on underpaid and overpaid taxes will remain at 7% for the fourth quarter of 2026. Penalty & Interest Rates, New Mexico Taxation and Revenue Departme...
The New York Tax Appeals Tribunal upheld an administrative law judge’s decision that a company’s cloud-based document management services were properly subject to sales and use tax as prewritten s...
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...
North Dakota has announced the following local sales and use tax changes effective October 1, 2026: (1) the city of Kindred will remove its maximum tax (refund cap); (2) the city of Minot will increas...
Ohio has released the petroleum activity tax (PAT) statewide average wholesale prices for the fourth quarter of 2026.The average prices per gallon for the quarter are:$3.041 for unleaded gasoline$3.71...
Oklahoma has updated its Streamlined Sales and Use Tax (SST) Agreement taxability matrix and certificate of compliance. The changes are effective August 1, 2026. Taxability Matrix: Tax Administration...
Portland has amended its Arts Tax to provide tax relief and enhance the sustainability of the Arts Access Fund.The tax is increased from $35 to $50 on each resident of Portland who is at least 18 in t...
The Commonwealth Court held that for purposes of the Local Tax Enabling Act (LTEA) a beef processor does not qualify for the manufacturing exemption. The taxpayer operated a large-scale beef-processin...
Effective July 1, 2027, certain urban and small farmers are exempt from Rhode Island personal income, sales, and property taxes. A "small farmer" is a farmer engaged in agricultural operations on fewe...
South Carolina issued a revenue procedure discussing the most common penalties arising from noncompliance (i.e., failure to file, failure to pay, negligence, substantial understatement, and civil frau...
South Dakota revised its sales and use tax guidance on how state and local taxes apply to agricultural products. The guidance states that South Dakota imposes a 4.2% state sales or use tax and a 1% to...
Tennessee announced that Jackson County enacted a mineral severance tax rate of 20 cents per ton on certain minerals severed within the county, effective September 1, 2026. The rate applies to all san...
Texas issued a private letter ruling stating that a taxpayer’s independent dispute resolution services under the federal No Surprises Act are taxable sales and use tax insurance services because the...
The Utah State Tax Commission announced the following local sales and use tax rate changes, effective October 1, 2026.Emergency Services TaxWashington City and Hildale (Washington County) impose a 0.3...
Updated guidance is issued regarding the calculation, filing, and payment requirements of use tax. Additional topics discussed include filing and paying the use tax electronically, local option tax, a...
The Virginia Department of Taxation has issued a reminder about the upcoming annual state sales tax holiday that runs from August 7 through August 9, 2026. During this period, consumers can buy a numb...
The Washington Department of Revenue has clarified the business and occupation (B&O) tax exemption for insurers to reflect that a taxpayer is not exempt only because it receives payment from an in...
West Virginia announced a change to the tax rate imposed on acute care hospitals that provide Medicaid and Medicare services in the state. Effective October 1, 2026, the rate is 2.5%. Administrative N...
The Wisconsin Department of Revenue has issued Wisconsin Tax Bulletin Number 234 (July 2026). The Bulletin includes:Income and Franchise Tax Updates and Reminders;Sales and Use Tax Updates and Reminde...
Wyoming adopted amendments to its rules regarding property tax exemption standards effective August 26, 2026. These amendments implement legislation effective July 1, 2026. This legislation made vario...
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