Tax Alerts
Tax Briefing(s)
Earned Income Tax Credit Marks 50th Year Aiding Working Families (IR-2025-38)
The IRS acknowledged the 50th anniversary of the Earned Income Tax Credit (EITC), which has helped lift millions of working families out of poverty since its inception. Signed into law by President ...
The IRS acknowledged the 50th anniversary of the Earned Income Tax Credit (EITC), which has helped lift millions of working families out of poverty since its inception. Signed into law by President ...
Applicable Terminal Charge and SIFL Rates for Determining Value of Noncommercial Flights on Employer-Provided Aircraft Issued (Rev. Rul. 2025-09)
The IRS has released the applicable terminal charge and the Standard Industry Fare Level (SIFL) mileage rate for determining the value of noncommercial flights on employer-provided aircraft in effect ...
The IRS has released the applicable terminal charge and the Standard Industry Fare Level (SIFL) mileage rate for determining the value of noncommercial flights on employer-provided aircraft in effect ...
IRS Urges Taxpayers To Review Withholding Early To Avoid Surprises Next Filing Season (IR-2025-52)
The IRS is encouraging individuals to review their tax withholding now to avoid unexpected bills or large refunds when filing their 2025 returns next year. Because income tax operates on a pay-as-you-...
The IRS is encouraging individuals to review their tax withholding now to avoid unexpected bills or large refunds when filing their 2025 returns next year. Because income tax operates on a pay-as-you-...
IRS Whistleblower Office Unveils First Multi-Year Operating Plan To Strengthen Program Oversight (IR 2025-40)
The IRS has reminded individual taxpayers that they do not need to wait until April 15 to file their 2024 tax returns. Those who owe but cannot pay in full should still file by the deadline to avoid t...
The IRS has reminded individual taxpayers that they do not need to wait until April 15 to file their 2024 tax returns. Those who owe but cannot pay in full should still file by the deadline to avoid t...
AL - Department begins administering, collecting local taxes in Glencoe
Effective May 1, 2025, the Alabama Department of Revenue begins administering and collecting the city of Glencoe's local sales and use taxes. The first city of Glencoe local tax return filed...
Effective May 1, 2025, the Alabama Department of Revenue begins administering and collecting the city of Glencoe's local sales and use taxes. The first city of Glencoe local tax return filed...
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 - Limitation on County board of equalization decisions enacted
Arizona amended current property tax statutes regarding the decisions made by county boards of equalization. The county board's decision must not exceed the county assessor's noticed valuation and rec...
Arizona amended current property tax statutes regarding the decisions made by county boards of equalization. The county board's decision must not exceed the county assessor's noticed valuation and rec...
AR - Wood energy products and forest maintenance tax credit amended
The Arkansas Wood Energy Products and Forest Maintenance income tax credit has been amended to include eligible projects that support the Arkansas timber industry by using wood byproducts...
The Arkansas Wood Energy Products and Forest Maintenance income tax credit has been amended to include eligible projects that support the Arkansas timber industry by using wood byproducts...
CA - 2025-2026 cigarette and tobacco products tax rates announced
The Arkansas Wood Energy Products and Forest Maintenance income tax credit has been amended to include eligible projects that support the Arkansas timber industry by using wood byproducts...
The Arkansas Wood Energy Products and Forest Maintenance income tax credit has been amended to include eligible projects that support the Arkansas timber industry by using wood byproducts...
CO - First-time home buyer savings account subtraction guidance updated
Colorado has updated updated its guidance on the subtraction from income allowed to individuals for interest and other income earned on money in a first-time home buyer savings account. The...
Colorado has updated updated its guidance on the subtraction from income allowed to individuals for interest and other income earned on money in a first-time home buyer savings account. The...
CT - Tobacco products manufacturers notified of annual revision of required forms
Connecticut notifies tobacco products manufacturers of the annual revision of required forms that must be completed and filed with either the Connecticut Department of Revenue Services or the Office o...
Connecticut notifies tobacco products manufacturers of the annual revision of required forms that must be completed and filed with either the Connecticut Department of Revenue Services or the Office o...
DE - Budget proposes rate cuts, new brackets, tobacco tax increase
Delaware Gov. Matt Meyer released his budget for fiscal year 2026 that includes proposals to cut personal income taxes and create 3 new tax brackets. The budget also includes a proposal to increase th...
Delaware Gov. Matt Meyer released his budget for fiscal year 2026 that includes proposals to cut personal income taxes and create 3 new tax brackets. The budget also includes a proposal to increase th...
DC - New electronic filing requirements discussed
The District of Columbia has provided additional information regarding new electronic filing requirements for specific income taxpayers for the 2025 tax year. The regulation requires taxpayers, who ex...
The District of Columbia has provided additional information regarding new electronic filing requirements for specific income taxpayers for the 2025 tax year. The regulation requires taxpayers, who ex...
FL - All Hillsborough County surtax collection resumes June 2025
Beginning June 1, 2025, dealers must resume collection of the following Hillsborough County discretionary sales surtaxes for Florida sales and use tax purposes:the 0.5% indigent care surtax; andthe 0....
Beginning June 1, 2025, dealers must resume collection of the following Hillsborough County discretionary sales surtaxes for Florida sales and use tax purposes:the 0.5% indigent care surtax; andthe 0....
GA - Personal income tax rate reduced
Georgia has enacted legislation that reduces the state's 2025 personal income tax rate from 5.39% to 5.19%. This is an acceleration of the previously scheduled rate reductions. The rate is scheduled t...
Georgia has enacted legislation that reduces the state's 2025 personal income tax rate from 5.39% to 5.19%. This is an acceleration of the previously scheduled rate reductions. The rate is scheduled t...
HI - Provisions relating to withholding of tax on wages amended
Hawaii has amended provisions relating to the withholding of tax on wages to:repeal the maximum tax rate that may be considered in determining the amount of income tax that must be withheld;re...
Hawaii has amended provisions relating to the withholding of tax on wages to:repeal the maximum tax rate that may be considered in determining the amount of income tax that must be withheld;re...
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 - Logan and Macon Counties impose cannabis tax
Illinois announced that Logan and Macon counties are imposing a tax on retail sales of adult use cannabis beginning July 1, 2025. Counties in the state can impose a tax in increments of...
Illinois announced that Logan and Macon counties are imposing a tax on retail sales of adult use cannabis beginning July 1, 2025. Counties in the state can impose a tax in increments of...
IN - Taxpayer May assign any part of the film and media production tax credit
A taxpayer may assign any part of the film and media production tax credit against Indiana corporate income, personal income, and financial institutions tax.Assignment of Film and Media...
A taxpayer may assign any part of the film and media production tax credit against Indiana corporate income, personal income, and financial institutions tax.Assignment of Film and Media...
IA - Disaster housing grants excluded from income
Qualifying grants issued under the State Disaster Recovery New Housing Program are excluded from net income for State corporate income tax and personal income tax purposes. The exclusio...
Qualifying grants issued under the State Disaster Recovery New Housing Program are excluded from net income for State corporate income tax and personal income tax purposes. The exclusio...
KS - Revenue based rate reductions authorized
The Kansas Legislature voted to override Gov. Laura Kelly's veto of legislation that allows income tax and financial institution privilege tax rate reductions if:revenue from income and privilege tax ...
The Kansas Legislature voted to override Gov. Laura Kelly's veto of legislation that allows income tax and financial institution privilege tax rate reductions if:revenue from income and privilege tax ...
KY - Local government premium tax bulletin updated
Kentucky updated a bulletin that contains guidance on local government premium taxes for insurance companies doing business in Kentucky, including the 2025-2026 tax rate schedule, a list o...
Kentucky updated a bulletin that contains guidance on local government premium taxes for insurance companies doing business in Kentucky, including the 2025-2026 tax rate schedule, a list o...
LA - Proposed amendment 2 fails
Proposed Amendment 2 to the Louisiana Constitution, which was on the March 29, 2025 ballot, failed. The amendment would have :lowered the maximum income tax rate;increased income tax deductions for ci...
Proposed Amendment 2 to the Louisiana Constitution, which was on the March 29, 2025 ballot, failed. The amendment would have :lowered the maximum income tax rate;increased income tax deductions for ci...
ME - Rule amended to impose electronic filing on certain taxpayers
Maine Rule 104, which outlines requirements for filing certain Maine tax returns, including electronic filing requirements, has been amended to require that the following file electronic returns:certa...
Maine Rule 104, which outlines requirements for filing certain Maine tax returns, including electronic filing requirements, has been amended to require that the following file electronic returns:certa...
MD - Correction: Maryland budget sent to governor
A previous story incorrectly summarized provisions in the Budget Reconciliation and Financing Act of 2025 approved by the Maryland General Assembly and sent to Maryland Governor Wes Moore.Sales and us...
A previous story incorrectly summarized provisions in the Budget Reconciliation and Financing Act of 2025 approved by the Maryland General Assembly and sent to Maryland Governor Wes Moore.Sales and us...
MA - Interest rates hold steady for the second quarter of 2025
The interest rates on the underpayment and overpayment of Massachusetts taxes are unchanged for the period April 1, 2025, through June 30, 2025.The rate for overpayments is 6%; andThe rate for underpa...
The interest rates on the underpayment and overpayment of Massachusetts taxes are unchanged for the period April 1, 2025, through June 30, 2025.The rate for overpayments is 6%; andThe rate for underpa...
MI - Interest rate on overpayment and underpayment of taxes announced
The Michigan interest rate on the underpayment and overpayment of taxes decreases to 8.66% for the period of July 1, 2025 through December 31, 2025. Revenue Administrative Bulletin 2025-6, Michigan D...
The Michigan interest rate on the underpayment and overpayment of taxes decreases to 8.66% for the period of July 1, 2025 through December 31, 2025. Revenue Administrative Bulletin 2025-6, Michigan D...
MN - Repayment required for excess child tax credit advance payments
The Minnesota Department of Revenue has stated its position on the reconciliation of advance payments of the Minnesota Child Tax Credit. Under certain conditions, taxpayers may receive advance pay...
The Minnesota Department of Revenue has stated its position on the reconciliation of advance payments of the Minnesota Child Tax Credit. Under certain conditions, taxpayers may receive advance pay...
MS - City of Ridgeland authorized to levy new taxes for park improvements
Mississippi has authorized the City of Ridgeland to levy a 1% tax on the gross proceeds of all sales from restaurants and a 2% tax on the gross proceeds of all sales from hotels and motels. The tax re...
Mississippi has authorized the City of Ridgeland to levy a 1% tax on the gross proceeds of all sales from restaurants and a 2% tax on the gross proceeds of all sales from hotels and motels. The tax re...
MO - Residential property assessments correction ordered
The Missouri State Tax Commission has ordered Jackson County officials to roll back residential property tax assessments. Specifically, in order to prevent excessive, mistaken, and erroneous ass...
The Missouri State Tax Commission has ordered Jackson County officials to roll back residential property tax assessments. Specifically, in order to prevent excessive, mistaken, and erroneous ass...
MT - Personal income tax revisions enacted
For Montana tax years beginning January 1, 2026, and ending December 31, 2026, the rate of 4.7% is imposed on taxable income up to $95,000 (increased from $41,000; for joint filers and surviving spous...
For Montana tax years beginning January 1, 2026, and ending December 31, 2026, the rate of 4.7% is imposed on taxable income up to $95,000 (increased from $41,000; for joint filers and surviving spous...
NE - Local tax rate guide issued
The Nebraska Department of Revenue has released a list of local sales and use tax rates in effect as of July 1, 2025. The table includes the new Good Life District (GLD) local sales and use taxes in G...
The Nebraska Department of Revenue has released a list of local sales and use tax rates in effect as of July 1, 2025. The table includes the new Good Life District (GLD) local sales and use taxes in G...
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 - Tobacco distributor must use actual price
The New Jersey Tax Court determined that a taxpayer was a "distributor," under the Tobacco and Vapors Product Tax (TPT) Act, so was not required to purchase tobacco directly from a manufacturer to u...
The New Jersey Tax Court determined that a taxpayer was a "distributor," under the Tobacco and Vapors Product Tax (TPT) Act, so was not required to purchase tobacco directly from a manufacturer to u...
NM - High-wage jobs tax credit threshold job definition modified
New Mexico has enacted legislation making a minor adjustment to the high-wage jobs tax credit by changing the definition of a “threshold job.” Threshold jobs are used in the tax credit to track a ...
New Mexico has enacted legislation making a minor adjustment to the high-wage jobs tax credit by changing the definition of a “threshold job.” Threshold jobs are used in the tax credit to track a ...
NY - Agreement announced on budget with various tax changes
New York Gov. Kathy Hochul announced an agreement on the Fiscal Year 2026 state budget package containing a variety of tax changes, including provisions that would:provide a tax cut for midd...
New York Gov. Kathy Hochul announced an agreement on the Fiscal Year 2026 state budget package containing a variety of tax changes, including provisions that would:provide a tax cut for midd...
NC: Victims of Hurricane Helene granted additional time to qualify for penalty relief
The North Carolina Department of Revenue will remove late action penalties assessed against affected taxpayers for licenses, returns, or payments due on September 25, 2024, through September 25, 202...
The North Carolina Department of Revenue will remove late action penalties assessed against affected taxpayers for licenses, returns, or payments due on September 25, 2024, through September 25, 202...
ND - Local tax change announcement for Fargo updated
North Dakota has revised the announcement that is issued previously concerning local sales and use tax rate changes effective April 1, 2025. The revised announcement notes that for the City...
North Dakota has revised the announcement that is issued previously concerning local sales and use tax rate changes effective April 1, 2025. The revised announcement notes that for the City...
OH - Guidance on building maintenance updated
The Ohio Department of Taxation has updated its sales and use tax guidance on the taxability of building maintenance and janitorial services. Activities such as sandblasting or chemical cleaning of bu...
The Ohio Department of Taxation has updated its sales and use tax guidance on the taxability of building maintenance and janitorial services. Activities such as sandblasting or chemical cleaning of bu...
OK - Payments in lieu of ad valorem tax imposed on Oklahoma wildlife conservation commission are unconstitutional
The Oklahoma Attorney General's office has opined that annual payments in lieu of ad valorem taxes imposed on property owned by the Wildlife Conservation Commission (OWCC) are unconstitu...
The Oklahoma Attorney General's office has opined that annual payments in lieu of ad valorem taxes imposed on property owned by the Wildlife Conservation Commission (OWCC) are unconstitu...
OR - IRC conformity bill advances
The Oregon House passed a bill that would update the state's income tax Internal Revenue Code conformity date to December 31, 2024. The bill now goes to the Oregon Senate. H.B. 2092, as passed by the...
The Oregon House passed a bill that would update the state's income tax Internal Revenue Code conformity date to December 31, 2024. The bill now goes to the Oregon Senate. H.B. 2092, as passed by the...
PA - Administration launches online petition center for taxpayers to file appeals
Pennsylvania launched a new online platform to provide an improved tax appeals process for taxpayers. The new Board of Appeals Online Petition Center offers an improved user interface, a feature to ...
Pennsylvania launched a new online platform to provide an improved tax appeals process for taxpayers. The new Board of Appeals Online Petition Center offers an improved user interface, a feature to ...
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 - Lexington County school district tax extended
South Carolina has extended for an additional seven years the 1% special sales and use tax imposed by the Lexington County School District Property Tax Relief Act.H.B. 4187, Laws 2025, effe...
South Carolina has extended for an additional seven years the 1% special sales and use tax imposed by the Lexington County School District Property Tax Relief Act.H.B. 4187, Laws 2025, effe...
SD - Revised maximum property tax levies for school districts enacted
For South Dakota property taxes payable in 2026, and for each year thereafter, the maximum levy for school district general education funds the limit per $1,000 of taxable valuation is:a total of $5.2...
For South Dakota property taxes payable in 2026, and for each year thereafter, the maximum levy for school district general education funds the limit per $1,000 of taxable valuation is:a total of $5.2...
TN - Increased rate cap authorized for County mineral severance tax
Tennessee has authorized counties to increase the 15 cents-per-ton maximum mineral severance tax rate that may be levied on sand, gravel, sandstone, chert, and limestone severed from the ground...
Tennessee has authorized counties to increase the 15 cents-per-ton maximum mineral severance tax rate that may be levied on sand, gravel, sandstone, chert, and limestone severed from the ground...
TX - March 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 March 2025 is $44.03 per barrel for the three-month period beginning on...
The Texas Comptroller of Public Accounts has determined the average taxable price of crude oil for the reporting period March 2025 is $44.03 per barrel for the three-month period beginning on...
UT - Withholding tax guide revised
The Utah State Tax Commission has updated its withholding tax guide, effective June 1, 2025. The income tax withholding tables are effective for pay periods beginning on or after June 1, 2025.The publ...
The Utah State Tax Commission has updated its withholding tax guide, effective June 1, 2025. The income tax withholding tables are effective for pay periods beginning on or after June 1, 2025.The publ...
VT - New local option taxes announced
Vermont announced that the following seven towns will have new local option taxes, effective July 1, 2025.Hartford is adding Local Option Sales Tax (the town already has Local Option Meals and Rooms T...
Vermont announced that the following seven towns will have new local option taxes, effective July 1, 2025.Hartford is adding Local Option Sales Tax (the town already has Local Option Meals and Rooms T...
VA - Assessment abated because taxpayer established change of domicile
The Virginia Department of Taxation abated an assessment of personal income tax because the taxpayer established that he successfully changed his domicile. The taxpayer was living and workin...
The Virginia Department of Taxation abated an assessment of personal income tax because the taxpayer established that he successfully changed his domicile. The taxpayer was living and workin...
WA - Local rate changes announced
The Washington Department of Revenue has announced local sales and use tax rate changes effective July 1, 2025.Local Rate ChangesThe City of Stevenson transportation benefit district increases...
The Washington Department of Revenue has announced local sales and use tax rate changes effective July 1, 2025.Local Rate ChangesThe City of Stevenson transportation benefit district increases...
WV - Accelerated payment requirements eliminated
West Virginia enacted legislation eliminating accelerated tax payment requirements for:taxpayers whose average monthly payment of personal income tax withholding tax for the previous calendar y...
West Virginia enacted legislation eliminating accelerated tax payment requirements for:taxpayers whose average monthly payment of personal income tax withholding tax for the previous calendar y...
WI - Untimely submission of petition for review dismissed by commission
The Wisconsin Tax Appeals Commission dismissed a petition for review due to its untimely submission. The Department of Revenue had issued two Notices of Office Audit Amount Due to the petitioners. In ...
The Wisconsin Tax Appeals Commission dismissed a petition for review due to its untimely submission. The Department of Revenue had issued two Notices of Office Audit Amount Due to the petitioners. In ...
WY - Order of application of property tax exemptions provided
Wyoming has enacted legislation specifying the order in which a taxpayer should apply property tax exemptions when multiple property tax exemptions apply to the same property. The legislation states t...
Wyoming has enacted legislation specifying the order in which a taxpayer should apply property tax exemptions when multiple property tax exemptions apply to the same property. The legislation states t...
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