Tax Alerts
Tax Briefing(s)
2025 Year-End Tax PlanningOne Big Beautiful Bill Act (Signed Into Law July 4, 2025)2025 Post-Filing Season Update
Applicable Dollar Amount for Health Insurance Plan Fees Announced (Notice 2025-61)
The IRS has announced that the applicable dollar amount used to calculate the fees imposed by Code Secs. 4375 and 4376 for policy and plan years that end on or after October 1, 2025, and before Oc...
The IRS has announced that the applicable dollar amount used to calculate the fees imposed by Code Secs. 4375 and 4376 for policy and plan years that end on or after October 1, 2025, and before Oc...
Partnership Claimed Deduction for Wrong Year, Penalties Imposed (Corning Place Ohio LLC., CA-6)
A partnership (taxpayer) was denied a deduction for an easement donation related to a property (P1). The taxpayer claimed the deduction for the wrong year. Additionally, the taxpayer (1) substantially...
A partnership (taxpayer) was denied a deduction for an easement donation related to a property (P1). The taxpayer claimed the deduction for the wrong year. Additionally, the taxpayer (1) substantially...
IRS Grants Relief to Taxpayers Affected by Terrorist Action in Israel; Deadlines Postponed (Notice 2025-53; IR-2025-97)
The IRS has provided relief under Code Sec. 7508A for persons determined to be affected by the terroristic action in the State of Israel throughout 2024 and 2025. Affected taxpayers have until Septe...
The IRS has provided relief under Code Sec. 7508A for persons determined to be affected by the terroristic action in the State of Israel throughout 2024 and 2025. Affected taxpayers have until Septe...
Office of Appeals Begins Pilot Program on Mediation (IR-2025-100)
The IRS Independent Office of Appeals has launched a two-year pilot program to make Post Appeals Mediation (PAM) more attractive to taxpayers. Under the new PAM pilot, cases will be reassigned to an A...
The IRS Independent Office of Appeals has launched a two-year pilot program to make Post Appeals Mediation (PAM) more attractive to taxpayers. Under the new PAM pilot, cases will be reassigned to an A...
IRS Reminds Taxpayers to Safeguard Financial Records in Emergency Plans
The IRS has reminded taxpayers that emergency readiness has gone beyond food, water and shelter. It also includes safeguarding financial and tax documents. Families and businesses should review their ...
The IRS has reminded taxpayers that emergency readiness has gone beyond food, water and shelter. It also includes safeguarding financial and tax documents. Families and businesses should review their ...
AL - Interest rate unchanged for first quarter of 2026
The interest rate on underpayments and overpayments of Alabama taxes will remain at 7% for the first quarter of 2026. Quarterly Interest Rates, Alabama Department of Revenue, November 2025...
The interest rate on underpayments and overpayments of Alabama taxes will remain at 7% for the first quarter of 2026. Quarterly Interest Rates, Alabama Department of Revenue, November 2025...
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 - Local rate change announced
The Arizona Department of Revenue has announced a new local transaction privilege tax (TPT) rate change. In addition to previously announced local rate changes, the Department announced the following ...
The Arizona Department of Revenue has announced a new local transaction privilege tax (TPT) rate change. In addition to previously announced local rate changes, the Department announced the following ...
AR - Agricultural federal relief payments are exempt
Arkansas Governor, Sarah Huckabee Sanders, announced that payments received by farmers from the Emergency Commodity Assistance Program (ECAP) are exempt from state income tax for tax years beginning J...
Arkansas Governor, Sarah Huckabee Sanders, announced that payments received by farmers from the Emergency Commodity Assistance Program (ECAP) are exempt from state income tax for tax years beginning J...
CA - Updated guidance issued for motor vehicle dealers
Updated sales and use tax guidance is issued for motor vehicle dealers regarding the sale, lease, or use of a vehicle. Topics discussed include motor vehicle sales, vehicle leases and rentals, vehicle...
Updated sales and use tax guidance is issued for motor vehicle dealers regarding the sale, lease, or use of a vehicle. Topics discussed include motor vehicle sales, vehicle leases and rentals, vehicle...
CO - Innovative motor vehicle credit amounts announced for 2026
Colorado updated its guidance on the refundable income tax credit for the purchase or lease of new electric, plug-in hybrid electric, and hydrogen fuel cell motor vehicles that are titled and register...
Colorado updated its guidance on the refundable income tax credit for the purchase or lease of new electric, plug-in hybrid electric, and hydrogen fuel cell motor vehicles that are titled and register...
CT - The generation of electricity was not manufacturing for purposes of exemption
The generation of electricity is not manufacturing within the meaning of the statutory property tax exemption for machinery and equipment used in manufacturing. The term "machinery and equipment" is...
The generation of electricity is not manufacturing within the meaning of the statutory property tax exemption for machinery and equipment used in manufacturing. The term "machinery and equipment" is...
DE - Split rate taxation based on property classification upheld
The Supreme Court of Delaware upheld the constitutionality of a law that allows New Castle County school districts to implement temporary split-rate property tax assessments based on residential and n...
The Supreme Court of Delaware upheld the constitutionality of a law that allows New Castle County school districts to implement temporary split-rate property tax assessments based on residential and n...
DC - Tiered rates established for vacant and blighted properties, credit enacted
The District of Columbia has enacted changes impacting property taxes. Among the changes are:establishes the authority to allow payment plans for delinquent property taxes;amends the factors for estab...
The District of Columbia has enacted changes impacting property taxes. Among the changes are:establishes the authority to allow payment plans for delinquent property taxes;amends the factors for estab...
FL - 2026 motor fuels tax rates announced
The 2026 Florida motor fuel and diesel fuel tax rates are announced. The aviation fuel tax is repealed effective January 1, 2026. The adjusted fuel tax rates are effective January 1, 2026, and they ap...
The 2026 Florida motor fuel and diesel fuel tax rates are announced. The aviation fuel tax is repealed effective January 1, 2026. The adjusted fuel tax rates are effective January 1, 2026, and they ap...
GA - Qualified timberland program guidance released
For Georgia property tax purposes, the Department of Revenue issued the 2026 Qualified Timberland Property Appraisal Manual. Qualified Timberland Property Appraisal Manual 2026, Georgia Department of...
For Georgia property tax purposes, the Department of Revenue issued the 2026 Qualified Timberland Property Appraisal Manual. Qualified Timberland Property Appraisal Manual 2026, Georgia Department of...
HI - Aircraft part sales proceeds were not exempt amounts from servicing and maintenance
An aircraft manufacturer's sales of parts to an airline, which the airline used to service and maintain its aircraft, were taxable sales subject to Hawaii general excise tax and did not qualify for th...
An aircraft manufacturer's sales of parts to an airline, which the airline used to service and maintain its aircraft, were taxable sales subject to Hawaii general excise tax and did not qualify for th...
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 - University granted charter exemption not subject to tax
A nonprofit university granted a charter-based property tax exemption under the Illinois Constitution was not subject to property tax after it no longer conducted educational activities. The county as...
A nonprofit university granted a charter-based property tax exemption under the Illinois Constitution was not subject to property tax after it no longer conducted educational activities. The county as...
IN - Updated guidance issued regarding leases of motor vehicles and trailers
Updated guidance is issued regarding the leases of motor vehicles and trailers. The guidance has been updated to provide additional guidance on the exclusion of negative equity from tax, credit for ta...
Updated guidance is issued regarding the leases of motor vehicles and trailers. The guidance has been updated to provide additional guidance on the exclusion of negative equity from tax, credit for ta...
IA - 2026 withholding tax tables issued
The Iowa Department of Revenue is issuing updated income tax withholding formulas and tables for 2026. The Department updates withholding formulas and tables when necessary to account for inflation an...
The Iowa Department of Revenue is issuing updated income tax withholding formulas and tables for 2026. The Department updates withholding formulas and tables when necessary to account for inflation an...
KS - Reminder issued on end of food tax credit
Kansas issued guidance reminding personal income taxpayers about the sunset of the food sales tax credit. The credit, previously available to resident taxpayers who purchased food in Kansas and met o...
Kansas issued guidance reminding personal income taxpayers about the sunset of the food sales tax credit. The credit, previously available to resident taxpayers who purchased food in Kansas and met o...
KY - Pro rata distribution of sale proceeds to lien holders required
The Kentucky Supreme Court upheld a property tax decision requiring the distribution of proceeds from a foreclosure sale to lien holders on a pro-rata basis, rather than under the common law rule of ...
The Kentucky Supreme Court upheld a property tax decision requiring the distribution of proceeds from a foreclosure sale to lien holders on a pro-rata basis, rather than under the common law rule of ...
LA - Guidance issued on changes to child care credit
The Louisiana Department of Revenue has issued a summary of changes to the Workforce Child Care Tax Credit, effective January 1, 2026. The credit is currently known as the School Readiness Tax Credit....
The Louisiana Department of Revenue has issued a summary of changes to the Workforce Child Care Tax Credit, effective January 1, 2026. The credit is currently known as the School Readiness Tax Credit....
ME - Rate schedules, withholding tables issued for 2026
Maine has updated the individual income tax rate schedules and withholding tables for 2026. The 2026 statutory tax rates are 5.8%, 6.75%, and 7.15%. The top rate is imposed on single or married taxpay...
Maine has updated the individual income tax rate schedules and withholding tables for 2026. The 2026 statutory tax rates are 5.8%, 6.75%, and 7.15%. The top rate is imposed on single or married taxpay...
MD - State will defer payment plans for federal employees unable to meet obligations
The Maryland Comptroller announced that the state will defer payment plans for federal employees who are unable to meet their tax obligations due to the federal government shutdown.Federal employees d...
The Maryland Comptroller announced that the state will defer payment plans for federal employees who are unable to meet their tax obligations due to the federal government shutdown.Federal employees d...
MA - New rule for apprentice tax credit issued
A newly issued regulation outlines personal income and corporate income tax rules for the Massachusetts Apprentice Tax Credit. The rule clarifies relevant definitions, limitations and special rules ap...
A newly issued regulation outlines personal income and corporate income tax rules for the Massachusetts Apprentice Tax Credit. The rule clarifies relevant definitions, limitations and special rules ap...
MI - Guidance on tax penalties updated
The Michigan Department of Treasury has updated its guidance on civil tax penalties to address penalties faced by accelerated filers. Taxpayers that had $720,000 or more of sales or use tax liability,...
The Michigan Department of Treasury has updated its guidance on civil tax penalties to address penalties faced by accelerated filers. Taxpayers that had $720,000 or more of sales or use tax liability,...
MN - Guidance for chiropractors updated
Minnesota updated its guidance on sales and use tax issues for chiropractors. Generally, most chiropractic services are not taxable. However, sales of some services and products are taxable. Purchases...
Minnesota updated its guidance on sales and use tax issues for chiropractors. Generally, most chiropractic services are not taxable. However, sales of some services and products are taxable. Purchases...
MS - Broadband technology credit limits and allocation process established
Mississippi issued guidance on income and franchise tax credits for broadband technology deployment by telecommunications enterprises. House Bill 1644 enacted in 2025 limits total allowable credits to...
Mississippi issued guidance on income and franchise tax credits for broadband technology deployment by telecommunications enterprises. House Bill 1644 enacted in 2025 limits total allowable credits to...
MO - Interest rate on refunds unchanged for first quarter of 2026
The interest rates on all qualifying Missouri tax refunds remain at 3.2% for the period from January 1 through March 31, 2026. Statutory Interest Rates, Missouri Department of Revenue, November 2025...
The interest rates on all qualifying Missouri tax refunds remain at 3.2% for the period from January 1 through March 31, 2026. Statutory Interest Rates, Missouri Department of Revenue, November 2025...
MT - Revision of reported wages affirmed
The Montana Tax Appeal Board affirmed the Department of Revenue's adjustment to the taxpayer’s 2023 personal income tax liability, concluding the agency acted within its legal authority to revise th...
The Montana Tax Appeal Board affirmed the Department of Revenue's adjustment to the taxpayer’s 2023 personal income tax liability, concluding the agency acted within its legal authority to revise th...
NE - Local sales tax rate chart issued
The Nebraska Department of Revenue has released a table displaying the local sales and use tax rates applicable to the period beginning October 1, 2025. Local Sales and Use Tax Rates, Nebraska Depart...
The Nebraska Department of Revenue has released a table displaying the local sales and use tax rates applicable to the period beginning October 1, 2025. Local Sales and Use Tax Rates, Nebraska Depart...
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 - Parsonage tax exemptions expanded
New Hampshire has expanded property tax exemptions for religious use to include church parsonages that are rented or vacant. Previously, exemptions applied only to parsonages occupied by pastors. Ch. ...
New Hampshire has expanded property tax exemptions for religious use to include church parsonages that are rented or vacant. Previously, exemptions applied only to parsonages occupied by pastors. Ch. ...
NJ - Casino licensee CBT guidance issued
New Jersey has summarized casino licensee obligations under the Corporation Business Tax (CBT), compiled existing guidance, and provided references to relevant publications and rules. The guidance cov...
New Jersey has summarized casino licensee obligations under the Corporation Business Tax (CBT), compiled existing guidance, and provided references to relevant publications and rules. The guidance cov...
NM - Trailer-mounted generators
A New Mexico administrative hearing officer ruled that a taxpayer was entitled to a refund of Motor Vehicle Excise Tax paid on the purchase of trailer-mounted generators, as only the trailers, and not...
A New Mexico administrative hearing officer ruled that a taxpayer was entitled to a refund of Motor Vehicle Excise Tax paid on the purchase of trailer-mounted generators, as only the trailers, and not...
NY - 2026 withholding tables released
Updated New York State, New York City, and Yonkers publications containing withholding tables and methods have been released for 2026.The revised state schedules reflect certain rate reductions enacte...
Updated New York State, New York City, and Yonkers publications containing withholding tables and methods have been released for 2026.The revised state schedules reflect certain rate reductions enacte...
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 - Local rate changes announced
North Dakota has announced the following local sales and use tax changes effective January 1, 2026: (1) the city of Medina will impose a 1% local lodging and restaurant tax; (2) the city of Sherwood w...
North Dakota has announced the following local sales and use tax changes effective January 1, 2026: (1) the city of Medina will impose a 1% local lodging and restaurant tax; (2) the city of Sherwood w...
OH - Interest rates for taxes updated
Ohio has certified new interest rates for taxes for calendar year 2026. For 2026 the interest rates will decrease to:4%, from 5%, for estate tax and persoanl property tax; and7%, from 8%, for all othe...
Ohio has certified new interest rates for taxes for calendar year 2026. For 2026 the interest rates will decrease to:4%, from 5%, for estate tax and persoanl property tax; and7%, from 8%, for all othe...
OK - Employer’s Withholding Guide Updated
The Oklahoma Tax Commission has released its withholding guide for employers withholding personal income tax from their employees’ wages in 2026. The guide contains general information regarding reg...
The Oklahoma Tax Commission has released its withholding guide for employers withholding personal income tax from their employees’ wages in 2026. The guide contains general information regarding reg...
OR - Oral nicotine products tax begins January 2026
The Oregon Department of Revenue (DOR) is encouraging businesses that distribute and sell oral nicotine products to plan ahead for a new tax that applies to all oral nicotine products sold and distrib...
The Oregon Department of Revenue (DOR) is encouraging businesses that distribute and sell oral nicotine products to plan ahead for a new tax that applies to all oral nicotine products sold and distrib...
PA - Philadelphia reminds taxpayers of changes
Philadelphia reminds taxpayers about upcoming changes to its:business income and receipts tax (BIRT);property tax;use & occupancy tax; andwage, school income, and earnings tax.Exemption Eliminatio...
Philadelphia reminds taxpayers about upcoming changes to its:business income and receipts tax (BIRT);property tax;use & occupancy tax; andwage, school income, and earnings tax.Exemption Eliminatio...
RI - Inflation adjusted amounts for 2026 issued
The Rhode Island Department of Taxation has issued inflation adjusted amounts for for tax years beginning on or after January 1, 2026 for:standard deduction amounts;tax bracket ranges;Social Security ...
The Rhode Island Department of Taxation has issued inflation adjusted amounts for for tax years beginning on or after January 1, 2026 for:standard deduction amounts;tax bracket ranges;Social Security ...
SC - Interest rates unchanged for first quarter of 2026
From January 1, 2026, through March 31, 2026, the South Carolina interest rate on tax underpayments is 7%. The refund rate for overpayments is 4%. Information Letter 25-22, South Carolina Department ...
From January 1, 2026, through March 31, 2026, the South Carolina interest rate on tax underpayments is 7%. The refund rate for overpayments is 4%. Information Letter 25-22, South Carolina Department ...
SD - City of Clark implements new municipal gross receipts tax
South Dakota announced that the City of Clark will implement a new 1% municipal gross receipts tax effective January 1, 2026. News Release, South Dakota Department of Revenue, November 5, 2025...
South Dakota announced that the City of Clark will implement a new 1% municipal gross receipts tax effective January 1, 2026. News Release, South Dakota Department of Revenue, November 5, 2025...
TN - Unicoi County rate increased
Effective January 1, 2026, the Unicoi County, Tennessee, mineral severance tax rate will increase to 20 cents per ton. This rate will apply to sand, chert, sandstone, limestone, and gravel severed fro...
Effective January 1, 2026, the Unicoi County, Tennessee, mineral severance tax rate will increase to 20 cents per ton. This rate will apply to sand, chert, sandstone, limestone, and gravel severed fro...
TX - Refund Claim Denied Due To Improper Extension Payment
The Texas Comptroller held that a taxpayer's Texas franchise tax refund claim was barred by the statute of limitations. The taxpayer filed the necessary extension request by the appropriate deadline, ...
The Texas Comptroller held that a taxpayer's Texas franchise tax refund claim was barred by the statute of limitations. The taxpayer filed the necessary extension request by the appropriate deadline, ...
UT - Insurance premium tax rate on workers compensation premiums decreases
Effective January 1, 2026, the Utah workers’ compensation insurance premium tax rate decreases to 1.15%. The tax rate applies to all taxable workers' compensation premiums for the 2026 calendar year...
Effective January 1, 2026, the Utah workers’ compensation insurance premium tax rate decreases to 1.15%. The tax rate applies to all taxable workers' compensation premiums for the 2026 calendar year...
VT - 2026 interest rate announced
The Vermont annual interest rate for the overpayment and underpayment of tax liabilities for the 2026 calendar year is 7.75%. This rate is effective January 1, 2026, and applies to interest that accru...
The Vermont annual interest rate for the overpayment and underpayment of tax liabilities for the 2026 calendar year is 7.75%. This rate is effective January 1, 2026, and applies to interest that accru...
VA - City of Richmond enacts disposable plastic bag tax
Effective January 1, 2026, the city of Richmond adopts the Virginia disposable plastic bag tax. The tax is imposed at the rate of 5 cents on each disposable plastic bag provided to shoppers in local g...
Effective January 1, 2026, the city of Richmond adopts the Virginia disposable plastic bag tax. The tax is imposed at the rate of 5 cents on each disposable plastic bag provided to shoppers in local g...
WA - Wages paid by property Management Company were subject to tax
A property management company could not obtain a refund of Washington business and occupation (B&O) tax for wages paid to its onsite employees because evidence supported the taxpayer's status as t...
A property management company could not obtain a refund of Washington business and occupation (B&O) tax for wages paid to its onsite employees because evidence supported the taxpayer's status as t...
WV - Employer withholding guidance updated
West Virginia updated guidance for employers on income tax withholding from employee wages. The guidance provides information on:compensation that is subject to withholding;monthly withholding payment...
West Virginia updated guidance for employers on income tax withholding from employee wages. The guidance provides information on:compensation that is subject to withholding;monthly withholding payment...
WI - 2025 withholding tax update released
Wisconsin issued a withholding tax update noting that there are currently no plans to change the withholding tax rates. The update also addresses numerous withholding topics, including: requirements f...
Wisconsin issued a withholding tax update noting that there are currently no plans to change the withholding tax rates. The update also addresses numerous withholding topics, including: requirements f...
WY - Local tax rate changes announced
Wyoming has issued a revised overview of changes in local tax rates effective July 1, 2025, for sales, use, and lodging taxes across various localities. The only change from the chart issued April 1, ...
Wyoming has issued a revised overview of changes in local tax rates effective July 1, 2025, for sales, use, and lodging taxes across various localities. The only change from the chart issued April 1, ...
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