Reporting & Filing Requirements

Topics

October 12, 2020

Several states provide one-month filing relief for corporate deadlines

With the Oct. 15 corporate tax filing deadline looming and the global pandemic still affecting taxpayers and practitioners, several states have provided one-month filing relief for their corporate Oct. 15 deadlines.

May 21, 2020

Quirks spurred by COVID-19 tax relief

This article discusses some procedural and administrative quirks that have emerged with the new tax legislative, regulatory, and procedural guidance related to COVID-19.

March 1, 2020

Why states should adopt the MTC model for federal partnership audits

To promote nationwide consistency, the AICPA encourages states’ adoption of the MTC model statute that conforms to the new federal partnership audit regime.

March 1, 2019

Tax reform in the Garden State

This item summarizes some of the important changes impacting the New Jersey corporation business tax and when these changes took effect or will become effective.

December 1, 2018

A uniform state approach to the new federal partnership audit regime

Broad state adoption of the model statute developed by the AICPA in partnership with other
major stakeholders will provide greater uniformity
and increased compliance.

October 1, 2018

Different SALT flavors of mandatory deemed repatriation under Sec. 965

This item discusses new trends in states’ conformity with or decoupling from Sec. 965.

June 1, 2018

The Tax Cuts and Jobs Act: State tax considerations, impacts, and responses

State are weighing the many consequences of federal tax reform.

March 1, 2018

A new state tax appeals era begins in California, but questions remain

California recently revamped its state tax agency system and the associated tax appeals process.

May 1, 2017

Potential state tax consequences of the final and temporary Sec. 385 regs.

This item offers an overview of certain provisions in the regulations that could have state corporate income
tax consequences.

April 20, 2016

Full Faith and Credit Clause Prohibits Nevada Court’s Damage Award Against California

The state of Nevada cannot apply Nevada law to award damages against the California Franchise Tax Board that are greater than it could award against a Nevada state agency in similar circumstances, the U.S. Supreme Court held.

November 1, 2012

S.C. Taxpayers’ Social Security Numbers, Credit Cards Hacked

The South Carolina Department of Revenue is providing affected taxpayers a year of credit monitoring after a hacker stole information including 3.6 million Social Security numbers and 387,000 credit and debit card numbers from its computer systems.

July 1, 2012

Combined Reporting Creates Compliance Challenges

An increasing number of states have enacted or proposed combined reporting requirements for related entities involved in a unitary business, creating increased compliance burdens for taxpayers and administrative challenges for state tax agencies.

July 1, 2012

Sales Tax Audit Best Practices

This article discusses common issues in state sales tax audits and gives tips and best practices for each part of an audit life cycle.

June 1, 2012

Multistate Partnerships: To Withhold, or Not to Withhold?

The varying rules for withholding can create a compliance nightmare for multistate partnerships with a large number of partners.

February 1, 2010

The Recent Growth of Mandatory Unitary Combined Reporting

The use of mandatory unitary combined reporting has become increasingly popular among states in recent years, driven by state budgetary shortfalls and the perceived distortion of taxable income by multistate corporations filing separate company reports.