The AICPA Task Force is developing a position paper with possible approaches that state CPA societies may want to consider in working with state legislatures and tax authorities in developing compliance policies.
State & Local Tax
Nevada, once viewed as a “tax-friendly” state, implemented a $1.5 billion tax plan to fund its education system.
Tax return preparers are discovering that some state income tax returns for 2016 require information from a taxpayer’s driver’s license or state-issued identification card information before the returns can be e-filed.
Decision Striking Down Delaware’s Estimation Method for Auditing Unclaimed Property to Stand as Parties Settle
Delaware and the unclaimed property holder filed a joint motion to dismiss the case with prejudice, after reaching a settlement agreement.
Many states continue to turn to their abandoned and unclaimed property (AUP) laws to drum up additional funds.
This column discusses key aspects of a policy and procedures review from the perspective of an outside adviser.
Foreign entities not engaged in a U.S. trade or business, not deemed to have a permanent establishment, or that have claimed a federal treaty exemption may still be subject to state and local income taxes.
This column discusses pending initiatives that could seriously affect state tax business climates.
This article offers advice on how to choose between ACH credit electronic payment and ACH debit electronic payment.
Many states have narrowed the definition of "delivery" under Interstate Income Tax Act, P.L. 86-272 either through regulations or rulings.
While it is termed a “small business” deduction, larger business owners may avail themselves of it as well.
Depending on how a state's audit sample is designed and weighted, large sales and use tax audit assessments may be in error due to the sampling methodology itself.
The Supreme Court affirmed the Nevada Supreme Court’s holding that Nevada courts had jurisdiction over a California state agency.
Some payroll errors occur routinely and are a bigger concern.
This item discusses recent legislative and judicial developments from Tennessee, Vermont, and Michigan.
This item briefly explains the issue of carrying over NOLs after a merger or reorganization as applied in certain states still following the Internal Revenue Code of 1939.
This column includes examples and scenarios from different states that illustrate various sales tax treatment approaches.
This article examines the major provisions in the two bills and highlights their differences.
The Tenth Circuit held that Colorado’s sales and use tax notice and reporting law, designed to force noncollecting out-of-state retailers to report sales to Colorado customers and the state, does not violate the dormant Commerce Clause.
Congress passed the Trade Facilitation and Trade Enforcement Act of 2015, making permanent the moratorium on states and localities taxing Internet access.