A state's franchise taxes can result in increased compliance costs in addition to the burden of the taxes themselves.
State & Local Tax
This item looks at how soda taxes have changed over the years and puts the newest batch of taxes in perspective.
This column shares a few thoughts on sales sourcing methodology for readers who are not state tax geeks.
This item discusses the interplay between Public Law 86-272 (15 U.S.C. §§381–384) and the federal treatment of computer software, as well as two states’ approaches to the corporate income tax treatment of canned software.
This article discusses how excise tax changes may affect your business and what you can do to ensure tax compliance and avoid potential penalties.
Most states that have a personal income tax have a function whereby the taxpayer can file as a full-year resident, a partial-year resident, or a nonresident.
This item offers an overview of certain provisions in the regulations that could have state corporate income tax consequences.
Noncorporate taxpayers have the ability to determine how unused future bonus depreciation deductions are used when transferring assets in a nonrecognition or “basis carryover” event.
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.
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.