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2024 Tax Policies of the Major Presidential Candidates2024 Post-Filing Season Update(Proposed) Tax Relief for American Families and Workers Act of 2024 (Passed by House, January 31, 20Inflation Reduction Act of 2022
IRS Urges Taxpayers to Enroll for IP PIN Ahead of 2025 Filing Season, IR-2024-278
The IRS has encouraged taxpayers to register for an Identity Protection Personal Identification Number (IP PIN) to strengthen their defenses against tax-related identity theft. With the 2025 tax sea...
The IRS has encouraged taxpayers to register for an Identity Protection Personal Identification Number (IP PIN) to strengthen their defenses against tax-related identity theft. With the 2025 tax sea...
IRS Accelerates Work on Employee Retention Credit Claims, IR-2024-263
The IRS has made significant progress on Employee Retention Credit (ERC) claims, with processing underway on about 400,000 claims, worth approximately $10 billion. The IRS is separating eligible claim...
The IRS has made significant progress on Employee Retention Credit (ERC) claims, with processing underway on about 400,000 claims, worth approximately $10 billion. The IRS is separating eligible claim...
IRS Warns Taxpayers About Scams by Offer in Compromise Mills, IR-2024-243
The IRS has issued a warning to taxpayers to be cautious of unscrupulous promoters claiming to offer help in resolving unpaid taxes through the IRS Offer in Compromise (OIC) program. These fraudulent ...
The IRS has issued a warning to taxpayers to be cautious of unscrupulous promoters claiming to offer help in resolving unpaid taxes through the IRS Offer in Compromise (OIC) program. These fraudulent ...
IRS Appeals Secure Messaging Program Office Launches Corporate Group Mailbox Pilot, IR-2024-247
The IRS Independent Office of Appeals (Appeals) today launched a pilot program as part of the IRS’ ongoing transformation efforts to expand online tools and improve user experiences. From September ...
The IRS Independent Office of Appeals (Appeals) today launched a pilot program as part of the IRS’ ongoing transformation efforts to expand online tools and improve user experiences. From September ...
IRS Warns of Charity Scams Following Hurricanes Milton and Helene, IR-2024-269
The IRS has offered some tips to taxpayers about scammers using fake charities to exploit unsuspecting donors in the aftermath of Hurricanes Milton and Helene. Donors can use the Tax-Exempt Organizat...
The IRS has offered some tips to taxpayers about scammers using fake charities to exploit unsuspecting donors in the aftermath of Hurricanes Milton and Helene. Donors can use the Tax-Exempt Organizat...
IRS Provides Safe Harbor for Amounts Paid for Condoms, Notice 2024-71
The IRS has provided a safe harbor under Code Sec. 213(d) for amounts paid for condoms. Because amounts paid for condoms are treated as expenses for medical care, these amounts are deductible if the...
The IRS has provided a safe harbor under Code Sec. 213(d) for amounts paid for condoms. Because amounts paid for condoms are treated as expenses for medical care, these amounts are deductible if the...
AL - Hurricane helene tax filing and penalty relief
The Alabama Department of Revenue announced that tax filing and penalty relief may be available to taxpayers affected by Hurricane Helene. Relief is not automatic, but granted on a case-by-case basis....
The Alabama Department of Revenue announced that tax filing and penalty relief may be available to taxpayers affected by Hurricane Helene. Relief is not automatic, but granted on a case-by-case basis....
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 - Rules for international operations center and renewable energy investment program adopted
A rule for Arizona's International Operations Center and Renewable Energy Investment and Production for Self-Consumption Program have been adopted. The program provides utility tax relief for business...
A rule for Arizona's International Operations Center and Renewable Energy Investment and Production for Self-Consumption Program have been adopted. The program provides utility tax relief for business...
AR - Local tax rate change announced
The Barling, Arkansas, 2% local sales tax rate is rescinded effective January 1, 2025: Local Sales & Use Tax Rate Changes, Arkansas Department of Finance and Administration, October 9, 2024...
The Barling, Arkansas, 2% local sales tax rate is rescinded effective January 1, 2025: Local Sales & Use Tax Rate Changes, Arkansas Department of Finance and Administration, October 9, 2024...
CA - Lithium extraction excise tax rates for 2025 announced
The California lithium extraction excise tax rates for calendar years 2025 are:20,000 or less lifetime cumulative metric tons of lithium carbonate equivalent extracted by a producer are taxed at a rat...
The California lithium extraction excise tax rates for calendar years 2025 are:20,000 or less lifetime cumulative metric tons of lithium carbonate equivalent extracted by a producer are taxed at a rat...
CO - Department of revenue announces surplus sales tax refunds amounts for eligible residents
The Colorado Department of Revenue has announced the amount that eligible Coloradans can expect to receive in TABOR surplus sales tax refunds in 2025. The refund will range from $177 to $565 for singl...
The Colorado Department of Revenue has announced the amount that eligible Coloradans can expect to receive in TABOR surplus sales tax refunds in 2025. The refund will range from $177 to $565 for singl...
CT - Updated tax relief provided for taxpayers impacted by rainfall and flooding of August 18, 2024
Updated guidance is provided, in light of guidance issued by the Internal Revenue Service (IRS), on relief available to taxpayers who are unable to timely file certain returns or make certain payments...
Updated guidance is provided, in light of guidance issued by the Internal Revenue Service (IRS), on relief available to taxpayers who are unable to timely file certain returns or make certain payments...
DE - Short-term rental tax and license fee enacted
Delaware enacted legislation that imposes:a $25 license fee; anda 4.5% lodging tax on businesses or individuals who facilitate or arrange short-term rentals through a website or other method.The tax...
Delaware enacted legislation that imposes:a $25 license fee; anda 4.5% lodging tax on businesses or individuals who facilitate or arrange short-term rentals through a website or other method.The tax...
DC - Tax relief for victims of hurricane helene announced
The District of Columbia has extended the tax filing and payment deadlines for affected individuals and businesses affected by Hurricane Helene until May 1, 2025.Any individual and households who resi...
The District of Columbia has extended the tax filing and payment deadlines for affected individuals and businesses affected by Hurricane Helene until May 1, 2025.Any individual and households who resi...
FL - Updated electronic address and jurisdiction database issued for determination of premiums situs
An updated electronic address and jurisdiction database is issued for the determination of Florida insurance premiums tax to the proper local taxing jurisdictions for purposes of the Firefighters' and...
An updated electronic address and jurisdiction database is issued for the determination of Florida insurance premiums tax to the proper local taxing jurisdictions for purposes of the Firefighters' and...
GA - Guidance on registering multipurpose off-highway vehicles issued
Georgia has issued a policy bulletin providing guidance to the county tag offices regarding the registration of multipurpose off-highway vehicles (MPOHVs) without collecting sales tax if the customer ...
Georgia has issued a policy bulletin providing guidance to the county tag offices regarding the registration of multipurpose off-highway vehicles (MPOHVs) without collecting sales tax if the customer ...
HI - Tax appeal court acted outside its jurisdiction increasing taxpayers' tax liability
The Hawaii Tax Appeal Court acted outside its jurisdiction increasing taxpayers' income tax liability to more than the amount in the Department of Taxation's notice of final assessment. The taxpayers ...
The Hawaii Tax Appeal Court acted outside its jurisdiction increasing taxpayers' income tax liability to more than the amount in the Department of Taxation's notice of final assessment. The taxpayers ...
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 - Rules for aircraft maintenance and fuel exemptions adopted
Illinois adopted sales and use tax rules to implement law changes that:expanded and extended the exemption for materials, parts, equipment, components, and furnishings incorporated into an aircraft;...
Illinois adopted sales and use tax rules to implement law changes that:expanded and extended the exemption for materials, parts, equipment, components, and furnishings incorporated into an aircraft;...
IN - Updated guidance issued on mandate to file a composite return
Updated guidance is issued on the S corporation, trust, and partnership mandate to file a composite return on behalf of nonresident shareholders and partners for Indiana corporate income tax purposes....
Updated guidance is issued on the S corporation, trust, and partnership mandate to file a composite return on behalf of nonresident shareholders and partners for Indiana corporate income tax purposes....
IA - 2025 individual income tax rate announced
The Iowa Department of Revenue announced the 2025 tax year individual income tax rate. Since the enactment of Iowa S.F. 2442 in May, 2024, Iowa law provides for a flat tax rate of 3.8 percent for all ...
The Iowa Department of Revenue announced the 2025 tax year individual income tax rate. Since the enactment of Iowa S.F. 2442 in May, 2024, Iowa law provides for a flat tax rate of 3.8 percent for all ...
KS - Guidance on renewable energy resource exemption issued
Kansas issued guidance to clarify, support, and provide instruction to both counties and taxpayers on the property tax exemption for renewable energy resources and technologies. The guidance includes ...
Kansas issued guidance to clarify, support, and provide instruction to both counties and taxpayers on the property tax exemption for renewable energy resources and technologies. The guidance includes ...
KY - Standard deduction for 2025 tax year announced
Kentucky announced that the personal income tax standard deduction for the 2025 tax year is $3,270. Press Release, Kentucky Department of Revenue, August 20, 2024...
Kentucky announced that the personal income tax standard deduction for the 2025 tax year is $3,270. Press Release, Kentucky Department of Revenue, August 20, 2024...
LA - Guidance regarding credit for tax paid on unlisted vapor and alternative nicotine products issued
The Louisiana Department of Revenue has issued a bulletin providing guidance regarding taxes paid on vapor products and alternative nicotine products which are not listed on the directory. Beginning J...
The Louisiana Department of Revenue has issued a bulletin providing guidance regarding taxes paid on vapor products and alternative nicotine products which are not listed on the directory. Beginning J...
ME - 2025 tax rates and withholding tables issued
Maine has updated the individual income tax rate schedules and withholding tables for 2025. The 2025 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 2025. The 2025 statutory tax rates are 5.8%, 6.75%, and 7.15%. The top rate is imposed on single or married taxpay...
MD - Tax court could not decide foreign income exclusion since refund had been made
Despite confusion as to whether Maryland taxpayers may claim the Foreign Earned Income Exclusion on personal income tax returns, the Maryland Tax Court could not decide the issue in this case because ...
Despite confusion as to whether Maryland taxpayers may claim the Foreign Earned Income Exclusion on personal income tax returns, the Maryland Tax Court could not decide the issue in this case because ...
MA - 2024 thresholds for senior property tax credit announcedn
Massachusetts announced the 2024 thresholds for the personal income tax credit that eligible taxpayers who are 65 or older can claim for property tax or rent paid. The credit is also known as the "ci...
Massachusetts announced the 2024 thresholds for the personal income tax credit that eligible taxpayers who are 65 or older can claim for property tax or rent paid. The credit is also known as the "ci...
MI - Rule on food for human consumption rescinded
The Michigan Department of Treasury has reminded taxpayers that sales and use tax rule 86 (R 205.136), relating to the statutory treatment of food for human consumption has been rescinded, as of Septe...
The Michigan Department of Treasury has reminded taxpayers that sales and use tax rule 86 (R 205.136), relating to the statutory treatment of food for human consumption has been rescinded, as of Septe...
MN - Research credit rate for Minnesotacare tax announced for 2025
The research tax credit for hospitals and health care providers subject to the MinnesotaCare tax will be 0.5% of revenues for patient services used to fund expenditures for qualifying research conduct...
The research tax credit for hospitals and health care providers subject to the MinnesotaCare tax will be 0.5% of revenues for patient services used to fund expenditures for qualifying research conduct...
MS - Disaster relief for taxpayers explained
Massachusetts updated guidance that explains tax relief resulting from a federal disaster declaration for areas in the state, including automatic return filing and payment extensions for:personal inco...
Massachusetts updated guidance that explains tax relief resulting from a federal disaster declaration for areas in the state, including automatic return filing and payment extensions for:personal inco...
MO - Taxability of marketplace facilitator’s sales of food and beverage to Missouri customers discussed
An online ordering company that allows customers to order meals and beverages from restaurants through it’s website or mobile application is not required to collect and remit Missouri sales tax as a...
An online ordering company that allows customers to order meals and beverages from restaurants through it’s website or mobile application is not required to collect and remit Missouri sales tax as a...
MT - Governor encourages property tax rebate applications
Montana Gov. Greg Gianforte encourages Montana homeowners to apply for their property tax rebate. Between August 15 and October 1, 2024, eligible Montana homeowners may claim their property tax rebate...
Montana Gov. Greg Gianforte encourages Montana homeowners to apply for their property tax rebate. Between August 15 and October 1, 2024, eligible Montana homeowners may claim their property tax rebate...
NE - Reminder issued on real property, agricultural land tax credits, and school district property tax relief credits
The Nebraska Department of Revenue reminds property owners that the Property Tax Credit Act provides a tax credit based on the credit allocation valuation of each parcel of real property compared to t...
The Nebraska Department of Revenue reminds property owners that the Property Tax Credit Act provides a tax credit based on the credit allocation valuation of each parcel of real property compared to t...
NV - Regulation revises provisions on tobacco products tax payment
The Nevada regulation pertaining to the taxation of tobacco products, other than cigarettes, has been updated. Changes include revisions to provisions governing the payment of tax imposed on these tob...
The Nevada regulation pertaining to the taxation of tobacco products, other than cigarettes, has been updated. Changes include revisions to provisions governing the payment of tax imposed on these tob...
NH - Interest rates increase
Interest rates on underpayments and refunds will increase for 2025.For 2025, rates are:10% for underpayments; and7% for refunds.Technical Information Release TIR #2024-02, New Hampshire Department of ...
Interest rates on underpayments and refunds will increase for 2025.For 2025, rates are:10% for underpayments; and7% for refunds.Technical Information Release TIR #2024-02, New Hampshire Department of ...
NJ - State follows IRS guidelines for presidential disaster relief areas
The New Jersey Division of Taxation has announced that it will follow the latest guidelines provided by the Internal Revenue Service (IRS) for special tax relief for taxpayers in declared Presidential...
The New Jersey Division of Taxation has announced that it will follow the latest guidelines provided by the Internal Revenue Service (IRS) for special tax relief for taxpayers in declared Presidential...
NM - End-stage renal disease facilities allowed health care practitioner services deduction
The Court of Appeals of New Mexico affirmed an administrative decision that held that dialysis services providers were entitled to a refund of New Mexico gross receipts tax because the taxpayers’ re...
The Court of Appeals of New Mexico affirmed an administrative decision that held that dialysis services providers were entitled to a refund of New Mexico gross receipts tax because the taxpayers’ re...
NY - New information provided on withholding tax and wage reporting changes
New York has provided additional information about its previously announced improvements intended to streamline withholding tax and wage reporting forms and Web File applications beginning in March 20...
New York has provided additional information about its previously announced improvements intended to streamline withholding tax and wage reporting forms and Web File applications beginning in March 20...
NC - Taxpayer’s petition barred by state’s sovereign immunity
A taxpayer’s petition challenging a North Carolina sales and use tax assessment was barred by the doctrine of sovereign immunity because the petition was untimely filed. In this matter, the taxpayer...
A taxpayer’s petition challenging a North Carolina sales and use tax assessment was barred by the doctrine of sovereign immunity because the petition was untimely filed. In this matter, the taxpayer...
ND - Local tax changes announced
North Dakota has announced upcoming sales and use tax rate changes that are effective October 1, 2024.Burleigh CountyBurleigh County will increase its sales, use and gross receipts tax to 1% (currentl...
North Dakota has announced upcoming sales and use tax rate changes that are effective October 1, 2024.Burleigh CountyBurleigh County will increase its sales, use and gross receipts tax to 1% (currentl...
OH - 2024 fourth quarter PAT average wholesale prices released
Ohio has released the petroleum activity tax (PAT) statewide average wholesale prices for the fourth quarter of 2024.The average prices per gallon for the third quarter are:$2.365 for unleaded regular...
Ohio has released the petroleum activity tax (PAT) statewide average wholesale prices for the fourth quarter of 2024.The average prices per gallon for the third quarter are:$2.365 for unleaded regular...
OK - Electronic return guide issued
For individual income tax purposes, the Oklahoma Tax Commission has issued an e-file handbook for software developers. The guide lists forms for 2024 that may be filed electronically, including: OTC F...
For individual income tax purposes, the Oklahoma Tax Commission has issued an e-file handbook for software developers. The guide lists forms for 2024 that may be filed electronically, including: OTC F...
OR - Repatriation amount included in sales factor
The Oregon tax court has concluded that deemed dividends arising under Subpart F of IRC Sec. 951 through IRC Sec. 965 must be reincluded in the sales factor for a corporation excise (corporate) taxpay...
The Oregon tax court has concluded that deemed dividends arising under Subpart F of IRC Sec. 951 through IRC Sec. 965 must be reincluded in the sales factor for a corporation excise (corporate) taxpay...
PA - Guidance regarding related party income election issued
Pennsylvania has issued guidance regarding a law enacted this year allowing corporate income taxpayers to make an election excluding specific types of income added back to a related entity’s base fo...
Pennsylvania has issued guidance regarding a law enacted this year allowing corporate income taxpayers to make an election excluding specific types of income added back to a related entity’s base fo...
RI - Tax requirements and farm exemption for farmers discussed
Rhode Island has issued an advisory to remind farmers of their sales tax responsibilities. The advisory notes that farms that make retail sales of taxable items must collect and remit Rhode Island sal...
Rhode Island has issued an advisory to remind farmers of their sales tax responsibilities. The advisory notes that farms that make retail sales of taxable items must collect and remit Rhode Island sal...
SC - Relief announced for taxpayers affected by hurricane Helene
In conjunction with the federal tax relief announced by the IRS for taxpayers affected by Hurricane Helene throughout the state, South Carolina is postponing until May 1, 2025, certain filing and paym...
In conjunction with the federal tax relief announced by the IRS for taxpayers affected by Hurricane Helene throughout the state, South Carolina is postponing until May 1, 2025, certain filing and paym...
SD - Guidance on taxability of motor vehicle leases and rentals updated
The South Dakota Department of Revenue has updated a tax facts sheet discussing the applicability of state and local sales and use tax to motor vehicle leases and rentals. The facts sheet discusses, a...
The South Dakota Department of Revenue has updated a tax facts sheet discussing the applicability of state and local sales and use tax to motor vehicle leases and rentals. The facts sheet discusses, a...
TN - Taxpayer's purchase of streetlights and related equipment on behalf of public utility was exempt
A taxpayer’s purchase and installation of streetlights, photocells, smart nodes, and poles on behalf of public power authorities was not subject to Tennessee sales and use tax.Component Part of Elec...
A taxpayer’s purchase and installation of streetlights, photocells, smart nodes, and poles on behalf of public power authorities was not subject to Tennessee sales and use tax.Component Part of Elec...
TX - Notice of estimated taxes regulations amended
The Texas Comptroller of Public Accounts adopted amendments to the rule regarding notice of estimated taxes required to be delivered by county appraisal districts. The amendments reflect recent legisl...
The Texas Comptroller of Public Accounts adopted amendments to the rule regarding notice of estimated taxes required to be delivered by county appraisal districts. The amendments reflect recent legisl...
UT - Information for military personnel revised
Utah has revised its publication that addresses the personal income tax treatment of military compensation and benefits, residency issues for military personnel, and related filing requirements and de...
Utah has revised its publication that addresses the personal income tax treatment of military compensation and benefits, residency issues for military personnel, and related filing requirements and de...
VT - Local option rates announced for berlin
Vermont announced that the municipality of Berlin will have a 1% local option sales tax, as well as a 1% local option meals and rooms tax and alcoholic beverage tax, effective beginning January 1, 202...
Vermont announced that the municipality of Berlin will have a 1% local option sales tax, as well as a 1% local option meals and rooms tax and alcoholic beverage tax, effective beginning January 1, 202...
VA - Tax relief provided for taxpayers affected by hurricane Helene
Virginia has issued a bulletin providing information regarding the automatic extension to file individual and fiduciary income tax returns and payments for taxpayers affected by Hurricane Helene. The ...
Virginia has issued a bulletin providing information regarding the automatic extension to file individual and fiduciary income tax returns and payments for taxpayers affected by Hurricane Helene. The ...
WA - Interim guidance issued for multifamily housing deferral program
The Washington Department of Revenue has issued interim guidance explaining how it will determine if an investment project qualifies for the sales and use tax deferral for underutilized commercial pro...
The Washington Department of Revenue has issued interim guidance explaining how it will determine if an investment project qualifies for the sales and use tax deferral for underutilized commercial pro...
WV - Child and dependent care credit created
West Virginia enacted special session legislation that creates a nonrefundable child and dependent care credit. The state credit is equal to 50% of the federal credit allowed under IRC Sec. 21. Taxpay...
West Virginia enacted special session legislation that creates a nonrefundable child and dependent care credit. The state credit is equal to 50% of the federal credit allowed under IRC Sec. 21. Taxpay...
WI - Manitowoc County new sales and use tax
The Wisconsin Department of Revenue (DOR) has noted that Manitowoc County will impose a new 0.5% sales and use tax beginning January 1, 2025. Post, Wisconsin Department of Revenue, October 4, 2024...
The Wisconsin Department of Revenue (DOR) has noted that Manitowoc County will impose a new 0.5% sales and use tax beginning January 1, 2025. Post, Wisconsin Department of Revenue, October 4, 2024...
WY - SST taxability matrix and certificate of compliance updated
Wyoming updated its Streamlined Sales and Use Tax (SST) Agreement taxability matrix and certificate of compliance. The changes are effective August 1, 2024. Taxability Matrix: Tax Administration Pract...
Wyoming updated its Streamlined Sales and Use Tax (SST) Agreement taxability matrix and certificate of compliance. The changes are effective August 1, 2024. Taxability Matrix: Tax Administration Pract...
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