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2018 Year-End Tax Planning Tax Reform 2.0 2018 Post-Filing Season Update Congress Approves Sweeping Tax Overhaul

Safe Harbor for Taxpayers Claiming 100 Percent Bonus Depreciation on Vehicles Subject to Luxury Car Depreciation Caps
A long-expected safe harbor allows the owner of a vehicle that is subject to the annual luxury car depreciation caps to claim depreciation deductions during each year of the vehicle’s regular re...

Senate Approves Bipartisan IRS, Treasury Funding Bill; Grassley Pushes for Tax Extenders
The Senate approved a bipartisan government spending bill on February 14 by an 83-to-16 vote to avert another partial government shutdown. The "minibus" spending package, which will keep the...

Tax Reform Benefits Seen in Larger Paychecks, Not Refunds, Treasury Says
The average refund amount at the beginning of the 2019 tax filing season was smaller than this time period last year, a new IRS report shows. However, most taxpayers are seeing tax reform’s bene...

IRS Recommends Acquiescence In Result in Case Holding Meals as De Minimis Fringe Benefits
The IRS has recommended acquiescence in result only to a Tax Court decision. In J.M Jacobs, 148 TC No. 24, Dec. 60,947, the Tax Court allowed a professional hockey team, organized as an...

IRS Issues Update on Enrolled Agent Renewal Processing
The processing of renewals for enrolled agents (EA) whose enrollment expires on March 31, 2019 will be delayed due to the government shutdown. Therefore, the IRS is automatically extending enrollment ...

AZ - Guidance regarding state tax benefits for taxpayers issued
The Arizona Department of Revenue (department) has issued a notice informing taxpayers that they may still be eligible for property and personal income tax benefits. The notice provides that taxpayers...

CA - Extension granted to taxpayers affected by storms
For corporate and personal income tax purposes, the California Employment Development Department (EDD) stated that employers in various counties directly affected by the recent severe winter storms ma...

CO - Computer program maintenance service charges not subject to tax
A company’s (taxpayer’s) charges for computer program maintenance services were not subject to Colorado sales and use tax because the taxpayer was not selling taxable computer software as ...

FL - Florida issues tax cuts and jobs act impact report
Florida issued a comprehensive 288-page report on how the federal Tax Cuts and Jobs Act (TCJA) impacts the state corporate income tax. State legislation enacted in 2018 directed the Florida Department...

GA - Filing deadline for farmers and fishermen extended; UET penalty waived
For personal income tax purposes, the Georgia Department of Revenue (department) has issued a press release informing farmers and fishermen who missed the March 1, 2019, filing deadline that they can ...

HI - Online travel companies’ car rentals subject to Hawaii general excise tax
Online travel companies’ car rentals were subject to Hawaii general excise tax. The tax was based on the portion of the proceeds that the online travel companies retained.Tax Allowed Despite Pri...

ID - Idaho might impose sales tax duties on remote sellers and marketplace facilitators
Idaho might impose sales tax duties on remote sellers and marketplace facilitators. Legislation introduced in the Idaho House of Representatives includes:an economic nexus provision for remo...

IL - Changes to combined reporting requirements proposed
Illinois legislation proposes to make important changes to combined reporting requirements for corporate income taxpayers.Combined Reporting ChangesAmong other changes, the bills would:manda...

IA - Deadline for farmers and fishermen extended
For personal income tax purposes, the Iowa Department of Revenue (IDR) has issued a press release informing farmers and fishermen that they can now file and pay their 2018 income taxes by April 30, 20...

MD - Combined reporting legislation introduced
Two separate bills have been introduced in the Maryland Senate that would require mandatory combined reporting of corporate income taxes beginning in 2020. While S.B. 76 would mandate combined reporti...

MA - Taxpayers proved overvaluation of property
A Massachusetts property tax assessment of an estate property was reduced because the taxpayers met their burden of proving that the property was overvalued by the assessors. The Appellate Tax Board (...

NV - Regulation establishing standards to determine whether overpayment of taxes was made intentionally or by reason of carelessness
The Nevada Tax Commission has issued a sales tax regulation establishing the standards to be used by the Department of Taxation to determine whether an overpayment of certain taxes was made intentiona...

NM - Department announces new worksheet for calculating addback of state and local taxes for 2018
Due to changes made by the federal Tax Cuts and Jobs Act TCJA, the worksheet for New Mexico personal income tax Form PIT-1, line 10 does not result in the correct addback amount of state and local tax...

NY - New York may treat online marketplace provider as co-vendor for sales on behalf of independent software vendors
A taxpayer that operates an online marketplace may be treated as a co-vendor with regard to all taxable sales it facilitates on its marketplace on behalf of independent software vendors (ISVs) if:the ...

NC - Senate passes IRC conformity update
The North Carolina Senate passed a bill that:updates the IRC conformity date for computing corporate and personal income tax liability; andmakes other technical changes.S.B. 56, as passed by the North...

ND - Electronic filing requirement enacted for certain information returns
North Dakota has enacted an electronic filing requirement for taxpayers filing 10 or more annual employer withholding returns or certain other information returns.WaiversThe electronic filing requirem...

OH - Wholesale price for pat released
Ohio released the petroleum activity tax (PAT) statewide average wholesale prices for the second quarter of 2019.What is the average price per gallon?The average prices per gallon for the second quart...

OR - Department will not extend filing due date for farmers and fishermen
The Oregon Department of Revenue announced that, unlike the Internal Revenue Service, Oregon will not extend the due date for farmers and fishermen to file and pay their 2018 individual income taxes. ...

PA - Right to equal protection not violated by lack of post tax sale right of redemption
For property tax purposes, the trial court did not err in concluding that the Real Estate Tax Sale Law’s (RETSL’s) lack of a post-tax-sale right of redemption provision was not in violatio...

TN - Governor proposes to repeal amusement tax on gym memberships
Tennessee Gov. Bill Lee has proposed to repeal the amusement tax on gym memberships. The proposal will be part of the governor’s upcoming budget.The Amusement TaxThe amusement tax is placed on m...

TX - Taxpayer’s charges for consulting, start-up and website design subject to tax
The Texas Comptroller of Public Accounts issued a private letter ruling stating that a taxpayer’s charges for consulting, start-up, and website design were subject to sales and use tax. In this ...

UT - Repatriation tax amendments enacted
Utah has modified:the definition of "unadjusted income" as it relates to deferred foreign income described in IRC §965; andthe schedule for a corporation to pay the state tax on deferre...

VA - Virginia’s use of costs of performance method was not unconstitutional
The Virginia Supreme Court has determined that the state’s apportionment method was not unconstitutional when applied to a corporate taxpayer headquartered in Virginia. The state uses the costs ...

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