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2025 Tax Year-in-Review2025 Year-End Tax PlanningOne Big Beautiful Bill Act (Signed Into Law July 4, 2025)
IRS Launches New Web Page to Streamline Fraud Reporting and Improve Case Processing (IR 2026-26)
The IRS introduced a new web page designed to streamline and strengthen the reporting of suspected tax fraud, scams, evasion, and related misconduct. The initiative consolidates previously fragmente...
The IRS introduced a new web page designed to streamline and strengthen the reporting of suspected tax fraud, scams, evasion, and related misconduct. The initiative consolidates previously fragmente...
IRS Lists Dirty Dozen Tax Scams for 2026 (IR 2026-30)
The IRS announced its 2026 “Dirty Dozen” list of tax scams warning individuals, businesses and tax professionals about evolving fraud schemes that threaten tax and financial information. The annua...
The IRS announced its 2026 “Dirty Dozen” list of tax scams warning individuals, businesses and tax professionals about evolving fraud schemes that threaten tax and financial information. The annua...
Treasury Secretary’s Acting IRS Commissioner Role Ends (IR 2026-36)
The Secretary of the Treasury’s service as Acting Commissioner of the Internal Revenue Service ended under the Federal Vacancies Reform Act and the IRS continues operating under existing Treasury ov...
The Secretary of the Treasury’s service as Acting Commissioner of the Internal Revenue Service ended under the Federal Vacancies Reform Act and the IRS continues operating under existing Treasury ov...
IRS Opens 2026 Tax Filing Season with Enhanced Digital Tools and Faster Refunds (IR 2026-12)
The IRS has announced the opening of the 2026 tax filing season and has begun accepting and processing federal individual income tax returns for the tax year 2025. Additionally, the IRS encouraged tax...
The IRS has announced the opening of the 2026 tax filing season and has begun accepting and processing federal individual income tax returns for the tax year 2025. Additionally, the IRS encouraged tax...
National Taxpayer Advocate Warns of Filing Challenges for 2026 Season (IR 2026-15)
The National Taxpayer Advocate reported, that most individual taxpayers experienced a smooth filing process during the 2025 tax year, but warned that the 2026 filing season may present greater challen...
The National Taxpayer Advocate reported, that most individual taxpayers experienced a smooth filing process during the 2025 tax year, but warned that the 2026 filing season may present greater challen...
IRS Offers Tips for Choosing Qualified Tax Return Preparers
IRS has advised individual taxpayers that they remain legally responsible for the accuracy of their federal tax returns, even when using a paid preparer. With most tax documents now issued, the agency...
IRS has advised individual taxpayers that they remain legally responsible for the accuracy of their federal tax returns, even when using a paid preparer. With most tax documents now issued, the agency...
AZ - Penny rounding rules issued
Arizona has adopted mandatory "Swedish rounding" for certain cash transactions in Arizona. The new rule applies when one-cent coins are not available or are not used by a seller at the point of sale a...
Arizona has adopted mandatory "Swedish rounding" for certain cash transactions in Arizona. The new rule applies when one-cent coins are not available or are not used by a seller at the point of sale a...
CA - Nonrecognition of gain from sale of storm-damaged property allowed
Owners of commercial property damaged by a storm were entitled to nonrecognition of gain from the sale of the property, the proceeds of which were used to acquire qualified replacement property. The F...
Owners of commercial property damaged by a storm were entitled to nonrecognition of gain from the sale of the property, the proceeds of which were used to acquire qualified replacement property. The F...
CO - Card payment processing company not obligated to collect and remit sales tax
Colorado issued a private letter ruling addressing sales and use tax obligations for a company that provided card payment processing services and fraud protection for international e-commerce merchant...
Colorado issued a private letter ruling addressing sales and use tax obligations for a company that provided card payment processing services and fraud protection for international e-commerce merchant...
FL - Solid mineral tax rates for 2026 announced
Alaska—Property Tax: Governor Proposes Changes to Liquefied Natural Gas ProjectAlaska Gov. Mike Dunleavy transmitted legislation to the Alaska State Legislature replacing the existing oil and gas pr...
Alaska—Property Tax: Governor Proposes Changes to Liquefied Natural Gas ProjectAlaska Gov. Mike Dunleavy transmitted legislation to the Alaska State Legislature replacing the existing oil and gas pr...
GA - Transportation services tax rates adjusted
Georgia updated its transportation services tax rates for hire ground transport and shared for hire ground transport. For the period of April 1, 2026, through March 31, 2027, the rates are $0.64 per t...
Georgia updated its transportation services tax rates for hire ground transport and shared for hire ground transport. For the period of April 1, 2026, through March 31, 2027, the rates are $0.64 per t...
HI - Relief available for taxpayers affected by March 2026 kona low weather event
Taxpayers adversely affected by the March 2026 Kona Low weather event occurring throughout Hawaii between March 10 and March 23, 2026, may be eligible for state income tax return filing and payment re...
Taxpayers adversely affected by the March 2026 Kona Low weather event occurring throughout Hawaii between March 10 and March 23, 2026, may be eligible for state income tax return filing and payment re...
ID: Reminder issued on exemption for small sellers
daho residents are reminded about previously enacted legislation that provides a sales and use tax exemption for certain small sellers with annual sales of $5,000 or less. The exemption is effective J...
daho residents are reminded about previously enacted legislation that provides a sales and use tax exemption for certain small sellers with annual sales of $5,000 or less. The exemption is effective J...
IL - Kane County increases tax rate beginning July 1
Effective July 1, 2026. the tax rate on retail motor fuel sales in Kane County, Illinois will increase from 5¢ per gallon to 8¢ per gallon. Informational Bulletin FY 2026-20, Illinois Department of ...
Effective July 1, 2026. the tax rate on retail motor fuel sales in Kane County, Illinois will increase from 5¢ per gallon to 8¢ per gallon. Informational Bulletin FY 2026-20, Illinois Department of ...
IA - Guidance issued on returns, payments, appeals by mail
The Iowa Department of Revenue (DOR) has issued guidance in light of the U.S. Post Office Domestic Mail Manual updates that became effective December 24, 2025. Iowa law generally provides that tax ret...
The Iowa Department of Revenue (DOR) has issued guidance in light of the U.S. Post Office Domestic Mail Manual updates that became effective December 24, 2025. Iowa law generally provides that tax ret...
MD - Guidance issued on capital gains surtax
The Maryland Comptroller has issued guidance regarding the additional 2% capital gains tax on individuals with federal adjusted gross income in excess of $350,000 regardless of filing status, beginnin...
The Maryland Comptroller has issued guidance regarding the additional 2% capital gains tax on individuals with federal adjusted gross income in excess of $350,000 regardless of filing status, beginnin...
MA - Individual mandate penalty for 2026 announced
Massachusetts issued guidance on personal income taxes regarding individual mandate penalties for 2026 under the Massachusetts Health Care Reform Act. The penalties apply to adults 18 and older who ar...
Massachusetts issued guidance on personal income taxes regarding individual mandate penalties for 2026 under the Massachusetts Health Care Reform Act. The penalties apply to adults 18 and older who ar...
NV - Tax exemption criteria tightened for nonprofit organizations
Nevada's Department of Taxation has revised the criteria for nonprofit organizations to qualify for sales and use tax exemptions, requiring compliance with enhanced standards. In determining whether a...
Nevada's Department of Taxation has revised the criteria for nonprofit organizations to qualify for sales and use tax exemptions, requiring compliance with enhanced standards. In determining whether a...
NM - Revision of NOL carryforward amount denied when prior years closed
The New Mexico Administrative Hearings Office denied a taxpayer’s protest regarding the New Mexico corporate income tax and net operating loss (NOL) carryforward amounts reported on its amended 2021...
The New Mexico Administrative Hearings Office denied a taxpayer’s protest regarding the New Mexico corporate income tax and net operating loss (NOL) carryforward amounts reported on its amended 2021...
NY - Audit methodology, penalties and personal liability upheld
The New York Division of Taxation properly resorted to an estimated audit methodology to determine the sales and use tax liability for all of the petitioner automotive towing and repair businesses. Th...
The New York Division of Taxation properly resorted to an estimated audit methodology to determine the sales and use tax liability for all of the petitioner automotive towing and repair businesses. Th...
NC: Guidance issued on weight-based snuff tax, alternative nicotine products tax, and inventory tax
Guidance is issued regarding recently enacted legislation, effective July 1, 2025, that changed the North Carolina excise tax rate methodology for snuff, imposed a new excise tax on alternative nicoti...
Guidance is issued regarding recently enacted legislation, effective July 1, 2025, that changed the North Carolina excise tax rate methodology for snuff, imposed a new excise tax on alternative nicoti...
ND - Guidance on sales to or by native Americans updated
North Dakota updated its guidance on sales and use tax for transactions involving Native Americans. The guidance discusses tax exemptions for sales made by Native American retailers on reservations, t...
North Dakota updated its guidance on sales and use tax for transactions involving Native Americans. The guidance discusses tax exemptions for sales made by Native American retailers on reservations, t...
OH - 2026 second quarter PAT average wholesale prices released
Ohio has released the petroleum activity tax (PAT) statewide average wholesale prices for the second quarter of 2026.The average prices per gallon for the second quarter are:$1.774 for unleaded gasoli...
Ohio has released the petroleum activity tax (PAT) statewide average wholesale prices for the second quarter of 2026.The average prices per gallon for the second quarter are:$1.774 for unleaded gasoli...
OR - Phase out calculation must exclude social security benefits and exempt interest
The Oregon Tax Court held that including federally taxable social security benefits and interest from federal debt obligations in formulas used to determine phase-out thresholds for Oregon personal in...
The Oregon Tax Court held that including federally taxable social security benefits and interest from federal debt obligations in formulas used to determine phase-out thresholds for Oregon personal in...
PA - Estimated payment policy clarified
Philadelphia has issued guidance on the business income and receipts tax (BIRT) for tax year 2025. The city clarifies its estimated payment policy following the removal of the $100,000 exclusion, requ...
Philadelphia has issued guidance on the business income and receipts tax (BIRT) for tax year 2025. The city clarifies its estimated payment policy following the removal of the $100,000 exclusion, requ...
TN - Exemption for family-owned noncorporate entities modified
Under the Tennessee franchise and excise tax exemption for family-owned noncorporate entities, the definition of "family-owned" has been amended to mean that at least 95% of the voting rights, capital...
Under the Tennessee franchise and excise tax exemption for family-owned noncorporate entities, the definition of "family-owned" has been amended to mean that at least 95% of the voting rights, capital...
TX - Manufacturing exemption denied for solar tracker systems
Texas issued a ruling on sales and use tax refund claims filed by a taxpayer operating a utility-scale solar power station. The ruling determined that components of the tracker system, which adjust so...
Texas issued a ruling on sales and use tax refund claims filed by a taxpayer operating a utility-scale solar power station. The ruling determined that components of the tracker system, which adjust so...
UT - Eligibility for child tax credit expanded
Beginning on and after January 1, 2026, eligibility for the Utah nonrefundable individual income tax credit for qualifying children is expanded by increasing the thresholds for the income-based phaseo...
Beginning on and after January 1, 2026, eligibility for the Utah nonrefundable individual income tax credit for qualifying children is expanded by increasing the thresholds for the income-based phaseo...
VA - Sunset date of motion picture production tax credit extended
The sunset date of the Virginia motion picture production corporate and individual income tax credit is extended from January 1, 2027, to January 1, 2031. Ch. 795 (H.B. 400) and Ch. 827 (S.B. 612), La...
The sunset date of the Virginia motion picture production corporate and individual income tax credit is extended from January 1, 2027, to January 1, 2031. Ch. 795 (H.B. 400) and Ch. 827 (S.B. 612), La...
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