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2025 Tax Year-in-Review2025 Year-End Tax PlanningOne Big Beautiful Bill Act (Signed Into Law July 4, 2025)
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...
IRS Outlines Key Steps for 2026 Filing Season Readiness
The IRS has issued guidance urging taxpayers to take several important steps in advance of the 2026 federal tax filing season, which opens on January 26. Individuals are encouraged to create or access...
The IRS has issued guidance urging taxpayers to take several important steps in advance of the 2026 federal tax filing season, which opens on January 26. Individuals are encouraged to create or access...
IRS Confirms Supplemental Military Housing Payments Are Not Taxable (IR 2026-09)
The IRS has confirmed that supplemental housing payments issued to members of the uniformed services in December 2025 are not subject to federal income tax. These payments, classified as “qualified ...
The IRS has confirmed that supplemental housing payments issued to members of the uniformed services in December 2025 are not subject to federal income tax. These payments, classified as “qualified ...
IRS Announces New Digital Form 211 for Whistleblower Submissions (IR 2025-123)
The IRS announced that its Whistleblower Office has launched a new digital Form 211 to make reporting tax noncompliance faster and easier. Further, the electronic option allows individuals to submit i...
The IRS announced that its Whistleblower Office has launched a new digital Form 211 to make reporting tax noncompliance faster and easier. Further, the electronic option allows individuals to submit i...
IRS Highlights Taxpayer Rights Under the Taxpayer Bill of Rights
The IRS has reminded taxpayers about the legal protections afforded by the Taxpayer Bill of Rights. Organized into 10 categories, these rights ensure taxpayers can engage with the IRS confidently and...
The IRS has reminded taxpayers about the legal protections afforded by the Taxpayer Bill of Rights. Organized into 10 categories, these rights ensure taxpayers can engage with the IRS confidently and...
FinCEN Postpones Investment Adviser Rule Until 2028 (FinCEN Final Rule RIN 1506-AB58 and 1506-AB69)
The Financial Crimes Enforcement Network (FinCEN) has amended the Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) Program and Suspicious Activity Report (SAR) Filing Requirements...
The Financial Crimes Enforcement Network (FinCEN) has amended the Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) Program and Suspicious Activity Report (SAR) Filing Requirements...
AZ - Governor hobbs vetoes second conformity bill
Arizona Governor Katie Hobbs vetoed HB 2785, marking the second time she declined to approve a tax conformity bill during the 2026 filing season. Her Veto Letter noted that she will sign The Middle...
Arizona Governor Katie Hobbs vetoed HB 2785, marking the second time she declined to approve a tax conformity bill during the 2026 filing season. Her Veto Letter noted that she will sign The Middle...
CA - Taxpayer met criteria to use three-factor apportionment formula
A taxpayer qualified to use an equally weighted three-factor apportionment formula based on property, payroll, and sales, instead of California's standard single-sales factor formula, to determine the...
A taxpayer qualified to use an equally weighted three-factor apportionment formula based on property, payroll, and sales, instead of California's standard single-sales factor formula, to determine the...
CO - Electronic filing and payment mandated for county lodging tax
Colorado adopted a new rule mandating electronic filing of the county lodging tax and visitor benefit tax return and electronic payment of the county lodging tax. The requirements are phased in as fol...
Colorado adopted a new rule mandating electronic filing of the county lodging tax and visitor benefit tax return and electronic payment of the county lodging tax. The requirements are phased in as fol...
FL - Guidance provided on registration for natural gas fuel taxes and exemptions
Guidance is provided regarding registration for natural gas fuel taxes and applicable exemptions.RegistrationA natural gas fuel retailer and any business that uses natural gas fuel in a motor vehicle ...
Guidance is provided regarding registration for natural gas fuel taxes and applicable exemptions.RegistrationA natural gas fuel retailer and any business that uses natural gas fuel in a motor vehicle ...
GA - Local rate chart released for Q2 of 2026
The Georgia Department of Revenue has released a local sales and use tax rate chart for the quarter beginning April 1, 2026. Georgia Sales and Use Tax Rate Chart, Georgia Department of Revenue, March ...
The Georgia Department of Revenue has released a local sales and use tax rate chart for the quarter beginning April 1, 2026. Georgia Sales and Use Tax Rate Chart, Georgia Department of Revenue, March ...
HI - New process for pre-certification of tax exemption for rental income from affordable housing
Hawaii has a new process for pre-certification of the general excise tax (GET) exemption for rental income from the leasing of affordable housing units. Pre-certification is an optional process that w...
Hawaii has a new process for pre-certification of the general excise tax (GET) exemption for rental income from the leasing of affordable housing units. Pre-certification is an optional process that w...
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 - Guidance on hotel operators' occupation tax updated
Illinois updated guidance on the hotel operators’ occupation tax, including information on:the types of accommodations subject to the tax;the taxation of short-term rentals, hosting platforms, and r...
Illinois updated guidance on the hotel operators’ occupation tax, including information on:the types of accommodations subject to the tax;the taxation of short-term rentals, hosting platforms, and r...
IA - Modernized e-file program publication issued
The Iowa Department of Revenue has released information for e-File providers and the state's Modernized e-File (MeF) Program. The publication is intended for software companies, transmitters, and elec...
The Iowa Department of Revenue has released information for e-File providers and the state's Modernized e-File (MeF) Program. The publication is intended for software companies, transmitters, and elec...
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 - Deduction for subcontractor expenses claimed on amended return denied
The Appellate Tax Board of Massachusetts denied the appellant’s appeal for a deduction in subcontractor expenses claimed on its second amended corporate excise tax return for the tax year at issue, ...
The Appellate Tax Board of Massachusetts denied the appellant’s appeal for a deduction in subcontractor expenses claimed on its second amended corporate excise tax return for the tax year at issue, ...
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 - Vehicle registration fees increased and new fees imposed for electric vehicles
New Mexico enacted legislation that increases weight distance tax rates for motor vehicles other than buses, with progressive rates based on declared gross weight. Additionally, the legislation revise...
New Mexico enacted legislation that increases weight distance tax rates for motor vehicles other than buses, with progressive rates based on declared gross weight. Additionally, the legislation revise...
NY - Reminder issued on opt-in deadline for pass-through entity tax
New York issued a reminder that, in order to participate in the optional pass-through entity tax (PTET), taxpayers must opt in each year. A taxpayer wishing to participate in the PTET for 2026 must op...
New York issued a reminder that, in order to participate in the optional pass-through entity tax (PTET), taxpayers must opt in each year. A taxpayer wishing to participate in the PTET for 2026 must op...
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 - IRC conformity bill passes house
The Oregon House has passed a bill that would update the state's IRC conformity date, disconnect from certain provisions, and make other changes. The bill previously passed the Oregon Senate and now g...
The Oregon House has passed a bill that would update the state's IRC conformity date, disconnect from certain provisions, and make other changes. The bill previously passed the Oregon Senate and now g...
PA - List of taxable and exempt items revised
Pennsylvania has updated a sales and use notice that lists personal property and services as taxable or nontaxable. The list notes new items, changes and clarifications, along with property subject to...
Pennsylvania has updated a sales and use notice that lists personal property and services as taxable or nontaxable. The list notes new items, changes and clarifications, along with property subject to...
TN - County mineral severance tax rate increases announced
Tennessee announced that the following counties will increase their mineral severance taxes to 20 cents per ton, effective April 1, 2026: Hamblen; Johnson; Meigs; and Union.Also, Sequatchie County has...
Tennessee announced that the following counties will increase their mineral severance taxes to 20 cents per ton, effective April 1, 2026: Hamblen; Johnson; Meigs; and Union.Also, Sequatchie County has...
TX - January 2026 certification of the average closing price of gas and oil released
The Texas Comptroller of Public Accounts has determined the average taxable price of crude oil for the reporting period January 2026 is $35.23 per barrel for the three-month period beginning on Octobe...
The Texas Comptroller of Public Accounts has determined the average taxable price of crude oil for the reporting period January 2026 is $35.23 per barrel for the three-month period beginning on Octobe...
UT - Koosharem imposes municipality transient room tax
Beginning April 1, 2026, Koosharem in Sevier County, Utah, imposes a 1% municipality transient room tax. This raises the total transient room tax in Koosharem to 6.57%. Those providing short-term publ...
Beginning April 1, 2026, Koosharem in Sevier County, Utah, imposes a 1% municipality transient room tax. This raises the total transient room tax in Koosharem to 6.57%. Those providing short-term publ...
VA - Interest rates changed for second quarter of 2026
The Virginia interest rates for the second quarter of 2026 decrease to 8% for tax underpayments (assessments) and 8% for tax overpayments (refunds).Taxpayers whose taxable year ends on March 31, 2026....
The Virginia interest rates for the second quarter of 2026 decrease to 8% for tax underpayments (assessments) and 8% for tax overpayments (refunds).Taxpayers whose taxable year ends on March 31, 2026....
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