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IRS Reminds Taxpayers to Protect Personal and Financial Information Online
The IRS has reminded taxpayers about the continued importance of protecting personal and financial information online during National Cybersecurity Month. Further, the Service has urged parents, fam...
The IRS has reminded taxpayers about the continued importance of protecting personal and financial information online during National Cybersecurity Month. Further, the Service has urged parents, fam...
IRS and Organizations Highlight Charity Fraud Awareness
The IRS joined international organizations and other regulators in highlighting Charity Fraud Awareness Week on October 18-22. The campaign is run by an international partnership of charities, regul...
The IRS joined international organizations and other regulators in highlighting Charity Fraud Awareness Week on October 18-22. The campaign is run by an international partnership of charities, regul...
IRS Issues Information on Valid Research Credit Claims
The IRS issued information that taxpayers will be required to include for a research credit claim for refund to be considered valid. The current Treasury regulations require a refund claim to forth su...
The IRS issued information that taxpayers will be required to include for a research credit claim for refund to be considered valid. The current Treasury regulations require a refund claim to forth su...
IRS Updates Process for FAQs on New Tax Legislation
The IRS has updated its process for certain frequently asked questions (FAQs) on newly enacted tax legislation. The Service will now announce significant FAQs on newly enacted tax legislation, as well...
The IRS has updated its process for certain frequently asked questions (FAQs) on newly enacted tax legislation. The Service will now announce significant FAQs on newly enacted tax legislation, as well...
IRS Updates Audit Technique Guides on Real Property Foreclosures and the Construction Industry
The IRS has updated its real property foreclosure and construction industry Audit Technique Guides. An Audit Technique Guide focuses on developing highly trained examiners for particular market segmen...
The IRS has updated its real property foreclosure and construction industry Audit Technique Guides. An Audit Technique Guide focuses on developing highly trained examiners for particular market segmen...
Final Regulations Contain New User Fees for Estate Tax Closing Letter
The IRS issued final regulations that establish a new user fee of $67 for taxpayers requesting an IRS Letter 627, also called an estate tax closing letter. The fee is effective for requests for estate...
The IRS issued final regulations that establish a new user fee of $67 for taxpayers requesting an IRS Letter 627, also called an estate tax closing letter. The fee is effective for requests for estate...
FBAR Relief Available for Victims of Recent Natural Disasters
The Financial Crimes Enforcement Network (FinCEN) is providing filing relief to taxpayers who have been adversely affected by Hurricane Ida, the California Wildfires, Tennessee Severe Storm and Floodi...
The Financial Crimes Enforcement Network (FinCEN) is providing filing relief to taxpayers who have been adversely affected by Hurricane Ida, the California Wildfires, Tennessee Severe Storm and Floodi...
AZ - No local rate changes effective September 1
There are no local Arizona transaction privilege tax (TPT) changes effective September 1, 2021. The TPT rate chart can be viewed at: https://azdor.gov/sites/default/files/media/TPT_RATETABLE_09012021...
There are no local Arizona transaction privilege tax (TPT) changes effective September 1, 2021. The TPT rate chart can be viewed at: https://azdor.gov/sites/default/files/media/TPT_RATETABLE_09012021...
CA - November tax news discusses form 592, Calsavers notices, and other filing information
In its November 2021 issue of tax news, the California Franchise Tax Board (FTB) provides information on a variety of corporate and personal income tax issues, including the following:Guidance on subm...
In its November 2021 issue of tax news, the California Franchise Tax Board (FTB) provides information on a variety of corporate and personal income tax issues, including the following:Guidance on subm...
CO - Heart monitor does not qualify for medical devices exemption
The Colorado Department of Revenue (department) issued a letter ruling discussing the application of sales and use tax on the retail sale of heart monitors. In this matter a company (taxpayer) sold he...
The Colorado Department of Revenue (department) issued a letter ruling discussing the application of sales and use tax on the retail sale of heart monitors. In this matter a company (taxpayer) sold he...
FL - Solar panels on federal air base taxable
A Florida taxpayer’s tangible personal property used in connection with a solar energy generating facility within the federal Air Force base was taxable because once leased, the property is no longe...
A Florida taxpayer’s tangible personal property used in connection with a solar energy generating facility within the federal Air Force base was taxable because once leased, the property is no longe...
GA - Sales and use tax treatment of fundraising activities conducted by organizations exempt from federal income discussed
For sales and use tax purposes, Georgia issued a policy bulletin providing guidance to organizations exempt from federal income tax under Internal Revenue Code (IRC) 501(c)(3) ("501(c)(3) organization...
For sales and use tax purposes, Georgia issued a policy bulletin providing guidance to organizations exempt from federal income tax under Internal Revenue Code (IRC) 501(c)(3) ("501(c)(3) organization...
HI - Kauai County enacts transient accommodations tax
Kauai County, Hawaii, has enacted a transient accommodations tax (TAT) of 3 percent effective October 1, 2021. Mayor Derek S. K. Kawakami signed Bill No. 2829 which levies the TAT on every taxpayer th...
Kauai County, Hawaii, has enacted a transient accommodations tax (TAT) of 3 percent effective October 1, 2021. Mayor Derek S. K. Kawakami signed Bill No. 2829 which levies the TAT on every taxpayer th...
ID - 2021 individual income tax rate schedule released
The Idaho State Tax Commission has released the personal income tax rate schedule for computing tax liability for tax year 2021. Idaho income tax brackets are adjusted for inflation each year. The ind...
The Idaho State Tax Commission has released the personal income tax rate schedule for computing tax liability for tax year 2021. Idaho income tax brackets are adjusted for inflation each year. The ind...
IL - Online retailer facilitating sale of third-party goods not a marketplace facilitator
The Illinois Department of Revenue (department) issued a letter ruling stating that an online retailer (taxpayer) was not considered a marketplace facilitator for Illinois sales and use tax purposes b...
The Illinois Department of Revenue (department) issued a letter ruling stating that an online retailer (taxpayer) was not considered a marketplace facilitator for Illinois sales and use tax purposes b...
IA - Updated sales and use tax guidance issued
The Iowa Department of Revenue has issued updated general guidance on sales and use tax in the state. The guidance contains information such as permit requirements, tax rates, filing requirements, ref...
The Iowa Department of Revenue has issued updated general guidance on sales and use tax in the state. The guidance contains information such as permit requirements, tax rates, filing requirements, ref...
MD - Evidence for claiming refund under statute of limitation discussed
The Court of Special Appeals of Maryland (court), in a personal income tax matter, determined that in a situation where a taxpayer mails a claim for a refund, but the Comptroller of Maryland does not ...
The Court of Special Appeals of Maryland (court), in a personal income tax matter, determined that in a situation where a taxpayer mails a claim for a refund, but the Comptroller of Maryland does not ...
MA - Denial of manufacturing classification affirmed as taxpayer was not engaged in any manufacturing activities
For property tax purposes, the taxpayer could not be classified as a manufacturing corporation for the year 2019 because it was not engaged in any manufacturing activities in Massachusetts as of Janua...
For property tax purposes, the taxpayer could not be classified as a manufacturing corporation for the year 2019 because it was not engaged in any manufacturing activities in Massachusetts as of Janua...
NV - State high court upholds decision invalidating parts of 2019 MBT legislation
The Nevada Supreme Court affirmed a district court decision that invalidated portions of a 2019 law (S.B. 551) affecting the rates of the modified business tax. The law had resulted in Nevada continui...
The Nevada Supreme Court affirmed a district court decision that invalidated portions of a 2019 law (S.B. 551) affecting the rates of the modified business tax. The law had resulted in Nevada continui...
NM - Guidance on gross receipts tax holiday revised
The New Mexico Taxation and Revenue Department has revised its publication providing information on the gross receipts tax holiday. The publication covers numerous topics, including a general summary ...
The New Mexico Taxation and Revenue Department has revised its publication providing information on the gross receipts tax holiday. The publication covers numerous topics, including a general summary ...
NY - Petition granted as taxpayer entitled to child and dependent care credits
A taxpayer’s petition for the redetermination of deficiency or for refund of New York State personal income tax was granted as the taxpayer provided sufficient proof to qualify for child and depende...
A taxpayer’s petition for the redetermination of deficiency or for refund of New York State personal income tax was granted as the taxpayer provided sufficient proof to qualify for child and depende...
NC - Guidance on impact of federal legislation on personal income tax returns
The North Carolina Department of Revenue issued a notice that explains the impact of the American Rescue Plan of 2021 and the Consolidated Appropriations Act of 2021, on North Carolina’s 2020 person...
The North Carolina Department of Revenue issued a notice that explains the impact of the American Rescue Plan of 2021 and the Consolidated Appropriations Act of 2021, on North Carolina’s 2020 person...
ND - Summary of 2021 legislation released
North Dakota issued a summary containing highlights of corporate and personal income tax legislation enacted in 2021, including laws that:expanded the credits for nonprofit private school contribution...
North Dakota issued a summary containing highlights of corporate and personal income tax legislation enacted in 2021, including laws that:expanded the credits for nonprofit private school contribution...
OH - Leased equipment not qualified for casual sales exemption
A road construction company (taxpayer) was properly denied Ohio casual sales tax exemption as the taxpayer’s leases ceased to be occasional, casual, or isolated and instead became a business. In thi...
A road construction company (taxpayer) was properly denied Ohio casual sales tax exemption as the taxpayer’s leases ceased to be occasional, casual, or isolated and instead became a business. In thi...
OR - Maximum assessed value of taxpayer's property did not require recalculation
For Oregon property tax purposes, the taxpayer’s property for the tax year 2019-2020 did not require a recalculation of its maximum assessed value (MAV) based on the complete renovation and redevelo...
For Oregon property tax purposes, the taxpayer’s property for the tax year 2019-2020 did not require a recalculation of its maximum assessed value (MAV) based on the complete renovation and redevelo...
PA - Guidance regarding taxation of equipment rentals and equipment rentals with operators issued
The Pennsylvania Department of Revenue has issued guidance regarding the taxation of equipment rentals and equipment rentals with operators, including but not limited to cranes, concrete pumping and e...
The Pennsylvania Department of Revenue has issued guidance regarding the taxation of equipment rentals and equipment rentals with operators, including but not limited to cranes, concrete pumping and e...
TN - Guidance provided on filing a claim for refund when dealer is unresponsive
Effective October 1, 2021, a customer must follow a specific procedure to, in limited instances, file a claim for refund of erroneously paid sales or use tax directly with the Tennessee Department of ...
Effective October 1, 2021, a customer must follow a specific procedure to, in limited instances, file a claim for refund of erroneously paid sales or use tax directly with the Tennessee Department of ...
TX - Foodservice management company provided nontaxable consulting services
A foodservice management company (taxpayer) was not subject to Texas sales and use tax as the taxpayer was providing consulting services, not information services, because the taxpayer’s use of clie...
A foodservice management company (taxpayer) was not subject to Texas sales and use tax as the taxpayer was providing consulting services, not information services, because the taxpayer’s use of clie...
UT - Primary residential exemption denied
For Utah property tax purposes, the taxpayer was not entitled to receive a primary residential exemption because he failed to meet the burden of showing that he was entitled to the exemption. The taxp...
For Utah property tax purposes, the taxpayer was not entitled to receive a primary residential exemption because he failed to meet the burden of showing that he was entitled to the exemption. The taxp...
VA - Audit staff directed to review taxpayer's exemption certificate documentation
A taxpayer appealed against the Virginia Department of Taxation’s (department’s) rejection of exemption certificates and the audit process itself because the taxpayer was not provided the opportun...
A taxpayer appealed against the Virginia Department of Taxation’s (department’s) rejection of exemption certificates and the audit process itself because the taxpayer was not provided the opportun...
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