The IRS has announced an increase in the optional standard mileage rate for the remainder of 2026. Optional standard mileage rates are used by employees, self-employed individuals, and other taxpayers...
The IRS has updated the applicable percentage table used to calculate an individual’s premium tax credit and required contribution percentage plan years beginning in calendar year 2027. The percenta...
Final regulations under Code Sec. 2056A have been adopted, applicable specifically to the estates of decedents that are passing property in a qualified domestic trust (QDOT) to (or for the benefit o...
The IRS has reminded businesses that seasonal and part-time employees must generally follow the same federal tax withholding, Social Security and Medicare tax rules as full-time employees. The agency ...
The IRS has advised newly married couples to update their tax information before the next tax filing season. The agency said marriage can change a couple's taxes, so taking a few simple steps now can ...
The IRS has reminded taxpayers that they have the right to question an IRS decision if they believe it is incorrect. This right is part of the Taxpayer Bill of Rights and helps make sure taxpayers a...
The National Taxpayer Advocate has released the Fiscal Year 2027 Objectives Report to Congress, concluding that the IRS generally conducted a successful 2026 filing season despite significant operatio...
The Arizona Department of Revenue issued guidance confirming that certain categories remain outside the scope of Arizona’s unclaimed property law, including de minimis property, property of customer...
Employers in Calaveras County directly affected by the Gann Fire, which began on August 2, 2026, may request up to a two-month extension of time from the California Employment Development Department t...
Colorado issued sales and use tax guidance on inventory withdrawn for promotional giveaways, credits for tax paid to another state, and sales tax nexus for marketplace sellers.Inventory withdrawn for ...
Applicable to tourist development tax collected on or after October 1, 2026, collection and administration of the 5% Highlands County tourist development tax imposed on transient rentals is transferre...
Georgia updated its guidance on personal income tax withholding requirements for employers in 2026. The revisions include a reduction in the state income tax rate from 5.19% to 4.99%, effective May 11...
The Hawaii Supreme Court has concluded that a taxpayer may seek declaratory relief regarding the validity of a tax agency rule, even though a Hawaii statute prohibits courts from issuing declaratory r...
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...
Illinois issued a news release highlighting personal income tax credits that allow parents, guardians, and educators to offset school expenses. Parents or legal guardians of full-time students under a...
The Iowa Department of Revenue refused to issue a declaratory order requested by the taxpayer. The taxpayer is in the business of waterproofing basements and requested a declaratory order seeking clar...
Equipment used by a public utility to transmit and deliver electricity generated out of state to customers in Maryland was exempt from sales and use tax. The transmission and distrubution system was d...
The Massachusetts Appeals Court reversed an Appellate Tax Board decision and held that a residential property tax exemption did not apply because the taxpayer was the limited liability company (LLC) t...
The June 2026 issue of Nevada Tax Notes focuses primarily on Nevada tax administration and compliance updates. The headline item is the upcoming Phase 3 rollout of My Nevada Tax on December 7, 2026, w...
New Mexico has announced that its interest rate on underpaid and overpaid taxes will increase to 7% for the third quarter of 2026. Penalty & Interest Rates, New Mexico Taxation and Revenue Departm...
The publication listing the local New York sales and use tax rates on qualified motor fuel, highway diesel motor fuel, and B20 biodiesel has been revised, effective September 1, 2026. The New York sta...
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...
North Dakota has announced the following local sales and use tax changes effective October 1, 2026: (1) the city of Kindred will remove its maximum tax (refund cap); (2) the city of Minot will increas...
Ohio issued new personal income tax withholding tables for employers, effective for payrolls that end on or after August 1, 2026. The income tax rate reductions authorized in the FY 2026-27 appropriat...
Portland has amended its Arts Tax to provide tax relief and enhance the sustainability of the Arts Access Fund.The tax is increased from $35 to $50 on each resident of Portland who is at least 18 in t...
Pennsylvania increased household income limits for property tax and rent rebate claims for 2026 by 4.10%. The supplemental rebate household income limit is $33,390. Notice of Annual Household Income ...
Tennessee has announced that the annual sales tax holiday will take place July 31, 2026, through August 2, 2026. During the holiday weekend, clothing and school supplies priced at $100 or less can be ...
Texas issued a franchise tax private letter ruling to a taxpayer stating that the taxpayer may excluded from total revenue funds it receives from a city and distributes to grant awardees under a law g...
The Utah State Tax Commission has revised a publication providing general sales and use tax information. The publication includes Utah tax law and Tax Commission rules, but it is not all- inclusive. F...
The Virginia Department of Taxation has issued a reminder about the upcoming annual state sales tax holiday that runs from August 7 through August 9, 2026. During this period, consumers can buy a numb...
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