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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 - Interest rates decreased for Q2
The interest rate on the underpayment and overpayment of Arizona taxes has been reduced to 6% for the period April 1, 2026, through June 30, 2026. The rate had been set at 7% since January 1, 2025. I...
The interest rate on the underpayment and overpayment of Arizona taxes has been reduced to 6% for the period April 1, 2026, through June 30, 2026. The rate had been set at 7% since January 1, 2025. I...
CA - Guidance issued on changes to USPS postmark policy
The U.S. Postal Service (USPS) recently updated its guidance on what a postmark date represents and the change may affect the timely filing of tax returns and payments.Postmark Date May Be Later Than ...
The U.S. Postal Service (USPS) recently updated its guidance on what a postmark date represents and the change may affect the timely filing of tax returns and payments.Postmark Date May Be Later Than ...
CO - Guidance provided on timely filing and postmarks
The Colorado Department of Revenue issued guidance regarding its acceptance of postmarks as evidence of timely filing of tax documents or payments. The guidance notes that adjustments in U.S. Postal S...
The Colorado Department of Revenue issued guidance regarding its acceptance of postmarks as evidence of timely filing of tax documents or payments. The guidance notes that adjustments in U.S. Postal S...
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 - One-time income tax rebate enacted
A one-time income tax credit has been enacted for individuals who file Georgia individual income tax returns for both the 2024 and 2025 taxable years by the extended due date for the 2025 return. A qu...
A one-time income tax credit has been enacted for individuals who file Georgia individual income tax returns for both the 2024 and 2025 taxable years by the extended due date for the 2025 return. A qu...
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 issued on vehicle leases
Illinois issued guidance that illustrates the sales tax obligations of:vehicle dealerships and leasing companies for original lease transactions; andleasing companies and lessees for sales of vehicles...
Illinois issued guidance that illustrates the sales tax obligations of:vehicle dealerships and leasing companies for original lease transactions; andleasing companies and lessees for sales of vehicles...
IA - Rules related to workforce housing tax incentive program adopted
Iowa announced the adoption of rules related to the Workforce Housing Tax Incentive Program, effective April 22, 2026. The rule-making adopts a new chapter and describes the policies and procedures ap...
Iowa announced the adoption of rules related to the Workforce Housing Tax Incentive Program, effective April 22, 2026. The rule-making adopts a new chapter and describes the policies and procedures ap...
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 - 2026 Q2 interest rates announced
New Mexico has announced that its interest rate on underpaid and overpaid taxes will decrease to 6% for the second quarter of 2026. Penalty & Interest Rates, New Mexico Taxation and Revenue Depar...
New Mexico has announced that its interest rate on underpaid and overpaid taxes will decrease to 6% for the second quarter of 2026. Penalty & Interest Rates, New Mexico Taxation and Revenue Depar...
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 - Temporary credit for business loss carryforward--changing combined groups memorandum amended
The Texas Comptroller has amended the memorandum titled "Temporary Credit for Business Loss Carryforward--Changing Combined Groups," which was originally issued on April 9, 2014. This document was ori...
The Texas Comptroller has amended the memorandum titled "Temporary Credit for Business Loss Carryforward--Changing Combined Groups," which was originally issued on April 9, 2014. This document was ori...
UT - Provisions relating carson smith opportunity scholarship program amended
Enacted Utah legislation amends provisions related to the nonrefundable corporate income and personal income tax credit for donations to the Carson Smith Opportunity Scholarship Program. Specifically,...
Enacted Utah legislation amends provisions related to the nonrefundable corporate income and personal income tax credit for donations to the Carson Smith Opportunity Scholarship Program. Specifically,...
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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