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One Big Beautiful Bill Act (Signed Into Law July 4, 2025)2025 Post-Filing Season Update 2024 Post-Election Tax Policy Update

IRS Warns Tax Professionals of Rising Phishing Threats, Urges Vigilance (IR-2025-75)
The IRS has issued a warning to tax professionals regarding a rise in phishing emails and cyber threats aimed at stealing sensitive taxpayer data. This alert has been released as part of the second in...

IRS, Security Summit Starts Summer Series To Fight Tax-Related Identity Theft Threats (IR-2025-73)
The IRS and Security Summit partners launched the summer Protect Your Clients; Protect Yourself campaign on July 1, alongside the Nationwide Tax Forum. The five-week campaign provides biweekly ti...

IRS Issues Tips to Help Individuals Identify Scams
The IRS has issued updated guidance to help individuals recognize legitimate communication from the agency and avoid falling victim to scams. As reports of fraud through emails, texts, social media an...

IRS Provides Indexing Adjustments for Applicable Dollar Amounts (Rev. Proc. 2025-26)
The IRS has issued indexing adjustments for the applicable dollar amounts under Code Sec. 4980H(c)(1) and (b)(1), which are used to determine the employer shared responsibility payments (ESRP). Thi...

AZ - School tax credit guidance revised
Arizona updated its guidance on personal income tax credits for contributions to schools. The ruling details five credits available to individual taxpayers, including contributions or fees paid to sup...

CA - Interest rates unchanged for first half of 2026
The adjusted interest rates for underpayments and overpayments of California personal income tax and corporate franchise and income tax for the first half of 2026 will remain unchanged from the rates ...

CO - Electric bicycle credit guidance updated
The Colorado Department of Revenue updated its electric bicycle credit guidance to add additional information relating to registration, new qualified electric bicycles, report due dates, reporting ret...

FL - Guidance provided on repeal of tax on commercial rentals
Legislation enacted this year and made effective October 1, 2025, repeals the Florida sales tax imposed on rent or license fees for the use of real property (commercial rentals).Sales Tax on Commercia...

GA - Historic rehabilitation tax credit rule updated
Georgia has updated the Historic Rehabilitation Tax Credit program rule. The update expands the eligibility criteria, allowing a broader range of historic properties to qualify for the credit. The ame...

HI - Taxpayers entitled to renewable energy technologies credit claimed
The Hawaii Supreme Court held that the 2012 renewable energy technologies income tax credit form (Form N-342) and instructions were inconsistent with the applicable statute, and taxpayers were entitle...

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...

IL - Reminder issued for out-of-state car purchases
Illinois residents that purchase vehicles in another state owe Illinois sales and use tax if they register and primarily use the vehicle in the state. To avoid double taxation, buyers must obtain an e...

IA - Rule related to Iowa tax return preparers adopted
The Iowa Department of Revenue adopted a new rule related to continuing education obligations and other requirements Iowa tax return preparers must maintain. The rule also discusses the penalties impo...

MD - Guidance on MPU certificates issued
The Maryland Comptroller has issued a sales and use tax techical bulletin explaining the purpose, procedure for requesting, and use of multiple points of use certificates. Technical Bulletin No. 54, ...

MA - Definition of registered motor vehicles and trailers expanded
Massachusetts has clarified the scope of what constitutes a registered motor vehicle or trailer for excise tax purposes. Specifically, it adds that vehicles and trailers registered under Chapter 90 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...

NM - Disaster relief extension granted
Taxpayers affected by recent floods in Lincoln County are granted extensions to file their returns for various business taxes in the region. Returns with original deadlines of July 25 and August 25 ca...

NY - Authorizations for additional Erie county taxes extended for two years
Authorizations for Erie County to impose additional local New York sales and use taxes at the rates of 1% and 0.75% are extended until November 30, 2027. Previously, the authorizations were scheduled ...

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...

ND - Local rate changes announced
North Dakota has announced the following local sales and use tax changes effective October 1, 2025: (1) the city of Casselton will increase its maximum tax to $50 per sale; (2) the city of Colfax will...

OH - Reimbursements received under management contracts taxable
The Supreme Court of Ohio affirmed the denial of a commercial-activity tax (CAT) refund request for reimbursements received under management-fee contracts. The court determined that the taxpayer did n...

OR - Tax incentive program extended for brownfields
Oregon extends the property tax incentive program for brownfields by amending the sunset provision from 2027 to 2033. Properties granted tax benefits under the program before the new repeal date will ...

PA - Household income limits for rebate claims increased
Pennsylvania increased household income limits for property tax and rent rebate claims for 2025 by 3.41%. The updated limits and maximum rebates are:$0–$8,550, $1,000 max rebate;$8,551–$16,040, $7...

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 September 1, 2025: Decatur; Lawrence; Lincoln; Overton; Rutherford; and Wayne...

TX - Temporary employment services
The Texas Comptroller issued a private letter ruling to a taxpayer stating the taxpayer did not provide exempt temporary employment services because the taxpayer's agreements with clients did not spec...

UT - Publication on tax information for lodging providers revised
The Utah State Tax Commission has revised a publication that provides sales tax information for lodging providers. Publication 56, Utah State Tax Commission, June 2025...

VA - Reminder issued on upcoming sales tax holiday
The Virginia Department of Taxation issued a reminder about the sales tax holiday being held from August 1 through August 3, 2025. During the holiday period, consumers can buy the following qualifying...

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