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IRS Urges Taxpayers to Enroll for IP PIN Ahead of 2025 Filing Season, IR-2024-278
The IRS has encouraged taxpayers to register for an Identity Protection Personal Identification Number (IP PIN) to strengthen their defenses against tax-related identity theft. With the 2025 tax sea...
The IRS has encouraged taxpayers to register for an Identity Protection Personal Identification Number (IP PIN) to strengthen their defenses against tax-related identity theft. With the 2025 tax sea...
IRS Accelerates Work on Employee Retention Credit Claims, IR-2024-263
The IRS has made significant progress on Employee Retention Credit (ERC) claims, with processing underway on about 400,000 claims, worth approximately $10 billion. The IRS is separating eligible claim...
The IRS has made significant progress on Employee Retention Credit (ERC) claims, with processing underway on about 400,000 claims, worth approximately $10 billion. The IRS is separating eligible claim...
IRS Warns Taxpayers About Scams by Offer in Compromise Mills, IR-2024-243
The IRS has issued a warning to taxpayers to be cautious of unscrupulous promoters claiming to offer help in resolving unpaid taxes through the IRS Offer in Compromise (OIC) program. These fraudulent ...
The IRS has issued a warning to taxpayers to be cautious of unscrupulous promoters claiming to offer help in resolving unpaid taxes through the IRS Offer in Compromise (OIC) program. These fraudulent ...
IRS Appeals Secure Messaging Program Office Launches Corporate Group Mailbox Pilot, IR-2024-247
The IRS Independent Office of Appeals (Appeals) today launched a pilot program as part of the IRS’ ongoing transformation efforts to expand online tools and improve user experiences. From September ...
The IRS Independent Office of Appeals (Appeals) today launched a pilot program as part of the IRS’ ongoing transformation efforts to expand online tools and improve user experiences. From September ...
IRS Warns of Charity Scams Following Hurricanes Milton and Helene, IR-2024-269
The IRS has offered some tips to taxpayers about scammers using fake charities to exploit unsuspecting donors in the aftermath of Hurricanes Milton and Helene. Donors can use the Tax-Exempt Organizat...
The IRS has offered some tips to taxpayers about scammers using fake charities to exploit unsuspecting donors in the aftermath of Hurricanes Milton and Helene. Donors can use the Tax-Exempt Organizat...
IRS Provides Safe Harbor for Amounts Paid for Condoms, Notice 2024-71
The IRS has provided a safe harbor under Code Sec. 213(d) for amounts paid for condoms. Because amounts paid for condoms are treated as expenses for medical care, these amounts are deductible if the...
The IRS has provided a safe harbor under Code Sec. 213(d) for amounts paid for condoms. Because amounts paid for condoms are treated as expenses for medical care, these amounts are deductible if the...
AZ - Property tax refund for non-enforcement of public nuisance laws measure approved by the voters
Arizona voters approved Proposition 312, which allows property owners to apply for a property tax refund when a city or locality fails to enforce public safety regulations. The property owner must sub...
Arizona voters approved Proposition 312, which allows property owners to apply for a property tax refund when a city or locality fails to enforce public safety regulations. The property owner must sub...
CA - FTB not prohibited from collecting tax without notice of proposed assessment
The California Franchise Tax Board (FTB) was not prohibited from collecting additional personal income tax based on the taxpayers' amended returns without issuing a notice of proposed assessment (NPA)...
The California Franchise Tax Board (FTB) was not prohibited from collecting additional personal income tax based on the taxpayers' amended returns without issuing a notice of proposed assessment (NPA)...
CO - Voters approve expansion of exemption for veterans with a disability
Colorado voters at the November 5, 2024 general election approved a constitutional amendment to expand eligibility for the property tax exemption for veterans with a disability to include veterans who...
Colorado voters at the November 5, 2024 general election approved a constitutional amendment to expand eligibility for the property tax exemption for veterans with a disability to include veterans who...
FL - Interest rates for first half of 2025 announced
The floating interest rate applicable to taxes administered by the Florida Department of Revenue on underpayments (deficiencies) and late payments for January 1, 2025, through June 30, 2025, is 12%. I...
The floating interest rate applicable to taxes administered by the Florida Department of Revenue on underpayments (deficiencies) and late payments for January 1, 2025, through June 30, 2025, is 12%. I...
GA - Voters approve local option homestead property tax exemption amendment
Georgia voters approved Amendment 1, a Constitutional Amendment that allows a statewide local option homestead exemption from property taxes, while allowing localities to opt out of the exemption. Pr...
Georgia voters approved Amendment 1, a Constitutional Amendment that allows a statewide local option homestead exemption from property taxes, while allowing localities to opt out of the exemption. Pr...
HI - Tax appeal court acted outside its jurisdiction increasing taxpayers' tax liability
The Hawaii Tax Appeal Court acted outside its jurisdiction increasing taxpayers' income tax liability to more than the amount in the Department of Taxation's notice of final assessment. The taxpayers ...
The Hawaii Tax Appeal Court acted outside its jurisdiction increasing taxpayers' income tax liability to more than the amount in the Department of Taxation's notice of final assessment. The taxpayers ...
ID - Disabled veterans are eligible to apply for property tax benefit; deadline is April 15
The Idaho State Tax Commission has issued a release announcing that veterans with disabilities are eligible to have their property tax bill reduced by as much as $1,500 on their Idaho residence and up...
The Idaho State Tax Commission has issued a release announcing that veterans with disabilities are eligible to have their property tax bill reduced by as much as $1,500 on their Idaho residence and up...
IL - Destination of sales to third party distributors was determinative
The destination of products sold by subsidiaries of a combined reporting group to third-distributors was determinative of whether the group's Illinois sales factor had to include those sales. The subs...
The destination of products sold by subsidiaries of a combined reporting group to third-distributors was determinative of whether the group's Illinois sales factor had to include those sales. The subs...
IA - 2025 individual income tax rate announced
The Iowa Department of Revenue announced the 2025 tax year individual income tax rate. Since the enactment of Iowa S.F. 2442 in May, 2024, Iowa law provides for a flat tax rate of 3.8 percent for all ...
The Iowa Department of Revenue announced the 2025 tax year individual income tax rate. Since the enactment of Iowa S.F. 2442 in May, 2024, Iowa law provides for a flat tax rate of 3.8 percent for all ...
MD - Tax court could not decide foreign income exclusion since refund had been made
Despite confusion as to whether Maryland taxpayers may claim the Foreign Earned Income Exclusion on personal income tax returns, the Maryland Tax Court could not decide the issue in this case because ...
Despite confusion as to whether Maryland taxpayers may claim the Foreign Earned Income Exclusion on personal income tax returns, the Maryland Tax Court could not decide the issue in this case because ...
MA - Guidance updated to explain how to submit an amnesty request
Massachusetts has updated previously issued guidance on the state's tax amnesty program to explain how to submit an application for amnesty. The amnesty period began on November 1, 2024, and will end ...
Massachusetts has updated previously issued guidance on the state's tax amnesty program to explain how to submit an application for amnesty. The amnesty period began on November 1, 2024, and will end ...
NV - Exemption for diapers approved by voters
Nevada voters have approved Ballot Question 5, a sales and use tax exemption for child and adult diapers. The exemption is set to take effect January 1, 2025. State Ballot Question No. 5, Nevada Secr...
Nevada voters have approved Ballot Question 5, a sales and use tax exemption for child and adult diapers. The exemption is set to take effect January 1, 2025. State Ballot Question No. 5, Nevada Secr...
NM - Extensions available for flood-affected taxpayers
New Mexico's Taxation and Revenue Department has announced that it will grant filing extensions to taxpayers in Chaves County who have been affected by recent flooding. Taxpayers who live in or own bu...
New Mexico's Taxation and Revenue Department has announced that it will grant filing extensions to taxpayers in Chaves County who have been affected by recent flooding. Taxpayers who live in or own bu...
NY - Issuance of notice and demand was improper
In a New York case involving a petitioner whose husband pleaded guilty following a criminal tax indictment, it was improper for the Department of Taxation and Finance to issue a notice and demand to t...
In a New York case involving a petitioner whose husband pleaded guilty following a criminal tax indictment, it was improper for the Department of Taxation and Finance to issue a notice and demand to t...
NC - Taxpayer’s petition barred by state’s sovereign immunity
A taxpayer’s petition challenging a North Carolina sales and use tax assessment was barred by the doctrine of sovereign immunity because the petition was untimely filed. In this matter, the taxpayer...
A taxpayer’s petition challenging a North Carolina sales and use tax assessment was barred by the doctrine of sovereign immunity because the petition was untimely filed. In this matter, the taxpayer...
ND - Local tax changes announced for upcoming year
North Dakota local tax changes effective from January 1, 2025, have been announced for several cities. The City of Ashley will increase its sales, use, and gross receipts tax to 2%, while Mandan's tax...
North Dakota local tax changes effective from January 1, 2025, have been announced for several cities. The City of Ashley will increase its sales, use, and gross receipts tax to 2%, while Mandan's tax...
OH - 2024 fourth quarter PAT average wholesale prices released
Ohio has released the petroleum activity tax (PAT) statewide average wholesale prices for the fourth quarter of 2024.The average prices per gallon for the third quarter are:$2.365 for unleaded regular...
Ohio has released the petroleum activity tax (PAT) statewide average wholesale prices for the fourth quarter of 2024.The average prices per gallon for the third quarter are:$2.365 for unleaded regular...
OR - Repatriation amount included in sales factor
The Oregon tax court has concluded that deemed dividends arising under Subpart F of IRC Sec. 951 through IRC Sec. 965 must be reincluded in the sales factor for a corporation excise (corporate) taxpay...
The Oregon tax court has concluded that deemed dividends arising under Subpart F of IRC Sec. 951 through IRC Sec. 965 must be reincluded in the sales factor for a corporation excise (corporate) taxpay...
PA - Medical cannabis business deduction clarified
Pennsylvania has clarified the corporate income tax deduction for ordinary and necessary business expenses allowed to medical cannabis businesses. The deduction now specifically includes an entity tha...
Pennsylvania has clarified the corporate income tax deduction for ordinary and necessary business expenses allowed to medical cannabis businesses. The deduction now specifically includes an entity tha...
TN - Taxpayer's purchase of streetlights and related equipment on behalf of public utility was exempt
A taxpayer’s purchase and installation of streetlights, photocells, smart nodes, and poles on behalf of public power authorities was not subject to Tennessee sales and use tax.Component Part of Elec...
A taxpayer’s purchase and installation of streetlights, photocells, smart nodes, and poles on behalf of public power authorities was not subject to Tennessee sales and use tax.Component Part of Elec...
TX - September 2024 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 September 2024 is $48.45 per barrel for the three-month period beginning on June...
The Texas Comptroller of Public Accounts has determined the average taxable price of crude oil for the reporting period September 2024 is $48.45 per barrel for the three-month period beginning on June...
UT - Local tax rate changes announced
Utah announced the following local sales and use tax rate changes, effective January 1, 2025.County Option TaxThe following counties impose a county option sales and use tax at the rate of 0.3%:Box El...
Utah announced the following local sales and use tax rate changes, effective January 1, 2025.County Option TaxThe following counties impose a county option sales and use tax at the rate of 0.3%:Box El...
VA - Hotel property assessments upheld for failure to overcome presumption of correctness
For Virginia property tax purposes, the dismissal of the taxpayer’s challenge to the county’s assessments for 2018-2020 because the taxpayer failed to rebut the assessments’ presumptive correctn...
For Virginia property tax purposes, the dismissal of the taxpayer’s challenge to the county’s assessments for 2018-2020 because the taxpayer failed to rebut the assessments’ presumptive correctn...
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