Tag: state and local tax
Year-End Payroll Tax Withholding Exposure & Impact from Remote Employees
As year-end approaches, and many employees continue to work remotely, companies should again assess their…
Read More
State Legislative & Administrative Reactions to the CARES Act
Some CARES Act provisions that states have decoupled from include the increased business interest expense…
Read More
Teleworking Employees and the Resulting SALT Effects
Three important state and local tax (SALT) effects that could result from teleworking employees, including…
Read More
New York Becomes First State to Decouple from Key Business Tax Provisions of the CARES Act
New York became the first state to decouple from particular features of the CARES Act…
Read More
The SALT Implications of the CARES Act
The CARES Act modifications will present a new round of state and federal conformity challenges…
Read More
Massachusetts Postpones Collection of Business Sales & Other Taxes
Massachusetts Governor Charlie Baker's administration announced it was postponing the collection of regular sales tax,…
Read More
State Tax Exposure for Financial Institutions
As a result of federal tax reform and the lowering of federal corporate and individual…
Read More
Remote Sellers Assessed Sales Tax for Pre-Wayfair Periods
In the wake of the U.S. Supreme Court’s 2018 decision in Wayfair, every state that imposes…
Read More
2019 Year-End Tax Planning for Individuals
Paying your individual income taxes likely represents one of the largest outlays of the year,…
Read More
Charitable Contribution Deductions Limited with State Tax Credits
On June 13, 2019, the IRS and Treasury Department issued final regulations under Section 170, limiting federal…
Read More