Tag: state and local tax
Teleworking Employees and the Resulting SALT Effects
Three important state and local tax (SALT) effects that could result from teleworking employees, including…
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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…
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The SALT Implications of the CARES Act
The CARES Act modifications will present a new round of state and federal conformity challenges…
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Massachusetts Postpones Collection of Business Sales & Other Taxes
Massachusetts Governor Charlie Baker's administration announced it was postponing the collection of regular sales tax,…
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State Tax Exposure for Financial Institutions
As a result of federal tax reform and the lowering of federal corporate and individual…
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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…
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2019 Year-End Tax Planning for Individuals
Paying your individual income taxes likely represents one of the largest outlays of the year,…
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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…
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Post-Wayfair: California Enacts Economic Nexus
California has enacted a new law creating an economic nexus threshold for remote sellers and…
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Key Updates for Economic Nexus
Virginia recently adopted economic nexus thresholds for sales and use tax collection purposes, while North…
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