Louisiana Issues Guidance on Use Tax on Vehicles Registered by New Residents The Louisiana Department of Revenue has issued guidance on the calculation of use tax on vehicles registered by new residents. …
Missouri Announces 2024 Corporate Income Tax Year Changes The Missouri Department of Revenue has announced corporate income tax year changes, effective for the tax year beginning January 1, …
Louisiana Constitutional Referendum Would Amend Numerous Tax Provisions Legislation establishing a constitutional referendum, pending voter approval at a statewide election to be held March 29, 2025, has become …
Connecticut Issues Guidance on Conveyance Tax Credit The Connecticut Department of Revenue Services has provided guidance stipulating that, due to changes made in the 2022 legislative session, …
Missouri Amends Historic Tax Preservation Tax Credit; Property Tax Provisions Missouri Governor Michael L. Parson has signed legislation amending the historic tax preservation tax credit and naming it the Missouri …
Connecticut Extends NOL Carryforwards, Amends Other State and Local Taxes Connecticut Governor Ned Lamont has signed legislation extending to 30 years the net operating loss (NOL) carryforward deduction and modifying …
‘Bitcoin Jesus’ Hopes for Trump Pardon, Denies Fugitive Claim An early Bitcoin adopter facing extradition to the U.S. for criminal tax fraud charges urged President Trump for assistance while …
Know How the OBBBA Will Impact You Long-Term, Tax Pro Advises Jennifer Acuna, principal in KPMG’s Washington National Tax practice, stressed that proactive planning is essential for navigating the complexities of …
Self-Reporting Misconduct Can Be Beneficial for Practitioners, OPR Says Tax practitioners who self-report Circular 230 violations may avoid harsher sanctions and qualify for favorable settlements, the IRS’ Office of …