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 …
Clayton Started More Accounting Enforcement Actions Than Gensler at SEC The average number of accounting and auditing enforcement actions initiated per year during Jay Clayton’s tenure as Securities and Exchange …
IRS Obtained Proper Penalty Approval in Easement Case, Court Finds The IRS met the supervisory approval requirements when it assessed penalties against Sand Valley after disallowing the company’s $35.38 million …
IRS Withdraws Rule on Tax Return Disclosures in Connection with Passport Services The IRS will not proceed with a rulemaking that would have authorized the State Department to disclose taxpayer return information …