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 …
Connecticut Extends Filing and Payment Deadlines of Certain Returns The Connecticut Department of Revenue Services (DRS) has announced that it is extending the tax filing and payment deadlines of …
No Substantial Changes to IRS’s 2025 Draft Form 941 The IRS’s 2025 draft version of Form 941, Employer’s Quarterly Federal Tax Return, contains no substantial changes from the current 2024 version. …
Lawmakers Unite Against IRS Plan to Limit Access to Taxpayer Data for Child Support Enforcement In a show of bipartisanship, the House Ways and Means Committee unanimously advanced a bill that would allow child support …
PCAOB Staff Report Recommends Root Cause Analysis to Improve Audit Quality The Public Company Accounting Oversight Board (PCAOB) on April 30, 2024, published a staff report about how a root cause …