One Tax Reform Hurdle to Watch
As House Republicans ponder whether the Senate’s tax reform blueprint would drive deficits to an untenable level, another potential issue with the …
Michigan Issues Guidance on New Research and Development Credit
By Peter G. Pupke The Michigan Department of Treasury has published a notice providing guidance on the new tax credit …
Former Government Officials Ask SCOTUS to Not Stay Rehiring Injunction
Seventeen former career, appointed, and elected federal and state officials — some of whom served in previous Republican administrations — …
IRS Clarifies Method for Disaster Victims in 9 States to Request Additional Filing Extension (04/07/2025)
The IRS reminded disaster victims in nine states that their 2024 tax filing and payment deadlines are automatically extended until …
Senate Makes a Move Toward Tax Reform
Senate Republicans unveiled their version of a budget resolution to set up tax reform Wednesday afternoon, with significantly different deficit instructions than …
Paul Atkins Moves Closer to Becoming SEC Chair as Senate Panel Advances His Nomination
The Senate Banking Committee on April 3, 2025, voted 13 to 11 to advance the nomination of Paul Atkins to …
Expert Sees Growing Litigation Over Internet Tax Freedom Act as States Mull New Digital Taxes
A state and local tax expert foresees increasing litigation over taxes on internet access and electronic commerce, primarily due to …
Massachusetts Looks to Follow States Limiting P.L. 86-272 Protection for Internet Activities
The Massachusetts Department of Revenue has announced proposed amendments to its corporate income tax nexus regulation that would treat some …
States, Policy Orgs Support Crypto Trader in Fourth Amendment Claim Against IRS
A group of states and nonprofit policy organizations encouraged the Supreme Court to grant cert to a digital asset exchange …
Fraudulent Operator Sentenced to 15.5 Years, Ordered to Pay $434 Million for Fraud, Tax Crimes
Joseph LaForte, an operator of a fraudulent investment scheme in Philadelphia, PA, was sentenced to 15 and a half years in prison …