Thomson Reuters Tax & Accounting News | State and Local Tax

By Saleem A. Shareef California Governor Gavin Newsom has announced that the California Franchise Tax Board (FTB) and the California …

The federal limit on state and local tax deductions, known as the SALT cap, is set to expire for tax …

The Missouri Department of Revenue has announced corporate income tax year changes, effective for the tax year beginning January 1, …

Legislation establishing a constitutional referendum, pending voter approval at a statewide election to be held March 29, 2025, has become …

As previously reported, a tobacco manufacturer seeks U.S. Supreme Court review of an Oregon ruling that its activities were not protected …

By Vidor A. Nosce The Massachusetts Department of Revenue has issued guidance on recent law changes included in the FY …

By Margaret Eisler The Illinois Department of Revenue has announced the counties and municipalities that are imposing a cannabis retailers’ …

By Rita L. Eng On October 29, 2024, Pennsylvania Governor Josh Shapiro signed legislation to provide corporate net income tax …

By Rita L. Eng On October 25, 2024, North Carolina Governor Roy Cooper signed the Disaster Recovery Act of 2024—Part …