Eleventh Circuit Finds ARPA Tax Mandate Unconstitutional, Upholds Permanent Injunction Against Enforcement
by Denis Del Bene The Eleventh Circuit (the Court), affirming the U.S. District Court for the Northern District of Alabama, …
Minnesota Enacts IRC Conformity Legislation
by Peter G. Pupke On January 12, 2023, Minnesota Governor Walz approved a bill that conforms the state taxes that reference …
Idaho Sets Indexed Personal Income Tax Rate Brackets for Tax Year 2022
by Jennifer J. Troyer The Idaho State Tax Commission (Commission) has issued the inflation-adjusted personal income tax rate bracket schedule …
New Jersey Adopts Federal Partnership Tax Audit Regime and Ends COVID-related Tax Extensions
by Peter G. Pupke December 22, 2022, New Jersey Governor Murphy approved a bill that conforms the state with the …
Illinois Governor Signs Bill Enacting REV Illinois Act Amendments
by Margaret Eisler On December 21, 2022, Illinois Governor JB Pritzker signed HB5189, enacting amendments to the Reimagining Electric Vehicles in Illinois …
Kentucky Supreme Court Affirms Educational Opportunity Credit is Unconstitutional
by Teresa Callahan The Kentucky Supreme Court affirmed the lower court’s determination that the Educational Opportunity Account (EOA) credit is …
Illinois Legislature amends REV Illinois Act; Makes Other Tax Changes
by Margaret Eisler The Illinois Legislature has adopted changes to the Reimagining Electric Vehicles in Illinois Act (REV Illinois Act), including …
Michigan Explains New Partnership Reporting Requirements
by Peter G. Pupke The Michigan Department of Treasury has issued guidance on 2022 legislation that enacted new partnership reporting …
New Yorks’s Proposed Corporate Tax Reform Regulations: Selected Topics, Part 1 – Separate Accounting Elections.
By: Nicholas Montorio and Samantha Dragotto The New York Department of Taxation and Finance (the Department) is expected to soon …
Maine 2023 Individual Income Tax Rate Schedules, Personal Exemption, Standard Deduction Released
by Jennifer J. Troyer Maine Revenue Services released the individual income tax rate schedules and personal exemption and standard deduction …