Indiana Governor Signs Omnibus Tax Bill, IRC Conformity Date Advanced
by Chad E. Voss On May 4, 2023, Indiana Governor Eric Holcomb signed an omnibus tax bill that advances the …
Kansas Enacts Apprenticeship Tax Credit
by Chad E. Voss On April 24, 2023, Kansas Governor Laura Kelly signed the Kansas Apprenticeship Act, which creates an …
Mississippi Amends and Expands Cash Contribution Credits
by Ashleigh M. Paige On April 19, 2023, Mississippi Governor Tate Reeves signed legislation amending existing tax credits and providing …
Arkansas Waterways Investment Income Tax Credit Created
Arkansas Governor Sarah Huckabee Sanders has signed legislation providing a credit against income tax for the cost of making capital …
New Mexico Governor Approves Rebates and Certain Tax Cuts
By Peter G. Pupke, Esq. On April 7, 2023, New Mexico Governor Grisham has approved portions of an omnibus tax …
Kentucky Revises Pass-through Entity Tax Treatment and Phases Out Distilled Spirits Tax
by Teresa Callahan Kentucky legislation repeals the pass-through entity tax provisions enacted in L. 2023, H360 (c. 92) and instead …
Meal-Delivery Platforms: Multistate Sales Tax Practice Tips and Advisory Considerations
Determining the sales, use, excise, and other tax (collectively, transaction tax) obligations associated with the sale of a meal has …
Ohio Updates IRC Conformity
by Raquel M. Mazarin On March 15, 2023, Governor Mike DeWine signed legislation incorporating Internal Revenue Code (IRC) changes made …
Montana Adopts Single Sales Factor Apportionment Formula for 2025
by Teresa Callahan Legislation changing Montana’s multi-state corporation income tax apportionment formula to a single sales factor formula beginning in …
Colorado Provides Guidance on ABLE and 529 Accounts
by Tyna Mikulec The Colorado Department of Revenue has provided guidance on personal income tax subtractions and an employer credit …