Applications for Mississippi Children’s Promise Act and Mississippi Pregnancy Resource Act Credits for Calendar Year 2023
by Ashleigh M. Paige The Mississippi Department of Revenue has issued a notice regarding the Children’s Promise Act and the …
Lodging Intermediary Platforms: Tips for Parsing Their Sales Tax Duties Across the States
Services such as lodging, passenger transportation, meal delivery, and similar transactions are increasingly offered through online intermediary platforms and apps …
Missouri Announces 2022 Corporation Income Tax Year Changes
The Missouri Department of Revenue has announced corporate income tax year changes, effective for the tax year beginning January 1, …
Missouri Governor Signs Legislation Reducing Income Taxes
Missouri Governor Michael L. Parson has signed legislation that reduces the top rate of individual income tax with the possibility …
State Taxation of Forgiven Student Loans
by Thomson Reuters State & Local Tax Editorial On August 24, 2022, President Biden announced that the U.S. Department of …
Ohio Sets Interest Rates for 2023
by Raquel M. Mazarin Each year, the Ohio Tax Commissioner must certify the interest rate that will apply to overdue …
New Jersey Adopts Combined Return Regulations
by David Engel Effective September 19, 2022, the New Jersey Division of Taxation has adopted new regulations in connection with …
Oklahoma Adopts and Amends Regulations Affecting Various Tax Types
by Rebecca Helmes The Oklahoma Tax Commission (OTC) published various new and amended regulations, effective September 11, 2022, that implement …
Idaho Lowers Income Tax Rates, Creates Rebate
by Jennifer J. Troyer, Esq. On September 1, 2022, Idaho Governor Brad Little signed legislation lowering the corporate and personal …
The Federal Inflation Reduction Act (P.L. 117-169) and State Taxes
President Biden signed the Inflation Reduction Act of 2022 (P.L. 117-169) into law on August 16, 2022. The legislation includes …