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 …
Maryland Comptroller Provides Guidance on 2022 Digital Advertising Gross Revenues Tax Filing Requirements
by Saleem A. Shareef The Maryland Comptroller’s Office has provided guidance on filing the 2022 Digital Advertising Gross Revenues Tax …
Illinois Enacts Changes to Various Credits and Incentives
by Krista A. Cohane On February 3, 2023, Illinois Governor JB Pritzker signed legislation approving the creation of a sustainable …
Kansas Announces Sales and Use Tax Rate Changes Effective April 1, 2023
by Ashleigh M. Paige Effective April 1, 2023, the combined Kansas state and local sales and use tax rates will …
Michigan Updates Information on Income Tax Treatment of Retirement and Pension Benefits for Tax Year 2022
by Peter G. Pupke The Michigan Department of Treasury has issued a release that summarizes the Michigan income tax treatment …
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 …