Vermont Enacts Omnibus Tax Legislation
By David Engel On May 21, 2025, Governor Phil Scott signed into law omnibus tax legislation that updates Vermont’s conformity …
SALT Provision Buried in House’s “Big Beautiful Bill” Would Curtail State Income Taxation Under P.L. 86-272
A proposed amendment buried under “Other Matters” in the House reconciliation proposal (the “One Big Beautiful Bill”) that advanced to …
House Rules Committee Debates One Big Beautiful Bill
Editor’s note: The House passed the bill the morning of 5/22 by a vote of 215-214. One member voted “present” …
Indiana Omnibus Bill Repeals Property Tax Relief Provisions, Makes Income and Sales Tax Changes
By Jen Coleson On May 6, 2025, Indiana Governor Mike Braun signed an omnibus tax bill repealing key provisions of …
New York Enacts Income Tax Reductions, New Tax Credits, Makes Other Changes
By Jill C. McNally On May 9, 2025, New York Governor Kathy Hochul signed A3009, implementing the state’s fiscal plan for …
Kansas Announces Sales and Use Tax Rate Changes Effective July 1, 2025
By Ashleigh M. Paige Effective July 1, 2025, the combined Kansas state and local sales and use tax rates will …
Arkansas Adopts Market-based Sourcing for Services and Intangibles Receipts, Makes Other Income Tax Changes
By James W. O’Brien Arkansas Governor Sarah Huckabee Sanders has signed legislation revising the law on the apportionment of corporation income …
Indiana Governor Signs Legislation That Conditionally Decreases Personal Income Tax Rate
By Margaret Eisler On April 16, 2025, Indiana Governor Mike Braun signed legislation lowering the state’s individual adjusted gross income …
Alabama Establishes Portable Benefit Accounts for Independent Contractors
By Denis Del Bene Alabama has enacted legislation providing for the establishment of portable benefit accounts for independent contractors and, …
Michigan Issues Guidance on New Research and Development Credit
By Peter G. Pupke The Michigan Department of Treasury has published a notice providing guidance on the new tax credit …