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 …
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 …