California ~ Corporate, Personal Income Taxes: Guidance on Filing Extensions...
CCH Tax Day Report The California Franchise Tax Board (FTB) issued guidance concerning extensions for filing corporation income tax returns for taxable years beginning on or after January 1, 2016....
View Article“Get Transcript” Negligent Disclosure Claims Dismissed; No Waiver of...
CCH Tax Day Report Various individuals’ claims that the IRS disclosed their return information when its “Get Transcript” online application was hacked were dismissed for failure to state a claim. The...
View ArticleAll States ~ Multiple Taxes: Webinar: State Tax Nexus: How to Fight Back...
CCH Tax Day Report Wolters Kluwer is hosting a live two-hour webinar, State Tax Nexus: How to Fight Back Against Aggressive State Efforts to Tax More Transactions, on Thursday, November 10, 2016, at 1...
View ArticleAlabama ~ Sales and Use Tax: Use of Schedule Cs to Compute Tax Due Upheld
CCH Tax Day Report The Alabama Tax Tribunal held that the Department of Revenue correctly used the taxpayers’ income tax Schedule Cs as the best information available to compute the taxpayer’s sales...
View ArticleNew York ~ Sales and Use Tax: Taxes on Adult Entertainment Performances...
CCH Tax Day Report The New York Supreme Court, Appellate Division, held that the “amusement tax” (Tax Law §1105(f)(1)) and the “cabaret tax” (Tax Law §1105(f)(3)) were constitutional on their face and...
View ArticleRhode Island ~ Personal Income Tax: DOT Adopts Federal Filing Deadline
CCH Tax Day Report The Rhode Island Department of Revenue, Division of Taxation (DOT) has announced that it has adopted the federal filing deadline for purposes of reporting the personal income tax...
View ArticleWashington ~ Sales and Use, Business and Occupation Taxes: Online Educational...
CCH Tax Day Report A nonprofit, educational institution was not liable for Washington retail sales tax and retailing business and occupation (B&O) tax on fees it charged for its online educational...
View ArticlePost-Election Tax Briefing Outlines Trump Tax Positions and Legislative...
A special Wolters Kluwer Briefing: Post-Election Tax Policy Update, has been published here and on IntelliConnect. This Tax Briefing outlines the winning candidate’s tax positions as revealed over the...
View ArticleAll States ~ Multiple Taxes: Webinar: State Tax Nexus: How to Fight Back...
CCH Tax Day Report Wolters Kluwer is hosting a live two-hour webinar, State Tax Nexus: How to Fight Back Against Aggressive State Efforts to Tax More Transactions, on Thursday, November 10, 2016, at 1...
View ArticleIllinois ~ Sales and Use Tax: Creditor Entitled to Sales Tax Refund After...
CCH Tax Day Report An Illinois appeals court held that a third-party creditor was entitled to a refund of sales taxes due that were a part of retail credit lines originated for, or purchased from,...
View ArticleMaine ~ Sales and Use Tax: Passed-through Telecommunications Fees Were Taxable
CCH Tax Day Report The Maine Judicial Supreme Court held that a telecommunications carrier’s charges on certain business customers were not exempt from the service provider tax because the charges were...
View ArticleTax Policies of President-Elect Trump Now Front and Center as Congress...
CCH Tax Day Report During the campaign, President-elect Trump made a number of tax reform proposals for individuals and businesses. Some of Trump’s proposals, especially consolidation of the individual...
View ArticlePost-Election Tax Policy Update: Special Tax Briefing Now Available
CCH Tax Day Report Donald J. Trump’s election as the 45th President of the United States on November 8 is expected to bring changes to the tax laws for individuals and businesses. President-elect Trump...
View ArticleCalifornia ~ Personal Income Tax: Proposition 55 Extends Top Rates
CCH Tax Day Report California voters approved a statewide ballot initiative that extends the 10.3%, 11.3%, and 12.3% personal income tax rates for single taxpayers with taxable income over $250,000,...
View ArticleMaine ~ Personal Income Tax: Maine Voters Approve Surcharge
CCH Tax Day Report Maine voters passed a statewide referendum that adds a 3% personal income tax surcharge on Maine taxable income over $200,000, beginning with tax years beginning on or after January...
View ArticleMichigan ~ Sales and Use Tax: Prepaid Fuel Rates Announced
CCH Tax Day Report The Michigan Department of Treasury has announced that for the period of December 1, 2016 through December 31, 2016, the prepaid sales tax rate on gasoline will decrease from 11.6...
View ArticleWays and Means GOP Ready for Tax Reform Under Trump Administration, Chairman...
CCH Tax Day Report House Ways and Means Chairman Kevin Brady, R-Tex., and his Republican colleagues are ready to move forward comprehensive tax reform under the incoming Trump administration, Brady...
View ArticleSpecial Relief Encourages Leave-Based Donation Programs for Victims of...
CCH Tax Day Report The IRS has provided special relief designed to support leave-based donation programs to aid victims of Hurricane Matthew. Under these programs, employees forgo their vacation, sick...
View ArticleEY Panel Weighs In on “Lame-Duck” Session, Likelihood of Comprehensive Tax...
CCH Tax Day Report In providing a 2016 U.S. elections overview during an Ernst & Young (EY) webcast on November 10, EY panelists, including Ray Beeman, Washington counsel, and Nick Giordano, U.S....
View ArticleFlorida ~ Property Tax: Just Value Homestead Exemption Amendments Approved
CCH Tax Day Report Florida voters approved Amendment 5 in the November 8, 2016, general election to change the current property tax exemption that may be granted for property with just value less than...
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