CO - Governor calls for special session
Colorado Gov. Jared Polis has called for a special session of the legislature to convene to discuss providing property tax relief for taxpayers. The special session is scheduled to begin November 17, ...
HI - New pass-through entity tax guidance provided
Hawaii has released new guidance on the pass-through entity (PTE) tax enacted by Act 50 (S.B. 1437), Laws 2023. The new guidance replaces and supersedes Tax Information Release 2023-01, which was publ...
MA - Withholding regulations finalized
Massachusetts finalized amendments to personal income tax regulations that clarify withholding for:income from sports wagering; andlottery winnings of more than $600.830 CMR 62B.2.1, Massachusetts Dep...
MT - Tax simplification beginning in 2024 discussed
Montana has issued guidance discussing 2021 legislation that significantly revised the state's personal income tax, applicable beginning in tax year 2024. The guidance covers a change in the tax compu...
NJ - Banking corporation reporting guidance updated
New Jersey has released updated corporation business tax guidance regarding reporting and returns for banking corporations. The guidance was updated to add a link to the notice posted on the New Jerse...
NC - Omnibus local room occupancy tax bill enacted
North Carolina legislation is enacted that: (1) authorizes a number of municipalities to levy a local room occupancy tax; and (2) amends existing occupancy tax provisions.Authority of Municipalities t...
PA - Philadelphia real estate tax credit program
The Philadelphia Department of Revenue reminds taxpayers that the City Council has opened a special fund to help people who own a home in Philadelphia and now have a higher real estate tax bill. If th...
TX - No tax due reporting guidance
The Texas Comptroller issued guidance regarding recent legislation that prohibited the Texas Comptroller from requiring certain entities to file No Tax Due Reports when the entities have no Texas fran...
VA - Food donation credit guidelines updated
Virginia has updated the food donation tax credit guidelines to reflect 2023 legislation that extended and expanded the credit. In addition to providing a general overview of the credit provisions, th...
WA - Taxation of roll-your-own cigarettes explained
Roll-your-own (RYO) cigarettes are subject to Washington cigarette tax when produced by a commercial cigarette-making machine. Retailers also are liable for sales tax and must report and pay retailing...
WY - Regulations updated
The Wyoming Department of Revenue has updated certain sales and use tax regulations in order to conform to current law. The amended rules include:Ch. 2 Section 2 (Definitions);Ch. 2 Section 3 (Adminis...