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2025 Tax Year-in-Review 2025 Year-End Tax Planning One Big Beautiful Bill Act (Signed Into Law July 4, 2025)2019 Year-End Tax Planning

IRS Launches New Web Page to Streamline Fraud Reporting and Improve Case Processing (IR 2026-26)
The IRS introduced a new web page designed to streamline and strengthen the reporting of suspected tax fraud, scams, evasion, and related misconduct. The initiative consolidates previously fragmente...

IRS Lists Dirty Dozen Tax Scams for 2026 (IR 2026-30)
The IRS announced its 2026 “Dirty Dozen” list of tax scams warning individuals, businesses and tax professionals about evolving fraud schemes that threaten tax and financial information. The annua...

Treasury Secretary’s Acting IRS Commissioner Role Ends (IR 2026-36)
The Secretary of the Treasury’s service as Acting Commissioner of the Internal Revenue Service ended under the Federal Vacancies Reform Act and the IRS continues operating under existing Treasury ov...

IRS Opens 2026 Tax Filing Season with Enhanced Digital Tools and Faster Refunds (IR 2026-12)
The IRS has announced the opening of the 2026 tax filing season and has begun accepting and processing federal individual income tax returns for the tax year 2025. Additionally, the IRS encouraged tax...

National Taxpayer Advocate Warns of Filing Challenges for 2026 Season (IR 2026-15)
The National Taxpayer Advocate reported, that most individual taxpayers experienced a smooth filing process during the 2025 tax year, but warned that the 2026 filing season may present greater challen...

IRS Offers Tips for Choosing Qualified Tax Return Preparers
IRS has advised individual taxpayers that they remain legally responsible for the accuracy of their federal tax returns, even when using a paid preparer. With most tax documents now issued, the agency...

CA - FTB clarifies when and what forms to file for postponement of deadlines due to disaster
The California Franchise Tax Board has clarified when and what forms to file for the postponement of filing and payment deadlines due to a disaster.Is Form 3872 required when federal and California po...

CO - Guidance on withholding requirements for gambling winnings updated
Colorado updated its guidance on the income tax withholding requirements for gambling winnings. Payers must withhold Colorado income tax at a rate of 4% if winnings are subject to federal tax withhold...

CT - CIGA members must pay portion of their refunded assessments to department
Members insurers of the Connecticut Insurance Guaranty Association (CIGA) are notified that, on or before February 23, 2026, the member insurer must pay a portion of their recently refunded assessment...

DE - Film credit, increase in cigarette and tobacco taxes proposed
Delaware Gov. Matt Meyer delivered a presentation for his fiscal year 2027 budget that includes proposals to increase taxes on cigarettes and other tobacco products and to establish a film tax credit....

DC - District AG opinion affirms nonconformity legislation
The District of Columbia Attorney General issued an opinion on personal and corporate income tax liabilities for tax year 2025. The opinion states that House Joint Resolution 142, disapproving of Emer...

FL - Solid mineral tax rates for 2026 announced
Alaska—Property Tax: Governor Proposes Changes to Liquefied Natural Gas ProjectAlaska Gov. Mike Dunleavy transmitted legislation to the Alaska State Legislature replacing the existing oil and gas pr...

GA - Transportation services tax rates adjusted
Georgia updated its transportation services tax rates for hire ground transport and shared for hire ground transport. For the period of April 1, 2026, through March 31, 2027, the rates are $0.64 per t...

HI - Condo units properly reclassified as non-owner-occupied
Taxpayers' Maui condominium units were properly reclassified as "non-owner-occupied" rather than "apartment" for county real property tax purposes, resulting in a higher tax rate. Prior to the passage...

MA - Individual mandate penalty for 2026 announced
Massachusetts issued guidance on personal income taxes regarding individual mandate penalties for 2026 under the Massachusetts Health Care Reform Act. The penalties apply to adults 18 and older who ar...

MN - Guidance for meat processors updated
Minnesota updated its guidance on sales and use tax for meat processors. The guidance addresses tax obligations for retail sales and meat processing services, clarifies exemptions for materials used i...

MT - Governor petitions state supreme court
Montana Gov. Greg Gianforte has petitioned the Montana Supreme Court to exercise original jurisdiction and provide an expedited ruling on a recent lawsuit challenging the constitutionality of property...

NJ - Petroleum products gross receipt rates unchanged
The New Jersey petroleum products gross receipt tax rates are unchanged for the period April 1 through June 30, 2026. The current rates are:gasoline and LPG: 38.6 cents per gallon;diesel: 42.6 cents p...

NY - Goodwill was investment income triggering mandated s corporation election
The New York Division of Taxation correctly determined that a mandatory S corporation election was triggered in a case involving an acquisition where a large portion of the sale price came from self-c...

NC: Guidance issued on weight-based snuff tax, alternative nicotine products tax, and inventory tax
Guidance is issued regarding recently enacted legislation, effective July 1, 2025, that changed the North Carolina excise tax rate methodology for snuff, imposed a new excise tax on alternative nicoti...

PA - Estimated payment policy clarified
Philadelphia has issued guidance on the business income and receipts tax (BIRT) for tax year 2025. The city clarifies its estimated payment policy following the removal of the $100,000 exclusion, requ...

TX - Federal conformity memorandum revised
Texas has issued a revised version of its December 19, 2025 memorandum regarding changes to the Texas Comptroller's policy regarding franchise tax conformity with the Internal Revenue Code (IRC), effe...

VT - MFTIA and MFTA rates announced for second quarter of 2026
The Vermont motor fuel transportation infrastructure assessment (MFTIA) rate for the second quarter of 2026 (April to June 2026) is $0.0476, and the motor fuel tax assessment (MFTA) rate is $0.134 for...

VA - Tax commissioner required to offer free electronic tax filing program for individuals
The Virginia Tax Commissioner is required to develop and offer a free electronic tax return filing services program directly to Virginia individual income taxpayers. Such program must be available for...

WA - Rule on taxation of motor carriers amended
The Washington Department of Revenue has updated its excise tax rule on motor carriers to reflect recently enacted legislation. As of October 1, 2025, armored car services are subject to retail sales ...

WY - Electronic tax notices authorized
Wyoming has enacted legislation allowing the Department of Revenue to send notices related to sales and use tax electronically if a taxpayer has provided electronic contact information to the Departme...

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