Home
Tax Alerts
Tax Briefing(s)
2026 Post-Filing Season Update2025 Tax Year-in-Review2025 Year-End Tax PlanningOne Big Beautiful Bill Act (Signed Into Law July 4, 2025)2019 Year-End Tax Planning
IRS Launches Digitally Authenticated Tax Compliance Report (IR 2026-97)
The IRS launched a digitally authenticated Tax Compliance Report available through the IRS Individual Online Account. Taxpayers can obtain and download the report when applying for a job, a loan, a go...
The IRS launched a digitally authenticated Tax Compliance Report available through the IRS Individual Online Account. Taxpayers can obtain and download the report when applying for a job, a loan, a go...
Rates Used in Computing Special Use Value Issued (Rev. Rul. 2026-14)
The 2026 interest rates to be used in computing the special use value of farm real property for which an election is made under Code Sec. 2032A were issued by the IRS.In the ruling, the IRS lists th...
The 2026 interest rates to be used in computing the special use value of farm real property for which an election is made under Code Sec. 2032A were issued by the IRS.In the ruling, the IRS lists th...
IRS Creates New Office to Handle Conservation Easement Cases (IR 2026-95)
The IRS has announced a new Office of Conservation Easements to improve how conservation easement cases are handled and to provide more consistent tax administration. The new office will bring togethe...
The IRS has announced a new Office of Conservation Easements to improve how conservation easement cases are handled and to provide more consistent tax administration. The new office will bring togethe...
IRS Reminds Taxpayers to Protect Client Data With Written Information Security Plan (IR 2026-92)
The IRS and Security Summit partners reminded tax professionals to protect client data with a Written Information Security Plan. Under the Gramm-Leach-Bliley Act, tax and accounting professionals are ...
The IRS and Security Summit partners reminded tax professionals to protect client data with a Written Information Security Plan. Under the Gramm-Leach-Bliley Act, tax and accounting professionals are ...
IRS Warns Taxpayers to Beware of Charitable Donation Scams and Improper Deduction Claims (Tax Tip 2026-58)
The IRS has reminded taxpayers to be careful when making charitable donations because scams can lead to financial loss and incorrect tax deductions. The agency said scammers often create fake charitie...
The IRS has reminded taxpayers to be careful when making charitable donations because scams can lead to financial loss and incorrect tax deductions. The agency said scammers often create fake charitie...
IRS Reminds Taxpayers to Keep Records of Charitable Donations (Tax Tip 2026-57)
The IRS has reminded taxpayers who make charitable donations to keep complete and organized records of their contributions throughout the year. The agency said good records can make filing a tax retur...
The IRS has reminded taxpayers who make charitable donations to keep complete and organized records of their contributions throughout the year. The agency said good records can make filing a tax retur...
IRS Expands Business Tax Account With New Online Features (IR 2026-87)
The IRS has added new features to its Business Tax Account (BTA) to help eligible businesses and organizations manage their federal tax responsibilities online. The agency said users can now view mo...
The IRS has added new features to its Business Tax Account (BTA) to help eligible businesses and organizations manage their federal tax responsibilities online. The agency said users can now view mo...
IRS Highlights Role of Whistleblowers in Tax Administration (IR 2026-84)
The IRS has highlighted the important role of whistleblowers in exposing fraud, reducing the tax gap and strengthening compliance. The National Whistleblower Day, on July 20, commemorates the nationâ€...
The IRS has highlighted the important role of whistleblowers in exposing fraud, reducing the tax gap and strengthening compliance. The National Whistleblower Day, on July 20, commemorates the nationâ€...
IRS Increases Optional Standard Mileage Rate for the Remainder of 2026 (Announcement 2026-11)
The IRS has announced an increase in the optional standard mileage rate for the remainder of 2026. Optional standard mileage rates are used by employees, self-employed individuals, and other taxpayers...
The IRS has announced an increase in the optional standard mileage rate for the remainder of 2026. Optional standard mileage rates are used by employees, self-employed individuals, and other taxpayers...
IRS Updates Premium Tax Credit Table, Required Contribution Percentage (Rev. Proc. 2026-26)
The IRS has updated the applicable percentage table used to calculate an individual’s premium tax credit and required contribution percentage plan years beginning in calendar year 2027. The percenta...
The IRS has updated the applicable percentage table used to calculate an individual’s premium tax credit and required contribution percentage plan years beginning in calendar year 2027. The percenta...
Final Regulations on QDOTs Issued (TD 10050)
Final regulations under Code Sec. 2056A have been adopted, applicable specifically to the estates of decedents that are passing property in a qualified domestic trust (QDOT) to (or for the benefit o...
Final regulations under Code Sec. 2056A have been adopted, applicable specifically to the estates of decedents that are passing property in a qualified domestic trust (QDOT) to (or for the benefit o...
IRS Reminds Businesses About Tax Rules for Seasonal and Part-Time Employees (Tax Tip 2026-53)
The IRS has reminded businesses that seasonal and part-time employees must generally follow the same federal tax withholding, Social Security and Medicare tax rules as full-time employees. The agency ...
The IRS has reminded businesses that seasonal and part-time employees must generally follow the same federal tax withholding, Social Security and Medicare tax rules as full-time employees. The agency ...
IRS Advises Newly Married Couples to Update Tax Information Before Filing Season (Tax Tip 2026-54)
The IRS has advised newly married couples to update their tax information before the next tax filing season. The agency said marriage can change a couple's taxes, so taking a few simple steps now can ...
The IRS has advised newly married couples to update their tax information before the next tax filing season. The agency said marriage can change a couple's taxes, so taking a few simple steps now can ...
IRS Explains Taxpayers’ Right to Challenge IRS Decisions and Be Heard (Tax Tip 2026-51)
The IRS has reminded taxpayers that they have the right to question an IRS decision if they believe it is incorrect. This right is part of the Taxpayer Bill of Rights and helps make sure taxpayers a...
The IRS has reminded taxpayers that they have the right to question an IRS decision if they believe it is incorrect. This right is part of the Taxpayer Bill of Rights and helps make sure taxpayers a...
National Taxpayer Advocate Releases FY 2027 Objectives Report to Congress (IR 2026-79)
The National Taxpayer Advocate has released the Fiscal Year 2027 Objectives Report to Congress, concluding that the IRS generally conducted a successful 2026 filing season despite significant operatio...
The National Taxpayer Advocate has released the Fiscal Year 2027 Objectives Report to Congress, concluding that the IRS generally conducted a successful 2026 filing season despite significant operatio...
CA - Pesticide manufacturer could not use apportionment formula for agricultural businesses
An Arizona-based pesticide design, development, and manufacturing company that earned income in multiple states did not derive more than 50% of its gross business receipts from agricultural business a...
An Arizona-based pesticide design, development, and manufacturing company that earned income in multiple states did not derive more than 50% of its gross business receipts from agricultural business a...
CO - Company's purchases of items for use in marijuana cultivation and manufacturing are exempt from tax
The Colorado Department of Revenue ruled that a company's various purchases of certain items of tangible personal property for use in marijuana cultivation and manufacturing operations are exempt from...
The Colorado Department of Revenue ruled that a company's various purchases of certain items of tangible personal property for use in marijuana cultivation and manufacturing operations are exempt from...
CT - Guidance provided on 2026 legislation that affects conformity to IRC sec. 174 and IRC sec. 174A
Guidance is provided regarding 2026 legislation that modified Connecticut's conformity to IRC Sec. 174 and IRC Sec. 174A. IRC Sec. 174 was substantially amended in 2025 by OBBBA (Federal P.L. 119-121)...
Guidance is provided regarding 2026 legislation that modified Connecticut's conformity to IRC Sec. 174 and IRC Sec. 174A. IRC Sec. 174 was substantially amended in 2025 by OBBBA (Federal P.L. 119-121)...
DE - E911 wireless surcharge increases October 1
Delaware is increasing the emergency 911 system surcharge (E911) on the retail sale of prepaid wireless services from $0.60 to $0.90, effective beginning October 1, 2026. Retailers selling prepaid wir...
Delaware is increasing the emergency 911 system surcharge (E911) on the retail sale of prepaid wireless services from $0.60 to $0.90, effective beginning October 1, 2026. Retailers selling prepaid wir...
DC - Guidance for appealing FMV by recorder issued
The District of Columbia has issued guidance discussing the procedure for appealing determinations of fair market value (FMV) by the recorder of deeds for imposing recordation and/or transfer taxes fo...
The District of Columbia has issued guidance discussing the procedure for appealing determinations of fair market value (FMV) by the recorder of deeds for imposing recordation and/or transfer taxes fo...
FL - Guidance provided on new eFile and pay system for reemployment tax
Guidance is provided on the new eFile and Pay system for reemployment tax. On August 24, 2026, the Florida Department of Revenue transitioned reemployment tax filing and payment services to a new eFil...
Guidance is provided on the new eFile and Pay system for reemployment tax. On August 24, 2026, the Florida Department of Revenue transitioned reemployment tax filing and payment services to a new eFil...
GA - Local Rate chart released for Q4 of 2026
The Georgia Department of Revenue has released a local sales and use tax rate chart for the quarter beginning October 1, 2026. Georgia Sales and Use Tax Rate Chart, Georgia Department of Revenue, Sept...
The Georgia Department of Revenue has released a local sales and use tax rate chart for the quarter beginning October 1, 2026. Georgia Sales and Use Tax Rate Chart, Georgia Department of Revenue, Sept...
HI - Dismissal of declaratory challenge to tax directive vacated
The Hawaii Intermediate Court of Appeals vacated a dismissal of a declaratory judgment action challenging the Department of Taxation's Administrative Directive No. 2021-01, because state law prohibiti...
The Hawaii Intermediate Court of Appeals vacated a dismissal of a declaratory judgment action challenging the Department of Taxation's Administrative Directive No. 2021-01, because state law prohibiti...
MA - Interest rates remain unchanged for the fourth quarter of 2026
The interest rates on the underpayment and overpayment of Massachusetts taxes are unchanged for the period October 1, 2026, through December 31, 2026. The rates have held steady at 6% for overpayments...
The interest rates on the underpayment and overpayment of Massachusetts taxes are unchanged for the period October 1, 2026, through December 31, 2026. The rates have held steady at 6% for overpayments...
MN - Conformity bill bulletin issued
Minnesota issued a legislative bulletin on the Internal Revenue Code (IRC) conformity-related changes enacted in Article 1 of Ch. 128 (H.F. 2438), Laws 2026. Provisions discussed in the bulletin inclu...
Minnesota issued a legislative bulletin on the Internal Revenue Code (IRC) conformity-related changes enacted in Article 1 of Ch. 128 (H.F. 2438), Laws 2026. Provisions discussed in the bulletin inclu...
MT - Shareholder promissory notes were not straight debt
Taxpayers appealed a final decision by the Montana Department of Revenue (Department) denying a deduction for interest paid on shareholder promissory notes (Subject Transactions). The Department concl...
Taxpayers appealed a final decision by the Montana Department of Revenue (Department) denying a deduction for interest paid on shareholder promissory notes (Subject Transactions). The Department concl...
NJ - Net operating loss deduction temporarily capped
New Jersey is temporarily capping the corporate business tax net operating loss deduction at $1 million, for privilege periods ending on or after July 31, 2026 but before July 31, 2030. For privilege ...
New Jersey is temporarily capping the corporate business tax net operating loss deduction at $1 million, for privilege periods ending on or after July 31, 2026 but before July 31, 2030. For privilege ...
NY - Responsible person tax assessment cancelled because division of taxation issued wrong notice
The New York Division of Taxation could not assert responsible person liability by the issuance of a notice and demand for payment of sales tax due rather than a notice of determination. Here, the pet...
The New York Division of Taxation could not assert responsible person liability by the issuance of a notice and demand for payment of sales tax due rather than a notice of determination. Here, the pet...
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...
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 - Philadelphia issues guidance on delivery location
Philadelphia has issued sales and use tax guidance explaining that, starting October 1, 2026, businesses must collect the city’s 2% local sales tax based on where a taxable purchase is delivered rat...
Philadelphia has issued sales and use tax guidance explaining that, starting October 1, 2026, businesses must collect the city’s 2% local sales tax based on where a taxable purchase is delivered rat...
TX - July 2026 certification of the average closing price of gas and oil released
The Texas Comptroller of Public Accounts has determined the average taxable price of crude oil for the reporting period July 2026 is $57.34 per barrel for the three-month period beginning on April 1, ...
The Texas Comptroller of Public Accounts has determined the average taxable price of crude oil for the reporting period July 2026 is $57.34 per barrel for the three-month period beginning on April 1, ...
VT - Updated guidance issued on use tax
Updated guidance is issued regarding the calculation, filing, and payment requirements of use tax. Additional topics discussed include filing and paying the use tax electronically, local option tax, a...
Updated guidance is issued regarding the calculation, filing, and payment requirements of use tax. Additional topics discussed include filing and paying the use tax electronically, local option tax, a...
VA - Reminder issued on upcoming sales tax holiday
The Virginia Department of Taxation has issued a reminder about the upcoming annual state sales tax holiday that runs from August 7 through August 9, 2026. During this period, consumers can buy a numb...
The Virginia Department of Taxation has issued a reminder about the upcoming annual state sales tax holiday that runs from August 7 through August 9, 2026. During this period, consumers can buy a numb...
WA - Business and occupation tax exemption for insurers clarified
The Washington Department of Revenue has clarified the business and occupation (B&O) tax exemption for insurers to reflect that a taxpayer is not exempt only because it receives payment from an in...
The Washington Department of Revenue has clarified the business and occupation (B&O) tax exemption for insurers to reflect that a taxpayer is not exempt only because it receives payment from an in...
WY - Property tax exemption standards rule amended
Wyoming adopted amendments to its rules regarding property tax exemption standards effective August 26, 2026. These amendments implement legislation effective July 1, 2026. This legislation made vario...
Wyoming adopted amendments to its rules regarding property tax exemption standards effective August 26, 2026. These amendments implement legislation effective July 1, 2026. This legislation made vario...
Committed to Helping You Achieve Your Goals
Welcome and thank you for visiting our website. In addition to providing you with a profile of our firm and the services we provide, this website has been designed to become a helpful resource tool for you, our valued clients and visitors. For more than 45 years, our dedication to superior client service has brought us to the Internet as we endeavor to continue to provide the highest quality professional service and guidance.
Our website includes useful resources such as informative articles (in our Newsletters section) and interactive financial calculators (in our Financial Tools section). In addition, there are links to external websites that might be of interest to our clients and visitors (in our Links section).
Please feel free to contact us with any questions or comments you may have - we would love to hear from you. We pride ourselves on being proactive and responsive to our clients' inquiries and suggestions.