State Tax Headlines

When a customer uses a store credit from a return in Washington, the purchase is exempt from Washington sales tax if two conditions are met.…

Texas Gov. Greg Abbott has proposed amending the state’s tax code in order to enact property tax reform. The proposal came in the governor’s State…

New York announced that existing economic nexus provisions became effective June 21, 2018, as a result of the U.S. Supreme Court’s decision in South Dakota v.…

In his 2019 State of the State address, New Jersey Gov. Phil Murphy proposed a reform of the state’s corporate income tax incentives programs. New…

Legislation was introduced in Indiana to eliminate income tax addbacks for federal bonus depreciation and portions of the asset expense deduction. The changes would apply…

Gov. Gavin Newsom has proposed in his 2019-20 “California for All” state budget: – an increase in the earned income tax credit; – the expansion…

Illinois finalized rules for its Invest In Kids income tax credit program. Businesses and individuals who qualify can apply the credit against Illinois: corporate income…

Pennsylvania clarifies that hedging transaction receipts are excluded from corporate apportionment fraction. The exclusion applies to the numerator and denominator of the taxpayer’s fraction. What…

Nebraska Governor Pete Ricketts gave his state of the state address and outlined several proposals for property tax and income tax relief. Property Tax Relief…

Out-of-state retailers who have annual sales of $500,000 or more in sales to Texas residents will soon be required to collect and remit Texas sales…