State Tax Headlines

Missouri’s top individual income tax rate may decrease from 5.9% to 5.5% beginning in 2019. State lawmakers approved a bill containing the tax cut. Further…

The Colorado General Assembly has passed legislation that would replace the cost of performance standard with a market-based sourcing standard for purposes of determining the…

Electronic logging devices (ELD) may help support the California use tax exemption for trucks or trailers used in interstate or foreign commerce. ELD records show…

Seattle has enacted an annual $275 employee tax on large employers. The head tax is on full-time employees and full-time equivalent employees. Seattle intends to…

The Minnesota State Legislature has sent an omnibus tax to Gov. Mark Dayton. The legislation would make numerous changes to state corporate and personal income…

Taxpayers that reported repatriated income under IRC Sec. 965 on their 2017 federal return must adjust their 2017 California return. Taxpayers who have already filed…

Utah has plans to expand its machinery and equipment exemption for sales tax if federal law gives states the ability to collect sales taxes from…

A Pennsylvania corporate taxpayer can calculate its 2007 through 2016 net operating loss (NOL) using the greater of: the flat dollar cap; or the percentage…

A new, refundable income tax credit is available for Maryland small businesses that have 14 or fewer employees. The business must employ at least one…

Massachusetts updated its municipal databank to provide information on new local marijuana sales taxes and tax rates. What are the tax rates? All the municipalities…