State Tax Headlines

Legislation updating Internal Revenue Code conformity for South Dakota’s income tax, known as the bank franchise tax, was introduced. The new conformity date would be…

Idaho Gov. Brad Little has proposed to eliminate the sales tax on groceries in 2020. The proposal came in the governor’s State of the State…

Oregon’s Qualified Business Income Reduced Tax Rate can only be claimed on an original return. An original return now includes amended returns filed within the…

North Dakota Gov. Doug Burgum indicated in his State of the State address that: – his budget proposes a 100% personal income tax exemption for…

New York will let taxpayers itemize deductions on income tax returns, differing from federal tax treatment in several areas. The Department of Taxation issued a…

Michigan legislation changes the way banks calculate their tax base for tax years beginning after 2018. The legislation clarifies existing law and reflects departmental policy,…

In 2017, state business taxes increased 2% on average, but corporate income tax revenue collected by states was down by 0.7%, according to a state…

Florida amended a corporate income tax rule to reflect: – the repeal of its alternative minimum tax (AMT); and – changes to the its bonus…

Products sold over the internet into the District of Columbia, called digital goods, are subject to sales and use tax as of January 1, 2019.…

The District of Columbia has passed sales thresholds for sales tax economic nexus in emergency legislation, effective January 1, 2019. A retailer that doesn’t have…