Massachusetts modifies the brownfields credit and the community investment income tax credits.  Legislation changes the sunset dates and annual statewide caps for these credits available…

Chicago customers lost a challenge to the Chicago 9% amusement tax on Internet streaming services. A Cook County court held that the amusement tax did…

Louisiana enacted legislation addressing taxes paid to another state, as well as individual tax credits, including the EITC. The legislation: adds new and extends existing…

Hawaii’s Internal Revenue Code (IRC) tie-in date moves to February 9, 2018, for tax years beginning after 2017. The prior IRC conformity date was December…

Hawaii enacted sales thresholds which, if met, will subject businesses general excise tax. The thresholds create an economic/sales presence test similar to that at issue in…

Connecticut issued guidance on the new changes for the federal bonus depreciation deduction under IRC Sec. 168(k). The changes apply to individuals for tax years…