The Rhode Island Department of Revenue (DOR) adopted regulations implementing modifications to net income for Business Corporation Tax purposes due to decoupling from certain provisions of the federal...
While some support the ballot measure that would lower the state income tax, others worry about the impact it could have on the state budget. The tax cut and a related ballot question aimed at reining...
The Utah Governor signed a law modifying tax provisions. The law includes: 1) making the pass-through entity income tax permanent; 2) expanding the definition of “Utah unrelated business income,” as &...
The Utah Governor signed a law amending provisions relating to trust business. The law includes changing the reference for additions to and subtractions from unadjusted income of a resident or …...
The Colorado Department of Revenue (DOR) revised its corporate income tax guidance for C corporations. The guide details tax obligations for C corporations doing business in Colorado, including filing...
A newly passed income tax on high earners represents a major shift in Washington’s tax structure and raises concerns that go well beyond projected revenue. A newly passed income tax on high earners re...
The New Jersey Division of Taxation released a bulletin regarding the out-of-state income tax credit for business and non-wage income. This bulletin outlines how to determine which types of income ...
House budget writers tucked a provision in a bill advancing this week that would potentially block benefits worth up to $400 million a year if the ballot question passes in November. Governor Maura He...
OLYMPIA – A new tax on personal income above $1 million a year has officially cleared all legislative hurdles in the state Capitol, marking the most significant shift in state tax policy in nearly 100...
OLYMPIA – A new tax on personal income above $1 million a year has officially cleared all legislative hurdles in the state Capitol, marking the most significant shift in state tax policy in nearly 100...
