Tax Alerts
Tax Briefing(s)
2026 Post-Filing Season Update2025 Tax Year-in-Review2025 Year-End Tax PlanningOne Big Beautiful Bill Act (Signed Into Law July 4, 2025)
IRS Issues Whistleblower Alert to Address Potential Fraud (IR 2026-54)
The IRS has issued a Whistleblower Alert highlighting concerns about the misuse, diversion or fraudulent use of federal funds by tax-exempt organizations, individuals and businesses. The IRS encoura...
The IRS has issued a Whistleblower Alert highlighting concerns about the misuse, diversion or fraudulent use of federal funds by tax-exempt organizations, individuals and businesses. The IRS encoura...
Applicable Terminal Charge and SIFL Rates for Determining Value of Noncommercial Flights on Employer-Provided Aircraft Issued (Rev. Rul. 2026-8)
For flights taken during the period from January 1, 2026, through June 30, 2026, the terminal charge is $54.48, and the SIFL rates are: $.2980 per mile for the first 500 miles, $.2272 per mile for 501...
For flights taken during the period from January 1, 2026, through June 30, 2026, the terminal charge is $54.48, and the SIFL rates are: $.2980 per mile for the first 500 miles, $.2272 per mile for 501...
IRS Releases Excludable or Deductible Foreign Housing Expenses for 2026 (Notice 2026-25)
The IRS has provided the foreign housing expense exclusion/deduction amounts for tax year 2026. Generally, a qualified individual whose entire tax year is within the applicable period is limited to ma...
The IRS has provided the foreign housing expense exclusion/deduction amounts for tax year 2026. Generally, a qualified individual whose entire tax year is within the applicable period is limited to ma...
IRS Reports Over 4 Million Children Enrolled in Trump Accounts Pilot Program (IR 2026-42)
The IRS has announced that more than 4 million children were enrolled in tax-favoured Trump Accounts, with over 1 million qualifying for a $1,000 federal contribution under a pilot program. The enrolm...
The IRS has announced that more than 4 million children were enrolled in tax-favoured Trump Accounts, with over 1 million qualifying for a $1,000 federal contribution under a pilot program. The enrolm...
IRS Expands Business Tax Account Access to Partnerships, Governments and Tax-Exempt Organizations (IR 2026-46)
The IRS expanded access to its Business Tax Account platform to partnerships, government entities and tax-exempt organizations. The expansion improved digital service and reduced administrative burden...
The IRS expanded access to its Business Tax Account platform to partnerships, government entities and tax-exempt organizations. The expansion improved digital service and reduced administrative burden...
IRS Reports Timely Refund Processing and Increased Electronic Filing (IR 2026-43)
The IRS delivered timely refund processing during the tax year at issue. Most refunds were issued within 21 days, and returns were processed without delay. The IRS reported that a majority of individu...
The IRS delivered timely refund processing during the tax year at issue. Most refunds were issued within 21 days, and returns were processed without delay. The IRS reported that a majority of individu...
AL - Organ donation leave tax credit created
Alabama has enacted legislation providing a tax credit to employers who give paid leave to employees who are undergoing a medical procedure to donate all or part of an organ to another individual. The...
Alabama has enacted legislation providing a tax credit to employers who give paid leave to employees who are undergoing a medical procedure to donate all or part of an organ to another individual. The...
AK - Governor proposes changes to liquefied natural gas project
Alaska Gov. Mike Dunleavy transmitted legislation to the Alaska State Legislature replacing the existing oil and gas property tax structure for the Alaska Liquefied Natural Gas Project with an alterna...
Alaska Gov. Mike Dunleavy transmitted legislation to the Alaska State Legislature replacing the existing oil and gas property tax structure for the Alaska Liquefied Natural Gas Project with an alterna...
AZ - Penny rounding rules issued
Arizona has adopted mandatory "Swedish rounding" for certain cash transactions in Arizona. The new rule applies when one-cent coins are not available or are not used by a seller at the point of sale a...
Arizona has adopted mandatory "Swedish rounding" for certain cash transactions in Arizona. The new rule applies when one-cent coins are not available or are not used by a seller at the point of sale a...
AR - Guidance provided on taxability of battery energy storage system equipment
The office of Arkansas' Revenue Legal Counsel has opined that the application of sales and use tax to the purchase of battery energy storage system equipment for a new solar facility is determined on ...
The office of Arkansas' Revenue Legal Counsel has opined that the application of sales and use tax to the purchase of battery energy storage system equipment for a new solar facility is determined on ...
CA - Nonrecognition of gain from sale of storm-damaged property allowed
Owners of commercial property damaged by a storm were entitled to nonrecognition of gain from the sale of the property, the proceeds of which were used to acquire qualified replacement property. The F...
Owners of commercial property damaged by a storm were entitled to nonrecognition of gain from the sale of the property, the proceeds of which were used to acquire qualified replacement property. The F...
CO - Card payment processing company not obligated to collect and remit sales tax
Colorado issued a private letter ruling addressing sales and use tax obligations for a company that provided card payment processing services and fraud protection for international e-commerce merchant...
Colorado issued a private letter ruling addressing sales and use tax obligations for a company that provided card payment processing services and fraud protection for international e-commerce merchant...
CT - 2026 revision announced of required forms for tobacco products manufacturers
Tobacco products manufacturers are notified of the annual revision of the required forms that must be completed and filed with either the Connecticut Department of Revenue Services or the Connecticut ...
Tobacco products manufacturers are notified of the annual revision of the required forms that must be completed and filed with either the Connecticut Department of Revenue Services or the Connecticut ...
DE - Film credit, increase in cigarette and tobacco taxes proposed
Delaware Gov. Matt Meyer delivered a presentation for his fiscal year 2027 budget that includes proposals to increase taxes on cigarettes and other tobacco products and to establish a film tax credit....
Delaware Gov. Matt Meyer delivered a presentation for his fiscal year 2027 budget that includes proposals to increase taxes on cigarettes and other tobacco products and to establish a film tax credit....
DC - District AG opinion affirms nonconformity legislation
The District of Columbia Attorney General issued an opinion on personal and corporate income tax liabilities for tax year 2025. The opinion states that House Joint Resolution 142, disapproving of Emer...
The District of Columbia Attorney General issued an opinion on personal and corporate income tax liabilities for tax year 2025. The opinion states that House Joint Resolution 142, disapproving of Emer...
FL - Solid mineral tax rates for 2026 announced
Alaska—Property Tax: Governor Proposes Changes to Liquefied Natural Gas ProjectAlaska Gov. Mike Dunleavy transmitted legislation to the Alaska State Legislature replacing the existing oil and gas pr...
Alaska—Property Tax: Governor Proposes Changes to Liquefied Natural Gas ProjectAlaska Gov. Mike Dunleavy transmitted legislation to the Alaska State Legislature replacing the existing oil and gas pr...
GA - Transportation services tax rates adjusted
Georgia updated its transportation services tax rates for hire ground transport and shared for hire ground transport. For the period of April 1, 2026, through March 31, 2027, the rates are $0.64 per t...
Georgia updated its transportation services tax rates for hire ground transport and shared for hire ground transport. For the period of April 1, 2026, through March 31, 2027, the rates are $0.64 per t...
HI - Relief available for taxpayers affected by March 2026 kona low weather event
Taxpayers adversely affected by the March 2026 Kona Low weather event occurring throughout Hawaii between March 10 and March 23, 2026, may be eligible for state income tax return filing and payment re...
Taxpayers adversely affected by the March 2026 Kona Low weather event occurring throughout Hawaii between March 10 and March 23, 2026, may be eligible for state income tax return filing and payment re...
ID: Reminder issued on exemption for small sellers
daho residents are reminded about previously enacted legislation that provides a sales and use tax exemption for certain small sellers with annual sales of $5,000 or less. The exemption is effective J...
daho residents are reminded about previously enacted legislation that provides a sales and use tax exemption for certain small sellers with annual sales of $5,000 or less. The exemption is effective J...
IL - Transaction charge applies to certain Chicago hotels beginning May 1
Effective May 1, 2026, a 1.5% transaction charge applies to hotels with 100 or more rooms located in the Chicago Tourism Improvement District (CTID). Hotels can pass the CTID charge on to customers if...
Effective May 1, 2026, a 1.5% transaction charge applies to hotels with 100 or more rooms located in the Chicago Tourism Improvement District (CTID). Hotels can pass the CTID charge on to customers if...
IN - Governor suspends the gasoline use tax for 30 days
Indiana Gov. Mike Braun has signed an executive order that:declares an energy emergency for all state counties;is in effect from April 8, 2026, through May 8, 2026, unless it is terminated or further ...
Indiana Gov. Mike Braun has signed an executive order that:declares an energy emergency for all state counties;is in effect from April 8, 2026, through May 8, 2026, unless it is terminated or further ...
IA - Rules related to endow Iowa tax credits adopted
Iowa announced the adoption of rules related to the Endow Iowa tax credits, effective May 20, 2026. The rule-making adopts a new chapter and describes the policies and procedures applicable to the pro...
Iowa announced the adoption of rules related to the Endow Iowa tax credits, effective May 20, 2026. The rule-making adopts a new chapter and describes the policies and procedures applicable to the pro...
KS - Deductions allowed for contributions to independent contractor benefit plans
Effective for tax years beginning after December 31, 2026, Kansas will allow a subtraction from federal adjusted gross income for contributions during the tax year to voluntary portable benefit plans ...
Effective for tax years beginning after December 31, 2026, Kansas will allow a subtraction from federal adjusted gross income for contributions during the tax year to voluntary portable benefit plans ...
KY - Electronic filing and payment requirements for local taxes enacted
Kentucky enacted legislation that requires development and implementation of a statewide electronic system for filing and paying local occupational license taxes. Local tax districts must adopt or acc...
Kentucky enacted legislation that requires development and implementation of a statewide electronic system for filing and paying local occupational license taxes. Local tax districts must adopt or acc...
LA - Drugs for medicare patients were exempt
In a series of cases, Louisiana’s Fifth Circuit Court of Appeal has ruled that healthcare providers’ purchases of prescription drugs from wholesalers or distributors that were subsequently adminis...
In a series of cases, Louisiana’s Fifth Circuit Court of Appeal has ruled that healthcare providers’ purchases of prescription drugs from wholesalers or distributors that were subsequently adminis...
ME - Real estate withholding tax FAQs updated
Maine Revenue Services has updated real estate withholding tax frequently asked questions on their website. Real estate witholding tax is required to be withheld at the rate of 2.5% of total considera...
Maine Revenue Services has updated real estate withholding tax frequently asked questions on their website. Real estate witholding tax is required to be withheld at the rate of 2.5% of total considera...
MD - Theatrical production credit extended
Maryland's theatrical production credit available against corporate and personal income tax is extended through June 30, 2032. The credit was to expire at the end of 2026. Ch. 18, H.B. 472, Laws 2026,...
Maryland's theatrical production credit available against corporate and personal income tax is extended through June 30, 2032. The credit was to expire at the end of 2026. Ch. 18, H.B. 472, Laws 2026,...
MA - Individual mandate penalty for 2026 announced
Massachusetts issued guidance on personal income taxes regarding individual mandate penalties for 2026 under the Massachusetts Health Care Reform Act. The penalties apply to adults 18 and older who ar...
Massachusetts issued guidance on personal income taxes regarding individual mandate penalties for 2026 under the Massachusetts Health Care Reform Act. The penalties apply to adults 18 and older who ar...
MI - Income tax rate remains 4.25%
The Michigan Department of Treasury has announced that the income tax rate for individuals and fiduciaries will remain 4.25% for the 2026 tax year. The general fund revenue decreased by 1.56% while in...
The Michigan Department of Treasury has announced that the income tax rate for individuals and fiduciaries will remain 4.25% for the 2026 tax year. The general fund revenue decreased by 1.56% while in...
MN - State fair tax guidance updated
Minnesota updated its guidance on sales and use tax requirements for participants at the State Fair. The guidance specifies the sales tax rate for most sales and notes that alcoholic beverage sales ar...
Minnesota updated its guidance on sales and use tax requirements for participants at the State Fair. The guidance specifies the sales tax rate for most sales and notes that alcoholic beverage sales ar...
MS - Extensions for winter storm fern
Mississippi announced extensions for taxpayers impacted by Winter Storm Fern, which took place on January 23, 2026. Impacted taxpayers will have until June 8, 2026 to file and pay individual income ta...
Mississippi announced extensions for taxpayers impacted by Winter Storm Fern, which took place on January 23, 2026. Impacted taxpayers will have until June 8, 2026 to file and pay individual income ta...
MO - Platte County commission and department of revenue not required to impose local tax despite voter approval
The Missouri Court of Appeals affirmed a circuit court’s decision denying the appellants’ petition for a writ of mandamus regarding the implementation of a local children’s services sales tax. T...
The Missouri Court of Appeals affirmed a circuit court’s decision denying the appellants’ petition for a writ of mandamus regarding the implementation of a local children’s services sales tax. T...
MT - Governor petitions state supreme court
Montana Gov. Greg Gianforte has petitioned the Montana Supreme Court to exercise original jurisdiction and provide an expedited ruling on a recent lawsuit challenging the constitutionality of property...
Montana Gov. Greg Gianforte has petitioned the Montana Supreme Court to exercise original jurisdiction and provide an expedited ruling on a recent lawsuit challenging the constitutionality of property...
NE - Achieving a better life program amended
Nebraska may not seek recovery of any amount distributed from an ABLE account of the designated beneficiary upon their death for any amount of medical assistance received by the beneficiary or benefic...
Nebraska may not seek recovery of any amount distributed from an ABLE account of the designated beneficiary upon their death for any amount of medical assistance received by the beneficiary or benefic...
NV - Tax exemption criteria tightened for nonprofit organizations
Nevada's Department of Taxation has revised the criteria for nonprofit organizations to qualify for sales and use tax exemptions, requiring compliance with enhanced standards. In determining whether a...
Nevada's Department of Taxation has revised the criteria for nonprofit organizations to qualify for sales and use tax exemptions, requiring compliance with enhanced standards. In determining whether a...
NH - Department shares tax tips and filing guidance for 2026
The New Hampshire Department of Revenue Administration shared updates and reminders for the 2026 filing season, including information on:form adjustments and updated forms;meals and rentals tax guidan...
The New Hampshire Department of Revenue Administration shared updates and reminders for the 2026 filing season, including information on:form adjustments and updated forms;meals and rentals tax guidan...
NJ - Petroleum products gross receipt rates unchanged
The New Jersey petroleum products gross receipt tax rates are unchanged for the period April 1 through June 30, 2026. The current rates are:gasoline and LPG: 38.6 cents per gallon;diesel: 42.6 cents p...
The New Jersey petroleum products gross receipt tax rates are unchanged for the period April 1 through June 30, 2026. The current rates are:gasoline and LPG: 38.6 cents per gallon;diesel: 42.6 cents p...
NM - Revision of NOL carryforward amount denied when prior years closed
The New Mexico Administrative Hearings Office denied a taxpayer’s protest regarding the New Mexico corporate income tax and net operating loss (NOL) carryforward amounts reported on its amended 2021...
The New Mexico Administrative Hearings Office denied a taxpayer’s protest regarding the New Mexico corporate income tax and net operating loss (NOL) carryforward amounts reported on its amended 2021...
NY - Audit methodology, penalties and personal liability upheld
The New York Division of Taxation properly resorted to an estimated audit methodology to determine the sales and use tax liability for all of the petitioner automotive towing and repair businesses. Th...
The New York Division of Taxation properly resorted to an estimated audit methodology to determine the sales and use tax liability for all of the petitioner automotive towing and repair businesses. Th...
NC: Guidance issued on weight-based snuff tax, alternative nicotine products tax, and inventory tax
Guidance is issued regarding recently enacted legislation, effective July 1, 2025, that changed the North Carolina excise tax rate methodology for snuff, imposed a new excise tax on alternative nicoti...
Guidance is issued regarding recently enacted legislation, effective July 1, 2025, that changed the North Carolina excise tax rate methodology for snuff, imposed a new excise tax on alternative nicoti...
ND - Guidance on sales to or by native Americans updated
North Dakota updated its guidance on sales and use tax for transactions involving Native Americans. The guidance discusses tax exemptions for sales made by Native American retailers on reservations, t...
North Dakota updated its guidance on sales and use tax for transactions involving Native Americans. The guidance discusses tax exemptions for sales made by Native American retailers on reservations, t...
OH - 2026 second quarter PAT average wholesale prices released
Ohio has released the petroleum activity tax (PAT) statewide average wholesale prices for the second quarter of 2026.The average prices per gallon for the second quarter are:$1.774 for unleaded gasoli...
Ohio has released the petroleum activity tax (PAT) statewide average wholesale prices for the second quarter of 2026.The average prices per gallon for the second quarter are:$1.774 for unleaded gasoli...
OK - Taxpayer bill of rights established
A taxpayer bill of rights for Oklahoma property tax purposes has been established and must be included in the notice provided to a taxpayer whose property is subject to a valuation increase. The bill ...
A taxpayer bill of rights for Oklahoma property tax purposes has been established and must be included in the notice provided to a taxpayer whose property is subject to a valuation increase. The bill ...
OR - Phase out calculation must exclude social security benefits and exempt interest
The Oregon Tax Court held that including federally taxable social security benefits and interest from federal debt obligations in formulas used to determine phase-out thresholds for Oregon personal in...
The Oregon Tax Court held that including federally taxable social security benefits and interest from federal debt obligations in formulas used to determine phase-out thresholds for Oregon personal in...
PA - Estimated payment policy clarified
Philadelphia has issued guidance on the business income and receipts tax (BIRT) for tax year 2025. The city clarifies its estimated payment policy following the removal of the $100,000 exclusion, requ...
Philadelphia has issued guidance on the business income and receipts tax (BIRT) for tax year 2025. The city clarifies its estimated payment policy following the removal of the $100,000 exclusion, requ...
RI - Division reminds taxpayers that USPS postmark change could affect filing date
The Rhode Island Division ofTaxation reminds taxpayers that United States Postal Service postmarking is now done when mail is processed, not received. Thus, Rhode island taxpayers should ensure that a...
The Rhode Island Division ofTaxation reminds taxpayers that United States Postal Service postmarking is now done when mail is processed, not received. Thus, Rhode island taxpayers should ensure that a...
SC - State per capita income figure announced
South Carolina announced that the most recently available state per capita income figure is $63,179. The figure is important because various income, sales and use, and property tax incentives require ...
South Carolina announced that the most recently available state per capita income figure is $63,179. The figure is important because various income, sales and use, and property tax incentives require ...
SD - Revised maximum property tax levies for school districts enacted
For South Dakota property taxes payable in 2027, and for each year thereafter, the maximum levy for school district general education funds the limit per $1,000 of taxable valuation is:a total of $4.8...
For South Dakota property taxes payable in 2027, and for each year thereafter, the maximum levy for school district general education funds the limit per $1,000 of taxable valuation is:a total of $4.8...
TN - Exemption for family-owned noncorporate entities modified
Under the Tennessee franchise and excise tax exemption for family-owned noncorporate entities, the definition of "family-owned" has been amended to mean that at least 95% of the voting rights, capital...
Under the Tennessee franchise and excise tax exemption for family-owned noncorporate entities, the definition of "family-owned" has been amended to mean that at least 95% of the voting rights, capital...
TX - Guidance on order of application of tax credits updated
Texas updated its guidance on the order of application of franchise tax credits and credit carryforwards. The revised guidance now addresses the strong families credit and the Subchapter T research an...
Texas updated its guidance on the order of application of franchise tax credits and credit carryforwards. The revised guidance now addresses the strong families credit and the Subchapter T research an...
UT - Eligibility for child tax credit expanded
Beginning on and after January 1, 2026, eligibility for the Utah nonrefundable individual income tax credit for qualifying children is expanded by increasing the thresholds for the income-based phaseo...
Beginning on and after January 1, 2026, eligibility for the Utah nonrefundable individual income tax credit for qualifying children is expanded by increasing the thresholds for the income-based phaseo...
VT - MFTIA and MFTA rates announced for second quarter of 2026
The Vermont motor fuel transportation infrastructure assessment (MFTIA) rate for the second quarter of 2026 (April to June 2026) is $0.0476, and the motor fuel tax assessment (MFTA) rate is $0.134 for...
The Vermont motor fuel transportation infrastructure assessment (MFTIA) rate for the second quarter of 2026 (April to June 2026) is $0.0476, and the motor fuel tax assessment (MFTA) rate is $0.134 for...
VA - Refund claims based on tax rate increases enacted through budget appropriation acts properly denied
The Virginia Tax Commissioner denied taxpayers' requests for refunds of cigarette and other tobacco product taxes paid during specific periods based on tax rate increases enacted in budget appropriati...
The Virginia Tax Commissioner denied taxpayers' requests for refunds of cigarette and other tobacco product taxes paid during specific periods based on tax rate increases enacted in budget appropriati...
WA - School bus operator lacked standing to challenge public utility tax rule
Beginning July 1, 2026, the retail sale of recreational vessels in Washington are subject to an additional 0.5% tax. The tax applies to the selling price plus trade-in property of like kind. Washingto...
Beginning July 1, 2026, the retail sale of recreational vessels in Washington are subject to an additional 0.5% tax. The tax applies to the selling price plus trade-in property of like kind. Washingto...
WV - Extension granted to federal homeland security employees
West Virginia announced that it will follow the automatic 30-day extension granted by the IRS to U.S. Department of Homeland Security (DHS) employees for filing 2025 income tax returns and making tax ...
West Virginia announced that it will follow the automatic 30-day extension granted by the IRS to U.S. Department of Homeland Security (DHS) employees for filing 2025 income tax returns and making tax ...
WI - Carryover period of research income tax credit increased
Wisconsin has enacted legislation to increase the carryover period for unused research and certain business tax credits from 15 to 50 tax years, providing additional time to utilize already-earned cre...
Wisconsin has enacted legislation to increase the carryover period for unused research and certain business tax credits from 15 to 50 tax years, providing additional time to utilize already-earned cre...
WY - Electronic tax notices authorized
Wyoming has enacted legislation allowing the Department of Revenue to send notices related to sales and use tax electronically if a taxpayer has provided electronic contact information to the Departme...
Wyoming has enacted legislation allowing the Department of Revenue to send notices related to sales and use tax electronically if a taxpayer has provided electronic contact information to the Departme...
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