Tax Alerts
Tax Briefing(s)
2025 Tax Year-in-Review2025 Year-End Tax PlanningOne Big Beautiful Bill Act (Signed Into Law July 4, 2025)
IRS Outlines Key Steps for 2026 Filing Season Readiness
The IRS has issued guidance urging taxpayers to take several important steps in advance of the 2026 federal tax filing season, which opens on January 26. Individuals are encouraged to create or access...
The IRS has issued guidance urging taxpayers to take several important steps in advance of the 2026 federal tax filing season, which opens on January 26. Individuals are encouraged to create or access...
IRS Confirms Supplemental Military Housing Payments Are Not Taxable (IR 2026-09)
The IRS has confirmed that supplemental housing payments issued to members of the uniformed services in December 2025 are not subject to federal income tax. These payments, classified as “qualified ...
The IRS has confirmed that supplemental housing payments issued to members of the uniformed services in December 2025 are not subject to federal income tax. These payments, classified as “qualified ...
IRS Announces New Digital Form 211 for Whistleblower Submissions (IR 2025-123)
The IRS announced that its Whistleblower Office has launched a new digital Form 211 to make reporting tax noncompliance faster and easier. Further, the electronic option allows individuals to submit i...
The IRS announced that its Whistleblower Office has launched a new digital Form 211 to make reporting tax noncompliance faster and easier. Further, the electronic option allows individuals to submit i...
IRS Highlights Taxpayer Rights Under the Taxpayer Bill of Rights
The IRS has reminded taxpayers about the legal protections afforded by the Taxpayer Bill of Rights. Organized into 10 categories, these rights ensure taxpayers can engage with the IRS confidently and...
The IRS has reminded taxpayers about the legal protections afforded by the Taxpayer Bill of Rights. Organized into 10 categories, these rights ensure taxpayers can engage with the IRS confidently and...
FinCEN Postpones Investment Adviser Rule Until 2028 (FinCEN Final Rule RIN 1506-AB58 and 1506-AB69)
The Financial Crimes Enforcement Network (FinCEN) has amended the Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) Program and Suspicious Activity Report (SAR) Filing Requirements...
The Financial Crimes Enforcement Network (FinCEN) has amended the Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) Program and Suspicious Activity Report (SAR) Filing Requirements...
AL - Columbiana adjusts certain sales and use tax rates
The City of Columbiana has announced that, effective February 1, 2026, it will increase its general sales tax rate, as well as its sales tax rates on admissions to places of amusement and entertainmen...
The City of Columbiana has announced that, effective February 1, 2026, it will increase its general sales tax rate, as well as its sales tax rates on admissions to places of amusement and entertainmen...
AK - Integrated transmission systems legislation enacted
Alaska has enacted legislation creating new energy incentives by extending tax-exempt statutes to independent power producers. An electricity generation facility or electricity storage facility that i...
Alaska has enacted legislation creating new energy incentives by extending tax-exempt statutes to independent power producers. An electricity generation facility or electricity storage facility that i...
AZ - DOR provides information regarding recent form changes
The Arizona Department of Revenue (ADOR) announced the release of its 2025 individual income tax forms, which reflect Arizona’s customary approach of assuming conformity with current federal Interna...
The Arizona Department of Revenue (ADOR) announced the release of its 2025 individual income tax forms, which reflect Arizona’s customary approach of assuming conformity with current federal Interna...
AR - State opts in to federal tax credit scholarship program
Arkansas Governor Sarah Huckabee Sanders has announced that the state will participate in the federal tax credit scholarship program for school choice enacted by the One Big Beautiful Bill Act (OBBBA)...
Arkansas Governor Sarah Huckabee Sanders has announced that the state will participate in the federal tax credit scholarship program for school choice enacted by the One Big Beautiful Bill Act (OBBBA)...
CA - Film tax credit regulations amended
Regulations governing the California Motion Picture Tax Credit 4.0 Program and Soundstage Filming Tax Credit Program have been amended on an emergency basis to further implement Ch. 27 (A.B. 1138), La...
Regulations governing the California Motion Picture Tax Credit 4.0 Program and Soundstage Filming Tax Credit Program have been amended on an emergency basis to further implement Ch. 27 (A.B. 1138), La...
CO - Wage withholding rule amended
Colorado has updated a rule on withholding Colorado income taxes from wages to:renumber the rule to accommodate additional rules on withholding;provide clarification regarding the requirement to withh...
Colorado has updated a rule on withholding Colorado income taxes from wages to:renumber the rule to accommodate additional rules on withholding;provide clarification regarding the requirement to withh...
CT - CIGA members must pay portion of their refunded assessments to department
Members insurers of the Connecticut Insurance Guaranty Association (CIGA) are notified that, on or before February 23, 2026, the member insurer must pay a portion of their recently refunded assessment...
Members insurers of the Connecticut Insurance Guaranty Association (CIGA) are notified that, on or before February 23, 2026, the member insurer must pay a portion of their recently refunded assessment...
DE - Governor proposes film tax credit
Delaware Gov. Matt Meyer's State of the State Speech included a proposal for a film tax credit. State of the State Speech, Delaware Gov. Matt Meyer, January 22, 2026...
Delaware Gov. Matt Meyer's State of the State Speech included a proposal for a film tax credit. State of the State Speech, Delaware Gov. Matt Meyer, January 22, 2026...
DC - District continues to decouple from federal provisions
The District of Columbia has passed temporary legislation to decouple income and franchise tax provisions from federal provisions. The temporary act is the same as emergency legislation passed earlier...
The District of Columbia has passed temporary legislation to decouple income and franchise tax provisions from federal provisions. The temporary act is the same as emergency legislation passed earlier...
FL - 2026 governmental leasehold intangible tax valuation factor table issued
For purposes of calculating the 2026 intangible personal property tax on governmental leaseholds, Florida has issued a valuation factor table. In Florida, all governmental leasehold estates or related...
For purposes of calculating the 2026 intangible personal property tax on governmental leaseholds, Florida has issued a valuation factor table. In Florida, all governmental leasehold estates or related...
GA - 2026 inflation index rate announced for floating homestead exemption
Georgia announced the inflation index rate for the 2026 property tax digest year, establishing the rate at 2.7%. This rate is used for the floating homestead exemption and reflects the annual change i...
Georgia announced the inflation index rate for the 2026 property tax digest year, establishing the rate at 2.7%. This rate is used for the floating homestead exemption and reflects the annual change i...
HI - Personal income tax filing tips issued
The Hawaii Department of Taxation (department) provided information to assist taxpayers in avoiding delays during the tax filing process. Among other things, the department advised the taxpayers to:ga...
The Hawaii Department of Taxation (department) provided information to assist taxpayers in avoiding delays during the tax filing process. Among other things, the department advised the taxpayers to:ga...
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 - Exempt income guidance updated
Illinois updated guidance on income that is exempt from taxation under the U.S. Constitution, federal statutes or treaties, the state Constitution, and state statutes. The publication discusses exempt...
Illinois updated guidance on income that is exempt from taxation under the U.S. Constitution, federal statutes or treaties, the state Constitution, and state statutes. The publication discusses exempt...
IN - February 2026 gasoline use tax rate announced
The Indiana gasoline use tax rate for the month of February 2026 is $0.149 per gallon. Departmental Notice #2, Indiana Department of Revenue, February 2026...
The Indiana gasoline use tax rate for the month of February 2026 is $0.149 per gallon. Departmental Notice #2, Indiana Department of Revenue, February 2026...
IA - Rules related to seed investor tax credit program adopted
Iowa announced the adoption of rules related to the Seed Investor Tax Credit Program, effective February 25, 2026. The rule-making describes the policies and procedures applicable to the program which...
Iowa announced the adoption of rules related to the Seed Investor Tax Credit Program, effective February 25, 2026. The rule-making describes the policies and procedures applicable to the program which...
KS - Motor fuel use tax interest rate unchanged
The interest rate for delinquent Kansas motor fuel use taxes under the international fuel tax agreement (IFTA) remains at 9% from January 1, 2026 to December 31, 2026. Penalty and Interest, Kansas De...
The interest rate for delinquent Kansas motor fuel use taxes under the international fuel tax agreement (IFTA) remains at 9% from January 1, 2026 to December 31, 2026. Penalty and Interest, Kansas De...
KY - Guidance discusses AI software, power washing services, and other topics
Kentucky's biannual sales facts newsletter includes guidance on the penny shortage and rounding rules, the expiration of agriculture exemption license numbers and the renewal process, the taxation of ...
Kentucky's biannual sales facts newsletter includes guidance on the penny shortage and rounding rules, the expiration of agriculture exemption license numbers and the renewal process, the taxation of ...
LA - Penalty for underpayment of estimated taxes to be enforced
The Louisiana Department of Revenue informs taxpayers that with the repeal of the corporate franchise tax, the underpayment of estimated corporation income tax penalty will now be imposed. In the past...
The Louisiana Department of Revenue informs taxpayers that with the repeal of the corporate franchise tax, the underpayment of estimated corporation income tax penalty will now be imposed. In the past...
ME - Bulletin on sales and use for vehicle dealers updated
The Maine Revenue Services has issued an instructional bulletin for vehicle dealers, providing them instructions related to sales and leases of motor vehicles, snowmobiles, all-terrain vehicles (ATVs)...
The Maine Revenue Services has issued an instructional bulletin for vehicle dealers, providing them instructions related to sales and leases of motor vehicles, snowmobiles, all-terrain vehicles (ATVs)...
MD - Guidance issued on capital gains surtax
The Maryland Comptroller has issued guidance regarding the additional 2% capital gains tax on individuals with federal adjusted gross income in excess of $350,000 regardless of filing status, beginnin...
The Maryland Comptroller has issued guidance regarding the additional 2% capital gains tax on individuals with federal adjusted gross income in excess of $350,000 regardless of filing status, beginnin...
MA - Withholding rules for real estate transactions issued
The Massachusetts Department of Revenue has issued detailed guidance addressing filing and withholding obligations applicable to sales or exchanges of Massachusetts real estate with a gross sales pric...
The Massachusetts Department of Revenue has issued detailed guidance addressing filing and withholding obligations applicable to sales or exchanges of Massachusetts real estate with a gross sales pric...
MI - Michigan's tax filing season opens
The Michigan Department of Treasury has announced that the 2026 personal income tax filing season has begun. Individuals may file their returns and make payments online, e-file with tax preparation so...
The Michigan Department of Treasury has announced that the 2026 personal income tax filing season has begun. Individuals may file their returns and make payments online, e-file with tax preparation so...
MN - Faribault County imposes local transit tax
Starting April 1, 2026, Faribault County will impose a new 0.5% transit sales and use tax. The Minnesota Department of Revenue will administer this tax. Local Sales Tax Notice, Minnesota Department o...
Starting April 1, 2026, Faribault County will impose a new 0.5% transit sales and use tax. The Minnesota Department of Revenue will administer this tax. Local Sales Tax Notice, Minnesota Department o...
MS - Updated fair market values for cannabis excise tax
Effective January 1, 2026, the fair market value of cannabis flower and trim is as follows for purposes of the Mississippi cannabis excise tax: (1) cannabis flower sold to common interest establishmen...
Effective January 1, 2026, the fair market value of cannabis flower and trim is as follows for purposes of the Mississippi cannabis excise tax: (1) cannabis flower sold to common interest establishmen...
MO - Interest rate on refunds unchanged for second quarter of 2026
The interest rates on all qualifying Missouri tax refunds remain at 3.2% for the period from April 1 through June 30, 2026. Statutory Interest Rates, Missouri Department of Revenue, January 2026...
The interest rates on all qualifying Missouri tax refunds remain at 3.2% for the period from April 1 through June 30, 2026. Statutory Interest Rates, Missouri Department of Revenue, January 2026...
MT - Governor sends reminder about property tax relief options
Montana Gov. Greg Gianforte reminded Montana homeowners that they can now apply for the 2026 Homestead Reduced Rate. Beginning December 1, 2025, Montana homeowners became eligible to apply for the Hom...
Montana Gov. Greg Gianforte reminded Montana homeowners that they can now apply for the 2026 Homestead Reduced Rate. Beginning December 1, 2025, Montana homeowners became eligible to apply for the Hom...
NE - Reminder issued on personal property return due date
The Nebraska Department of Revenue has reminded property owners that the personal property return and schedule must be filed by May 1 with the county assessor where the property is located. The return...
The Nebraska Department of Revenue has reminded property owners that the personal property return and schedule must be filed by May 1 with the county assessor where the property is located. The return...
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 - Amnesty application steps outlined
New Hampshire has outlined steps that taxpayers must take to apply for the tax amnesty authorized by the New Hampshire Legislature during the 2025 session.Amnesty runs from December 1, 2025, through F...
New Hampshire has outlined steps that taxpayers must take to apply for the tax amnesty authorized by the New Hampshire Legislature during the 2025 session.Amnesty runs from December 1, 2025, through F...
NJ - Aspire program amended
New Jersey has modified provisions of the New Jersey Aspire Program related to redevelopment project tax credits. The amendments exempt from the requirement to demonstrate a net positive benefit test ...
New Jersey has modified provisions of the New Jersey Aspire Program related to redevelopment project tax credits. The amendments exempt from the requirement to demonstrate a net positive benefit test ...
NM - Hospital equipment council tax exemption denied
The New Mexico Attorney General issued a new opinion addressing property tax exemptions claimed under the hospital equipment loan act (HELA). The attorney general determined that the HELA council does...
The New Mexico Attorney General issued a new opinion addressing property tax exemptions claimed under the hospital equipment loan act (HELA). The attorney general determined that the HELA council does...
NY - Governor announces proposal to establish tax exemption for EV charging stations
In her 2026 State of the State Address, New York Gov. Kathy Hochul has announced a proposal to establish a sales tax exemption for electricity sold at electric vehicle (EV) charging stations. News Re...
In her 2026 State of the State Address, New York Gov. Kathy Hochul has announced a proposal to establish a sales tax exemption for electricity sold at electric vehicle (EV) charging stations. News Re...
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 - No local rate changes for second quarter
North Dakota announced that there are no local sales tax rate changes for April 1, 2026. City and County Local Tax Rate Changes, North Dakota Office of State Tax Commissioner, January 2026...
North Dakota announced that there are no local sales tax rate changes for April 1, 2026. City and County Local Tax Rate Changes, North Dakota Office of State Tax Commissioner, January 2026...
OH - Refund claim denied for failure to provide adequate documentary evidence
The Supreme Court of Ohio found that a commercial activity tax (CAT) taxpayer failed to provide documentary evidence establishing the amount of gross receipts attributable to merchandise transported o...
The Supreme Court of Ohio found that a commercial activity tax (CAT) taxpayer failed to provide documentary evidence establishing the amount of gross receipts attributable to merchandise transported o...
OK - Commission announces start of tax filing season
The Oklahoma Tax Commission has announced that it will open state income tax filing on January 26, 2026. The deadline for submitting returns is April 15, 2026. News Release, Oklahoma Tax Commission, ...
The Oklahoma Tax Commission has announced that it will open state income tax filing on January 26, 2026. The deadline for submitting returns is April 15, 2026. News Release, Oklahoma Tax Commission, ...
OR - Motor fuel, per-mile user charge, and payroll tax changes frozen
The transportation funding package revenue changes enacted at the end of 2025 are frozen following a referral to the November ballot with the recent certification by the Secretary of State of signatur...
The transportation funding package revenue changes enacted at the end of 2025 are frozen following a referral to the November ballot with the recent certification by the Secretary of State of signatur...
PA - Petition to overturn sale denied
The Supreme Court of Pennsylvania upheld an upset tax sale of property Pennsylvania’s Real Estate Tax Sale Law (RETSL). The court decided that the county fully complied with statutory requirements, ...
The Supreme Court of Pennsylvania upheld an upset tax sale of property Pennsylvania’s Real Estate Tax Sale Law (RETSL). The court decided that the county fully complied with statutory requirements, ...
RI - Conveyance tax tier 2 threshold adjusted
The tier 2 threshold amount for Rhode Island real estate conveyance tax has been adjusted for inflation. For 2026, the tier 2 threshold amount is $824,000.In Rhode Island, the real estate conveyance t...
The tier 2 threshold amount for Rhode Island real estate conveyance tax has been adjusted for inflation. For 2026, the tier 2 threshold amount is $824,000.In Rhode Island, the real estate conveyance t...
SC - Guidance issued on admissions tax treatment of advance ticket sales
South Carolina has issued guidance concerning when a place of amusement should remit any collected admissions taxes for advance ticket sale situations, including sales of tickets in advance through se...
South Carolina has issued guidance concerning when a place of amusement should remit any collected admissions taxes for advance ticket sale situations, including sales of tickets in advance through se...
SD - Guidance on taxation of hotels, motels and campgrounds updated
South Dakota updated its guidance on sales and use taxes for hotels, motels, campgrounds, and related establishments. The guidance outlines the application of state sales tax, municipal sales tax, mun...
South Dakota updated its guidance on sales and use taxes for hotels, motels, campgrounds, and related establishments. The guidance outlines the application of state sales tax, municipal sales tax, mun...
TN - Guidance on lease or rental of tangible personal property updated
Tennessee issued an updated version of a previously released sales and use tax notice concerning the lease or rental of tangible personal property. The updated notice states that the Tennessee Works T...
Tennessee issued an updated version of a previously released sales and use tax notice concerning the lease or rental of tangible personal property. The updated notice states that the Tennessee Works T...
TX - November 2025 certification of the average closing price of gas and oil released
The Texas Comptroller of Public Accounts has determined the average taxable price of crude oil for the reporting period November 2025 is $37.58 per barrel for the three-month period beginning on Augus...
The Texas Comptroller of Public Accounts has determined the average taxable price of crude oil for the reporting period November 2025 is $37.58 per barrel for the three-month period beginning on Augus...
UT - Governor’s budget proposal includes expanding the child tax credit
Utah Gov. Spencer J. Cox released his Fiscal Year 2027 budget proposal that includes:expanding the state child tax credit to provide an additional average benefit of $200 to families with children age...
Utah Gov. Spencer J. Cox released his Fiscal Year 2027 budget proposal that includes:expanding the state child tax credit to provide an additional average benefit of $200 to families with children age...
VT - 2026 withholding tables released
Vermont has released its 2026 income tax withholding instructions, tables, and charts. Among other topics, the instructions discuss how Vermont income tax withholding is calculated, adjustments for se...
Vermont has released its 2026 income tax withholding instructions, tables, and charts. Among other topics, the instructions discuss how Vermont income tax withholding is calculated, adjustments for se...
VA - Interest rates unchanged for first quarter of 2026
The Virginia interest rates for the first quarter of 2026 remain at 9% for tax underpayments (assessments) and 9% for tax overpayments (refunds).Taxpayers whose taxable year ends on September 30, 2025...
The Virginia interest rates for the first quarter of 2026 remain at 9% for tax underpayments (assessments) and 9% for tax overpayments (refunds).Taxpayers whose taxable year ends on September 30, 2025...
WA - Rule on medical devices updated
The Washington excise tax rule on medical devices has been updated to reflect that for sales of medical equipment paid by a health insurance provider, retail sales tax need not be stated or collected ...
The Washington excise tax rule on medical devices has been updated to reflect that for sales of medical equipment paid by a health insurance provider, retail sales tax need not be stated or collected ...
WV - Bills propose tax cuts requested by governor
The West Virginia Legislature introduced bills at the request of Gov. Patrick Morrisey proposing to implement his call in the State of the State Address for a personal income tax cut. H.B. 4019 an...
The West Virginia Legislature introduced bills at the request of Gov. Patrick Morrisey proposing to implement his call in the State of the State Address for a personal income tax cut. H.B. 4019 an...
WI - Tax liability estimate correct
The taxpayer had sufficient Wisconsin income that he was required to file a Wisconsin income tax return pursuant to state law. When he failed to do so, the Department was required to estimate his inco...
The taxpayer had sufficient Wisconsin income that he was required to file a Wisconsin income tax return pursuant to state law. When he failed to do so, the Department was required to estimate his inco...
WY - Tax guidance updated for federal facility deliveries, nicotine pouches
In its quarterly newsletter, the Wyoming Department of Revenue noted that it has changed its position regarding the taxability of tangible personal property delivered to federal facilities. It will no...
In its quarterly newsletter, the Wyoming Department of Revenue noted that it has changed its position regarding the taxability of tangible personal property delivered to federal facilities. It will no...
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