A Maryland judge struck down Maryland’s digital advertising tax on Monday October 17th. The tax, enacted over Governor Hogan’s veto was set to raise funds...

Starting in 2023, the State of Arizona Will Implement a 2.5% Flat Tax As a part of the 2021 Arizona state budget, a 2.5% flat...

The non-fungible token (NFT) market is growing fast and state officials are starting to pay attention. From 2020 to 2021, sales of NFTs jumped from $95 million...

More often than not, U.S. states are not in the habit of providing clear guidance on a myriad of tax issues. From what activities trigger...

A Late September Tax Filing Deadline for New Mexico Taxpayers in Federal Disaster Areas On August 4, 2022, the Internal Revenue Service (IRS) updated its May...

Sunday’s passage of the Inflation Reduction Act of 2022 (IRA) by the U.S. Senate clears the way for a swift review of the amended Act by the...

Cryptocurrency — or “virtual currency” as it’s called by the Arizona legislature — is rapidly becoming more accepted and accessible to the general public. Arizona...

The Tax Rate for Arizona Pass-Through Entities is Revised in House Bill 2871 Arizona House Bill 2871 was signed into law on June 28, 2022, revising...

California Is Changing Its Tax on Cannabis On July 1, 2022, the California Department of Tax and Fee Administration (CDTFA) issued a special notice regarding the end...

Midway through 2022, the IRS is providing information related to mileage rate increases, addressing the backlog of tax returns to be processed, and released their...

Cannabis taxation is hot on the heels of legalization. In 2012, voters in Colorado approved a ballot initiative legalizing the recreational use and sale of...

Firstly, how do sales apportionment sourcing rules work? A little background… Sales apportionment sourcing rules are known to be complex and changing along with the...

Flush with cash, many states are generously spending excess funds—here’s how that can benefit you… FIRST OF ALL, WHY IS THIS HAPPENING? Now that they are...

New Mexico issues payment guidance for optional pass-through entity (PTE) tax election.  On March 8, 2022, New Mexico Governor Michelle Lujan Grisham signed House Bill 102 into...

Effective July 1, 2022, Colorado will begin imposing a retail delivery fee on all deliveries by motor vehicle to a location in the state with at least...

New York Adopts Multistate Tax Commission (MTC) Internet Activities Guidance In light of the Multistate Tax Commission’s guidance in August 2021 suggesting how states should tax internet...

SB 113 Lifts Limitations on Use of Tax Credits & Expands Elective Pass-through Entity Tax  On February 9, 2022, Governor Newsom signed SB 113 into law. This...

Washington State Heavy Equipment Rental Tax Effective January 1, 2022 Washington has enacted a Heavy Equipment Rental Tax. The tax is paid by the customer to...

Florida’s legislature ended its session in March by sending Governor DeSantis a budget that includes multiple sales tax impacts. Florida, flushed with cash from federal...

Colorado Simplifies Sales & Use Tax Exemption Forms & Requirements in House Bill 22-1039 On March 30, Governor Jared Polis signed House Bill 22-1039, a...

Legal Ruling 2022-01 Clarifies Assigning Gross Receipts From Sales of Services Legal Ruling 2022-01 was issued on March 25, 2022. In this ruling, the California...

The Texas Supreme Court (the “Court”) issued its ruling in regards to Sirius XM (the “Company”) and the method of apportioning receipts from services to...

Sales and Use Tax & Software as a Service (SaaS) As businesses continue to develop new ways to serve customers, thanks in large part to...