The following are state tax and business developments I have curated since June 11th, and posted in the LEVERAGE SALT LinkedIn group:
Some of the items may be on the same state/issue/topic, but they are from different sources which may give you a broader perspective to help your company or client.
High Court Will Not Review Pennsylvania NLC Carryover Decision
North Carolina Budget Bill Makes Major Tax Changes, Updates Conformity
Colorado Issues IRC Sec. 965 Repatriation Transition Tax Guidance
North Dakota Remote Seller Thresholds Take Effect With Quill Overturn
Rhode Island Budget Bill Amends Personal Exemptions, Credits
New Jersey Legislature Passes Alternative Surtax and Decoupling Bill
Massachusetts Bill Creates Family and Medical Leave Payroll Tax
Remote Sellers Not Yet Required to Collect Tax From South Dakota Buyers
Corporate Close-Up: Colorado Latest State to Enact Market-Based Sourcing
Pennsylvania Decouples Corporate Income Tax from Federal Bonus Depreciation
New Jersey Enacts Surtax, Combined Reporting, and Decoupling
New York: Draft Proposed Article 9-A Franchise Tax Regulations Issued on Corporations Subject to Tax
New Jersey Appellate Court Affirms that IRC Tax Attribute Reductions May Not be Reversed
Alabama DOR Issues Additional Guidance on IRC Sec. 965 Transition Tax’s Impact on State Tax Returns
Louisiana: New Law Includes Tax Rate Reduction and Various other Changes
Rhode Island: New Law Imposes Tax on Sales of Software as a Service (SaaS)
The above represents 'general curating' of state tax developments into one spot. If you still feel overwhelmed by the volume of state tax developments, please consider my 'custom curating' service. Meaning, clients hire LEVERAGE SALT to daily curate state tax developments relating to a specific industry, state(s), tax type and issue. You can make it as granular as you prefer. This allows you to reduce information overload, and only get the information you need to help your clients or company. This service is provided on a fixed-fee or subscription basis. Contact me at strahle@leveragesalt.com.