The following are state tax and business developments I have curated since July 3rd, 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.
New Jersey Closes Loophole, Increases Multi-Millionaires Rate
Remote Sellers Will Have Wisconsin Tax Duties Beginning October 1
Enacted Louisiana law addresses the timing of expiring corporate income tax provisions
New York: Appellate Court Affirms Tax Appeals Tribunal Ruling Addressing Bank’s Treatment of NOLs
Connecticut: New Guidance Issued on Treatment of GILTI for Corporation Business Tax Purposes
Minnesota DOR Discusses How 2017 Federal Tax Act May Affect Business Tax Returns for Tax Year 2018
Rhode Island DOT Comments on Some State Tax Impacts of the Federal 2017 Tax Act
California Taxpayer Cannot Force Retailer to Seek Sales Tax Refund
Wayfair Decision Does Not Affect Rhode Island Remote Sellers
Alabama DOR Issues Preliminary Guidance on Some State Impacts of the Federal 2017 Tax Act
Delaware: New Law Imposes Annual Tax on State-Registered Series LLCs
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.