State & Local

  • February 12, 2024

    Colo. House Panel Rejects Income Tax Cut

    A measure to cut Colorado's flat individual and corporate income tax rate failed to win approval from a House panel Monday, stopping its progress in the General Assembly.

  • February 12, 2024

    Ga. Net Tax Revenue Up 1.7% From Last Fiscal Year, Gov. Says

    Georgia's net tax revenue for July through January totaled $19.12 billion, up 1.7% compared with the same period last fiscal year, Gov. Brian Kemp's office said Monday.

  • February 12, 2024

    Mich. Tax Cut Should Be Permanent, State Appellate Court Told

    A Michigan law enacted in 2015 that lowers the income tax rate when revenue collections exceed a certain threshold provides a permanent reduction, a group of taxpayers told the state appeals court.

  • February 12, 2024

    Ga. Attys Claim Fund Managers Organized Illegal Tax Shelter

    Managers of a fund profited by selling units in a "grossly inflated" tax shelter and then hid a federal criminal investigation into the arrangement from investors, partners in an Athens, Georgia, law firm said in a suit recently transferred to federal court.

  • February 12, 2024

    Md. House Bill Seeks Artificial Intelligence Tax Credit

    Maryland would allow an income tax credit of up to $50 for certain purchases of artificial intelligence tools, under a bill introduced in the House of Delegates.

  • February 12, 2024

    Minn. Bill Would Clarify That Lodging Tax Applies To Fees

    Minnesota would clarify that its local option lodging tax of up to 3% applies to the entire bill paid for lodging as part of legislation introduced Monday in the state House of Representatives.

  • February 12, 2024

    Ind. Seed Lab Property Exempt From Tax, Board Says

    An Indiana laboratory used to test seeds qualifies for a property tax exemption because it is used for scientific purposes and benefits the public, the state Board of Tax Review said.

  • February 12, 2024

    Minn. Bill Seeks Wage Surtax For High Executive Pay

    Minnesota would impose a surtax on a company's total wages paid if the principal executive officer's salary is greater than 50 times the median wage for all other employees under a bill introduced in the state House of Representatives.

  • February 12, 2024

    Calif. General Revenues Through Jan. $6.7B Below Forecasts

    California's general revenue from July through January was $6.7 billion less than estimated in the governor's 2024-25 budget, according to the monthly report by the state controller.

  • February 12, 2024

    Wyo. Gov. Calls For Property Tax Relief

    Wyoming should offer help with rising property taxes and build on tax relief passed in 2023, the governor said in his State of the State address Monday.

  • February 12, 2024

    Court Reporters Deemed Exempt Contractors In Benefits Case

    A New Jersey appellate court on Monday partially undid orders requiring two legal transcription services companies to reimburse the state for unpaid unemployment and disability benefits, ruling that court reporters are exempt independent contractors under state law.

  • February 12, 2024

    Md. Bill Aims To Expand Eligibility For Homestead Tax Credit

    Maryland would expand eligibility for the state's homestead property tax credit to include homeowners' additional residences under a bill introduced in the state House of Delegates.

  • February 12, 2024

    Ind. General Revenue Through Jan. Tops Forecast By $437M

    Indiana's general fund revenue from July through January was $437 million higher than expected, according to a monthly report by the Indiana State Budget Agency.

  • February 12, 2024

    Md. House Bill Seeks Tax On Social Media Revenues

    Maryland would tax social media revenues of large corporations and dedicate most of the revenues to youth mental health under legislation introduced Friday in the state House of Delegates.

  • February 09, 2024

    6th Circ. Says Fed. Court Can't Hear $420K Tax Lien Case

    Federal law prevents an Ohio company from suing county tax assessors in Ohio federal court over whether the company owes more than $420,000 in back property taxes, a Sixth Circuit panel ruled.

  • February 09, 2024

    Iowa House Bill Would Cancel Growth Assessment Limitation

    Iowa would eliminate a limitation used in the calculation of assessments for agricultural and residential properties under a bill introduced in the state House of Representatives. 

  • February 09, 2024

    Iowa House Bill Would Alter Imposition Of Electric Fuel Excise

    Iowa would impose its excise tax on electric fuel only on electric fuel dispensed for a fee under a bill introduced in the state House of Representatives.

  • February 09, 2024

    Md. House Bill Seeks Corp. Income Tax Rate Cut

    Maryland would cut its corporate income tax rate by nearly one-fourth over a four-year period under legislation introduced Friday in the House of Delegates.

  • February 09, 2024

    Calif. Tax Appeals Office Puts Own Powers Under Microscope

    California's Office of Tax Appeals has asked the state's attorney general to find that the office lacks the power to invalidate regulations issued by other state agencies, raising an inquiry that could clarify when taxpayers must take disputes to court.

  • February 09, 2024

    Miss. House Bill Seeks Exemption For Sales To Churches

    Mississippi would exempt sales of property and services to churches from the state's sales tax as part of a bill introduced in the state House of Representatives.

  • February 09, 2024

    The Tax Angle: SALT, Housing Credits, Opportunity Zones

    House Democrats held their two-day legislative issues conference this week, formulating plans to win majority control of the chamber in November so they can shape the policy agenda next year when parts of the GOP's 2017 tax law expire. Here's a peek into a reporter's notebook at a few of the developing tax stories that Democrats discussed at their meeting.

  • February 09, 2024

    Colo. Ballot Law Violates Free Speech, Group Tells 10th Circ.

    Parts of Colorado's state-mandated titles for proposed ballot initiatives to cut taxes are inaccurate and would significantly impair a conservative group's ability to communicate with voters, violating its First Amendment rights, the group told the Tenth Circuit.

  • February 09, 2024

    Conn. House Bill Would End Extra Sales Tax On Meals

    Connecticut would eliminate the state's additional 1% sales and use tax imposed on meals sold by restaurants, caterers and grocery stores under a bill introduced Friday in the state House of Representatives.

  • February 09, 2024

    Iowa Bill Seeks Broader Tax Break For Telecom Co. Equipment

    Iowa would expand a sales tax exemption for the purchase of central office equipment or transmission equipment used by telecommunications service providers under a bill introduced in the state House of Representatives.

  • February 09, 2024

    Mo. General Revenue Through Jan. Drops By $20M

    Missouri's general revenue collections from July through January were $20 million lower than in the same period last fiscal year, the state Office of Administration said in a monthly revenue report.

Expert Analysis

  • Holding These Truths Incontrovertible: SALT In Review

    Author Photo

    RSM's David Brunori offers his thoughts on noteworthy state and local tax news, beginning with "almost irrefutable" observations delivered at a recent tax seminar.

  • LA's High-Value Real Estate Transfer Tax Should Be Scrapped

    Author Photo

    Los Angeles’ recently implemented high-value property transfer tax has chilled the real estate market, is failing to meet revenue expectations and raises significant constitutional concerns, making it a flawed piece of legislation that should be invalidated, says attorney Paul Weinberg.

  • Avoiding Negative Tax Consequences In Loan Modifications

    Author Photo

    Borrowers who may be caught in the dramatic uptick in nonperforming commercial real estate loans should consider strategies to avoid income and capital gains tax that may be triggered by loan modifications, says Aman Badyal at Glaser Weil.

  • Chapter 100 Incentives Can Offer Relief For Mo. Solar Projects

    Author Photo

    Although the Missouri Supreme Court's decision last year in Johnson v. Springfield Solar 1 overturned the state's tax exemption for solar energy systems, solar developers may still be able to use other mechanisms, like Chapter 100 incentives, to offset project costs, say Lizzy McEntire and Anna Kimbrell at Husch Blackwell.

  • Now Is The Time For State And Local Sales Tax Simplification

    Author Photo

    In the five years since the U.S. Supreme Court’s landmark decision in South Dakota v. Wayfair, state and local governments increasingly rely on sales tax, but simple changes are needed to make compliance more manageable for taxpayers, wherever located, without unduly burdening interstate commerce, says Charles Maniace at Sovos.

  • Connecticut Tax Cuts And Missouri Movies: SALT In Review

    Author Photo

    From income tax cuts in Connecticut to film tax credits in Missouri, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.

  • What To Make Of IRS' New Advance Pricing Guidance

    Author Photo

    Recent guidance on the IRS' goals for its advance pricing agreement system provides helpful insight into review and decision-making procedures for advance pricing agreement requests, but it also raises questions about the IRS' objectives, say Richard Slowinski and Stefanie Kavanagh at Alston & Bird.

  • For NY Wind And Solar Projects, Some Tax Assessment Clarity

    Author Photo

    Recent legislation, which moots a challenge to New York’s discounted cash flow method for assessing solar and wind project real property taxes, lifts a cloud of uncertainty and brings new considerations for developers, investors and lenders, say attorneys at Hodgson Russ.

  • The Reciprocal Tax Bill Is A Warning Shot At Pillar 2

    Author Photo

    A bill recently introduced in the House of Representatives to reciprocally tax countries deemed to have imposed discriminatory taxes on U.S. citizens and businesses takes aim at countries implementing the global minimum tax treaty known as Pillar Two, with which the U.S. has not complied, says Alan Cole at the Tax Foundation.

  • Cost To Gov't Means Justices Must Review NC Sales Tax Case

    Author Photo

    The U.S. Supreme Court should review and overrule the North Carolina high court’s decision in Quad Graphics v. North Carolina Department of Revenue — an anticipatory overruling of precedent that expands the state sales tax base and imposes a stealth tax on the federal government, says Richard Pomp at the University of Connecticut Law School.

  • Potential Risks And Benefits Of NY Cannabis Crop Rescue Act

    Author Photo

    Though proposed legislation in New York would help struggling cannabis farmers by allowing them to sell their crops directly to consumers, it poses numerous challenges for retailers and the state’s regulatory framework — and striking the right balance here will be crucial to shaping a sustainable, equitable industry, say Meaghan Feenan and William Wolfe at Harris Beach.

  • La. Franchise Tax, Minn. Home Seizure: SALT In Review

    Author Photo

    From a proposal to phase out Louisiana's corporate franchise tax to the U.S. Supreme Court's ruling that a Minnesota county had no right to sell a woman's home for more than she owed, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.

  • How New York State Budget Will Affect Business Taxpayers

    Author Photo

    The comprehensive state budget legislation recently finalized by New York Gov. Kathy Hochul and the state Legislature did not include some especially concerning tax proposals, but it will subject some state taxpayers to increased tax liability and lengthier appeals, say attorneys at McDermott.

Can't find the article you're looking for? Click here to search the Tax Authority State & Local archive.