AK - Alaska's governor proposes fuel tax relief
Alaska Gov. Mike Dunleavy proposed an amendment to HB 104 for the immediate suspension of the collection of tax on motor and marine fuels, aviation gas, and aviation jet fuel until June 30, 2023. HB 1...
AZ - IRC conformity updated
Arizona has updated its conformity to the Internal Revenue Code (IRC) for income tax purposes. For tax years beginning after 2021, Arizona now conforms to the IRC as amended and in effect on January 1...
DC - Capital gains deduction clarified
The District of Columbia has adopted an emergency act to clarify that the capital gains deduction for investing in a qualified opportunity fund will apply to an individual, estate, or trust. Act 246 (...
FL - IRC conformity legislation sent to governor
The Florida Senate approved and sent to Gov. Ron DeSantis legislation that would modify the IRC conformity tie-date for computing corporate income tax liability. H.B. 7071, as approved by the Florida...
IN - Property tax legislation enacted
Indiana property tax legislation is enacted that, among other provisions:effective January 1, 2023, provides that certain churches and religious societies are not required to file a personal property ...
IA - Economic development legislation enacted
Iowa has enacted legislation amending income tax credits including:extending the authorization of the Iowa Energy Center (IEC) and the IEC Board through the end of 2027 and requires the IEC to support...
MD - Bipartisan tax relief agreement announced
Maryland Gov. Larry Hogan, Senate President Bill Ferguson, and House Speaker Adrienne A. Jones have announced they have reached a bipartisan agreement to provide $1.86 billion in tax relief over five ...
MA - Tiered minimum tax proposed
The Massachusetts legislature is considering 2021 carryover legislation that proposes a tiered minimum corporate excise tax. The minimum tax would increase based on a corporation's total sales in Mass...
MN - No more sales tax June accelerated payments
Minnesota Department of Revenue reminds taxpayers that the June accelerated payment for sales and use tax has ended due to a 2021 law change. The taxpayers must file and pay their June 2022 sales and ...
MS - Rural economic development credit extended
The sunset date for the Mississippi rural economic development credit that may be claimed against corporate and personal income taxes is extended to October 1, 2025. The credit was previously schedule...
MT - Education credit rules amended
Montana adopted amendments to its income tax rules regarding the student scholarship organization credit and the educational improvement program credit. Generally, the amendments reflect changes previ...
NE - Cigarette regulations amended
The Nebraska Department of Revenue has revised several cigarette tax regulations. The revised regulations reflect that "cigarette" has the same meaning as in the sales and use tax provisions. Nonpar...
NJ - Tax relief for hurricane IDA victims extended
Individuals and corporations affected by Hurricane Ida now have until February 15, 2022, to file their New Jersey tax returns and submit payments for any return and/or payment, including estimated pay...
NY - Petition dismissed for lack of jurisdiction
A taxpayer’s petition for revision of a determination of New York State sales and use tax was dismissed as the Division of Tax Appeals (division) lacked subject matter jurisdiction. In this matter, ...
ND - Summary of 2021 legislation released
North Dakota issued a summary containing highlights of corporate and personal income tax legislation enacted in 2021, including laws that:expanded the credits for nonprofit private school contribution...
SD - Exemption for youth and amateur sport coaches
Coaches of youth and amateur sports teams whose gross receipts from coaching total less than $4,000 annually are exempt from South Dakota sales and use taxes. A youth or amateur sport is considered an...
UT - Mobile workforce exemption created
The wages of some nonresident individuals who work in the state for 20 or fewer days will not be subject to Utah income tax, beginning in tax year 2023. To qualify for the tax exemption:the individual...
WY - Local rate changes announced
Wyoming has announced the following local sales and use tax rate changes:Beginning April 1, 2022, the rate in Laramie County increases to 6%.Beginning July 1, 2022, the rate in Johnson County decrease...
