State and Local Taxes June 16, 2026
District Court Refuses to Shake Up SALT Cap
If your clients reside in a state where they would qualify for such a workaround, act sooner rather than later.
Taxes February 2, 2024
GOP SALT Bill on Shaky Ground After Getting Over House Rules Hump
Democrats back lifting deductions cap but argue Republican-backed legislation is an election-year gift.
Taxes February 1, 2024
Tax Relief for Fire Victims Clears Major Hurdle with House Vote
The measure was approved 357-70 by the House of Representatives as part of a bipartisan tax deal that included fire victim tax relief.
Taxes February 1, 2024
IRS Says It Won’t Change Decision to Tax Minnesota Rebate Checks
The state’s rebates didn’t fall under the category of general welfare or disaster relief, both of which can be excluded from federal taxes.
Taxes January 16, 2024
Supreme Court Won’t Take Up Washington Capital Gains Tax Challenge
Opponents had argued it was a tax on income, and thus barred by Washington's state constitution.
Taxes January 12, 2024
Chief Tax Writers Working to Broaden Appeal of Tentative $70 Billion Package
Concerns from lawmakers run the gamut about what's in the emerging tax pact—and what's been left out.
Taxes January 11, 2024
Colorado’s TABOR Refunds Won’t Be Taxed By the IRS
According to two elected officials, Coloradans won't have to pay federal income taxes on their state refunds this filing season.
Taxes January 11, 2024
Ohtani’s Contract Prompts California Controller to Ask Congress to Step In on Deferrals
Congress should narrow a loophole that could spare Shohei Ohtani from paying tens of millions in California taxes, Malia Cohen said.
Small Business January 9, 2024
2024 Predictions: Automation and AI Will Augment Tax Compliance Landscape
Several experts share their top tax and technology predictions, and explore how the intersection of automation and artificial intelligence will continue to impact tax compliance, how economic and market factors will affect growth across global business segments, and more.
Taxes December 20, 2023
Understanding Property Tax Bills
When it comes to property tax bills, knowing how to read them can help you determine who you need to pay by when to avoid fines and penalties.
Taxes December 11, 2023
On Event of 250th Anniversary of Boston Tea Party, U.S. Tea Merchants and Small Businesses Find Taxes too Complex
Eight in 10 tea merchants (82%) feel anxiety related to staying on top of their tax obligations. In the U.S., there are more than 900 sales tax rules on tea products.
Accounting November 27, 2023
Xero Partners with Avalara to Add Automated Sales Tax Calculations
The solution brings advanced sales tax workflows and management directly into the Xero platform, allowing advisors and business owners to automate sales tax calculations, reporting and filing.
State and Local Taxes November 15, 2023
New House Speaker Johnson May Be Open to SALT Relief
Some Republicans with votes crucial to Mike Johnson becoming House speaker say they were told he would look into the matter.