As a result of recent legislation in New York, pass-through entities that missed the 2022 PTE tax election (due March 15, 2022) will now have until September 15, 2022.
California issued new guidance for sourcing service revenue and retroactively revoked two prior rulings, resulting in potential refunds or tax due for prior years. Find out if this impacts you!
CA court upholds taxpayers’ $12 million assessment for local transfer taxes
If not identified and planned for, corporate acquisitions and restructurings can give rise to a minefield of unexpected state and local tax consequences, as highlighted by this tax decision.
WA rules that sales tax applies to online account access services
How services that are provided via technology platforms are classified for sales tax purposes can be challenging, and the best path may be to seek a private ruling from the state.