IRS Unveils Draft Form 1040Taxpayers will be able to file federal income taxes starting next filing season on a new postcard-sized Form 1040. The IRS officially released the draft 2018 Form 1040 on June 29.Draft Form 1040The ne...
IRS Highlights “Security Six” SafeguardsThe IRS, along with Security Summit partners, offered important tips dubbed "Security Six"protections to help tax professionals protect their computers and email as well as safeguard sensitive ta...
AR - Tax quarterly newsletter issuedAn Arkansas Department of Finance and Administration (DFA) newsletter discusses changes in the Sales Tax Act, the Income Tax Rule, and the credit card payment information. Effective July 1, 2018, a ph...
CO - Day care center not entitled for exemptionThe Colorado Court of Appeals (court) affirmed the Board of Assessment Appeals’ (Board) denial of a property tax exemption for a day care center because the center did not charge for its service...
DE - Delaware imposes tax on series LLCsDelaware legislation authorizes the formation of series limited liability companies (LLCs). It also imposes an annual tax on registered Delaware series LLCs beginning August 1, 2019.How Much Is the Ta...
GA - State tax on jet fuel suspended August 1Georgia Gov. Nathan Deal signed an executive order impacting the collection of the state sales and use tax on jet fuel.State Tax on Jet FuelEffective August 1, 2018, the collection of the state’...
HI - 2018 standard mileage rates announcedThe 2018 standard mileage rates for Hawaii income tax deductions for using vehicles for designated purposes are:business—54.5 cents per mile;medical or moving—18 cents per mile; andcharita...
IA - DOR offers wayfair guidanceIowa issued guidance regarding how the U.S. Supreme Court’s decision in South Dakota v. Wayfair, Inc., Docket No. 17-494 affects Iowa and online retailers, remote sellers, and marketplace p...
MD - Maryland issues wayfair guidanceMaryland issued guidance for online sellers after the recent decision in South Dakota v. Wayfair, Inc., U.S. Supreme Court, Dkt. No. 17-494, June 21, 2018. Wayfair struck down the requi...
MS - Various regulations amendedThe Mississippi Department of Revenue has amended several sales and use regulations to provide clarification or to make technical or conforming changes, among other updates.Repealed RegulationsRegulat...
NE - Nexus guidance issued for remote sellersIn light of the U.S. Supreme decision in South Dakota v. Wayfair, the Nebraska Department of Revenue has issued guidance on the collection of sales tax by certain remote sellers.Remote SellersRem...
OK - Additional Q3 local rate changes announcedThe local sales and use tax rate changes below take effect in Oklahoma on October 1, 2018. Other local sales and use tax rate changes taking effect October 1 were previously reported.City Rate Changes...
PA - Nun pro tunc appeal properly dismissedA taxpayer’s request for a nunc pro tunc appeal of Pennsylvania property tax assessment was properly denied because the seller did not rely upon the county’s misclassification of the prope...
TN - Appeal dismissed for lack of jurisdictionFor Tennessee property tax purposes, the Court of Appeals dismissed the taxpayer's lienholders appeal from the trial court’s order for lack of jurisdiction because the trial court's order was no...
UT - Utah enacts economic nexus provisionsEnacted Utah legislation imposes economic nexus and expands certain sales and use tax exemptions.Economic NexusA seller not otherwise obligated to pay or collect and remit sales and use tax is so obli...
WY - Local rate changes announcedLocal Wyoming sales and use tax changes have been amended. Beginning October 1, 2018, Carbon County will decrease its rate from 6% to 5%. The combined lodging and sales tax rate will be 7%. Taxin...
