Interest Deductibility - Video

On June 21, 2017, overriding a veto by Governor Paul LePage, Maine enacted legislation that will require certain remote sellers that do not have a physical presence in the state to collect and remit sales...

Governor Baker and the Massachusetts Department of Revenue have announced that personal income tax returns and payments due April 15, 2020 are now due July 15, 2020.

On May 3, 2017, Montana enacted legislation revising its Multistate Tax Compact (Compact) provisions, as recommended by the Multistate Tax Commission...

On February 24, 2017, the Multistate Tax Commission adopted amendments to its Model General Allocation and Apportionment Regulations.

On February 7, 2022, the Nassau County Legislature passed a local law extending the period to file an assessment challenge for the 2023/24 tax year from March 1, 2022 to April 30, 2022.

Charles Rettig was sworn in as the 49th Commissioner of the IRS. Prior to his appointment, Mr. Rettig was a tax attorney at the law firm of Hochman, Salkin, Rettig, Toscher & Perez, P.C.

New York City's new pied-à-terre surcharge introduces a "renovation gap" that may unexpectedly impact property owners during major construction projects. Partners Alexandra Wald and Nicholas Kaiser analyze why owners of properties that cannot be legally occupied during renovations may still face the surcharge, and what stakeholders should consider to navigate this complex issue.

NOL Provisions (Video)

On May 24, Oklahoma Gov. Mary Fallin signed legislation authorizing and directing the Oklahoma Tax Commission to administer a tax amnesty program, termed a "Voluntary Disclosure Initiative,"...

Rev. Proc. 2022-38, 2022-45 IRB 1, makes various 2023 inflation adjustments.

The bill is now expected to be released tomorrow.

House Ways and Means Committee Chairman Kevin Brady announced that the House's tax reform bill will be released next week on November 1.

Despite the political controversy swirling around the firing of James Comey and the appointment of a special prosecutor, the White House and Republicans are determined to push forward with tax reform.

The Texas Court of Appeals, Fourth District, recently affirmed a District Court decision which determined that a taxpayer was not entitled to include a payment into an asbestos settlement trust fund...

Texas Gov. Greg Abbott signed legislation June 1, 2017 expanding the definition of qualified employment used to determine eligibility for the state sales and use tax exemption for qualifying data center projects.

In representing a taxpayer interested in purchasing a business, it is important for tax counsel to understand, in simple terms, what each party is seeking to accomplish.

In response to France's Digital Services Tax (DST), the Office of the U.S. Trade Representative (USTR) proposed additional ad valorem duties of up to 100 percent

Last week we wrote in our blog that the House Tax Cuts and Job's Act (TCJA) appeared to override IRS guidance that wind developers relied on to show that they started construction ...

Attorney David C. Tingstad explores the critical role of EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) in determining business valuation within Washington State. This webinar examines how this financial metric serves as a foundational tool for establishing fair market value in business transactions and legal proceedings. Understanding EBITDA's application can significantly impact negotiations, sales, and dispute resolutions involving business worth.