State and Local Tax News

States and the New Tax Rules

Will States Conform to the New Tax Rules? Many state legislatures are now in session. A major issue that state lawmakers may currently face is whether to conform their state income tax systems to all the changes included in the Tax Cuts and Jobs Act (TCJA). Some states are considering or have adopted legislation to…

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New SALT Deduction Limits Affect Homeowners

How the New Limit on SALT Deductions Affects Homeowners The ability to deduct state and local taxes (SALT) has historically been a valuable tax break for taxpayers who itemize deductions on their federal income tax returns. Unfortunately, the Tax Cuts and Jobs Act (TCJA) limits SALT deductions for 2018 through 2025. Here’s important information that…

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Ohio Municipal Tax Update

Latest Lawsuit Challenges Ohio’s Municipal Tax Income Reform By Kiersten Gaudet, CPA State and Local Tax Services As discussed in a Brady Ware news alert distributed in December 2017, a civil lawsuit was filed on November 16, 2017 by a group of Ohio cities challenging the constitutionality of key municipal income tax reforms contained in…

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States Ensure Fair Share of Revenues

Will the Physical Presence Standard for Sales Tax be Overruled? By Kiersten Gaudet, CPA State and Local Tax Services On Friday, January 12, 2018, the U.S. Supreme Court agreed to hear South Dakota v. Wayfair. This case challenges the physical presence nexus requirement in National Bellas Hess v. Illinois and the subsequent re-affirmation in Quill…

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Notable Changes for Ohio Municipal Tax

By Kiersten Gaudet, CPA, State and Local Tax Services There have been quite a few changes to Ohio’s Municipal Tax over the last few years. With the passage of Municipal Income Tax Reform bill, Substitute House Bill 5 (“Sub. H.B. 5”) in December 2014 and most recently, Amended Substitute House Bill 49 (“Am. Sub. H.B….

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