Taxes
Georgia Enacts Significant Procedural Changes to the Film Tax Credit
On August 4, 2020, Governor Kemp signed into law H.B. 1037, which enacts significant procedural changes to the state’s film…
The President’s Executive Order on Payroll Tax Deferment – What You Need to Know
President Trump signed a series of Executive Orders on Saturday, August 8, 2020, that extended new relief to Americans impacted…
Georgia and Arkansas Issue Opposite Sales Tax Rulings for Owner of Electric Car Charging Stations
A taxpayer received opposite rulings from Georgia and Arkansas regarding the applicability of sales tax on charges to customers that…
Tennessee Ruling Concludes that Certain Audio and Visual Services Constitute Taxable Digital Products
A recent Tennessee Revenue Ruling explains the application of the state’s sales tax on digital products to the taxpayer’s audio/visual…
New York Concludes that Loss on Liquidation of Partnership is Not New York Source Income
New York has a unique rule for nonresident individuals regarding the sourcing of gain/loss on the sale of equity interest…
Missouri Court Applies Integrated Plant Doctrine to Manufacturing Exemption
States typically provide exemptions for manufacturing machinery and equipment, include repair and replacement parts, but the breadth of those exemptions…
CARES Act Triggers Maryland’s Automatic Decoupling
On June 12, 2020, the Maryland Comptroller issued its report to the Governor and General Assembly regarding the impact of…
IRS Extends Rollover Relief for 2020 Required Minimum Distributions from Retirement Plans
The CARES Act provided a temporary waiver of the required minimum distribution (RMD) rules for certain retirement plans. The waiver…