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Taxation News

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Tax News


37 Posts found
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Posted on: Aug 15, 2018

The Indiana Department of Revenue (DOR) is announcing next steps after the U.S. Supreme Court issued its landmark decision in South Dakota v. Wayfair, Inc on June 21, 2018. 

Posted on: Aug 2, 2018

The IRS has informed taxpayers that it intends to propose regulations addressing the federal income tax treatment of certain payments made by taxpayers to state-established "charitable funds" for which they receive a credit against their state and local taxes.

Posted on: Jun 25, 2018

In a 5-4 decision recently, the Supreme Court turned the sales tax world on its head by overturning South Dakota v. Wayfair. The decision reverses decades of history related to sales tax nexus and a retailer’s obligation to collect and remit tax when it sold its products across state lines

Posted on: Jun 13, 2018

An Opportunity Zone is an economically-distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment. Localities qualify as Opportunity Zones if they have been nominated for that designation by the state and that nomination has been certified by the Secretary of the U.S. Treasury via his delegation authority to the Internal Revenue Service.

Posted on: Jun 12, 2018

Treasury and the IRS hope to complete several guidance projects implementing the 2017 tax law by mid-August, but some high-profile projects may take longer, acting IRS Commissioner David Kautter said May 12.


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