Tax News Articles

Battle Against State Overreach: Diving into New York’s PL 86-272 Adjustments

New York’s new regulation challenging PL 86-272 protections has the potential to significantly impact corporate taxpayers and may be a model other states follow. Here's the SALTovation team's summary in our continuing review of state tax regulations. By the...

Evolving Sales Tax Education and Compliance: Nexus, Audits and Automation

Sales tax compliance could be made easier with standard nexus laws, audit preparedness, and the right sales tax automation solution, but only the last two of these concepts are reasonably doable with sales tax education and the right tools.   By Stacey Roberts Key...

Research Credit Form 6765: IRS New Revised Draft

The IRS released a revised draft of Form 6765 (2024 year), Credit for Increasing Research Activities, for public comment. This update introduces and seeks comment on the new Business Component Detail section, which remains incredibly detailed for all taxpayers who...

Overturning Chevron: What it means to taxpayers at the federal and state levels

The U.S. Supreme Court ruling that overturned the Chevron doctrine has wide implications on both federal, and potentially state, court rulings going forward. Here's what to watch for. By Judy Vorndran The United States Supreme Court on June 28 released its opinion in...