by TaxOps | Jul 2, 2024 | State and Local, Tax News
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... 
by TaxOps | Jun 4, 2024 | State and Local, Tax News
The Colorado Retail Delivery Fee rate increase to 29 cents becomes effective July 1, 2024. The Colorado Department of Revenue (CDOR) is adjusting for inflation the Retail Delivery Fee (RDF) with a rate increase from $0.28 to $0.29 effective July 1, 2024. The CDOR has... 
by TaxOps | Feb 27, 2024 | Tax Minimization, Tax News
A new IRS Notice and Rev. Proc. allows taxpayers to correct errors made in 2022 in the 2023 tax year, avoiding messy amending issues. By Jamie Overberg The U.S. Treasury Department and IRS have jointly updated method change procedures (Rev. Proc. 2023-24) to enable... 
by TaxOps | Feb 9, 2024 | State and Local, Tax News
Colorado enacted HB 12-1006 requiring that for tax year 2023, employers provide a written annual notice to their employees about available federal and state tax credits, including the Colorado and federal earned income tax credit, the Colorado and federal child... 
by TaxOps | Feb 9, 2024 | State and Local, Tax News
Once again, our team has debated and discussed top issues in state and local tax to identify the most pressing for taxpayers. Ten have risen to the top. Here’s the SALTovation Team’s Top Ten State and Local Tax Issues to watch in 2024. Once again, our team debated...
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