New York Petroleum Business Tax Rates Increased
New York petroleum business tax rates will increase, effective January 1, 2018. A Department of Taxation and Finance publication lists the both new rates and…
Minnesota Accepts Court Ruling on NOL Limitation
Minnesota will apply the net operating loss limitation on a pre-apportionment basis when calculating corporate income tax. The Department of Revenue accepts the Minnesota Tax…
Florida Governor to Propose Tax Cuts
Governor Rick Scott will propose $180 million in tax cuts for individuals as part of his 2018-2019 recommended budget. Florida Proposed Tax Cuts The tax…
Senate Lawmakers, Trump Administration Officials Discuss Tax Reform
Senate lawmakers and Trump administration officials held a joint press conference on November 7 to discuss tax reform. The conference comes as the Senate Finance…
Ways and Means Tackles Second Day of Tax Reform Markup
The House Ways and Means Committee on November 7 spent a second day marking up the Tax Cuts and Jobs Bill (HR 1). According to Senate…