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Washington: Merchants Owe Taxes on Online Marketplace Transactions Fulfilled Using Third-Party’s Service Program
Case No. 39321-6-III, Wash. Ct. App. (1/23/24). In an unpublished opinion involving the nonpayment of Washington sales taxes for the...

FirenzeCapitalAdvisors
Jan 26, 20241 min read
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Pennsylvania: Philadelphia DOR Issues Wage Tax Refund Guidance for Nonresidents Required to Work Remotely
Posts – Philly taxes: Revenue releases new guidelines for non-resident wage refunds, City of Philadelphia Dept. of Rev. (1/17/24). The...

FirenzeCapitalAdvisors
Jan 26, 20241 min read
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New Jersey: Updated Bulletin Reflects CBT Law Changes Involving Bright-Line Economic Nexus
Tax Bulletin No. TB-108: Nexus for Corporation Business Tax for Privilege Periods Ending on and after July 31, 2023, N.J. Div. of Tax....

FirenzeCapitalAdvisors
Jan 26, 20242 min read
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Ohio: Updated Information Releases Address 2023 Law Changes to CAT Exclusion and Annual Minimum Tax
Two updated Ohio commercial activity tax (CAT) information releases

FirenzeCapitalAdvisors
Jan 19, 20241 min read
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New Jersey: New Bulletin Addresses Conformity with IRC §174 and Recent R&D Credit Law Changes
A new administrative bulletin reflects 2023 law changes to the state corporation business tax.

FirenzeCapitalAdvisors
Jan 19, 20241 min read
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Additional guidance on treatment of section 174 research or experimental expenditures
The Department of the Treasury and the IRS have issued guidance on the treatment of research or experimental expenditures.

FirenzeCapitalAdvisors
Jan 19, 20248 min read
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Smith-Wyden tax package includes business tax relief, child tax credit enhancements, and more
After months of behind-the-scenes negotiations, House Ways and Means Committee Chairman Jason Smith, R-Mo., and Senate Finance Committee...

FirenzeCapitalAdvisors
Jan 16, 20246 min read
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JCT releases ‘Blue Book’ for tax legislation enacted in the 117th Congress
The Joint Committee on Taxation (JCT) staff on December 21 released a “Blue Book“ providing a general explanation of provisions in the...

FirenzeCapitalAdvisors
Dec 21, 20232 min read
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Pennsylvania: New Law Modifies Tax Treatment of Certain Grantor Trusts
S.B. 815, signed by gov. 12/14/23. Effective for tax years beginning on or after January 1, 2025, new law makes changes to the taxation...

FirenzeCapitalAdvisors
Dec 20, 20231 min read
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California Superior Court Declares Franchise Tax Board’s P.L. 86-272 Guidance Invalid
Case No. CGC-22-601363, Cal. Super. Ct. (12/13/23). In a lawsuit involving an industry trade association challenging the validity of the...

FirenzeCapitalAdvisors
Dec 19, 20231 min read
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Court addresses FBAR requirement for dual residents with treaty foreign residency
On 20 November 2023, the US District Court for the Southern District of California ruled that an individual who was a lawful permanent...

FirenzeCapitalAdvisors
Dec 16, 20233 min read
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Tennessee: Letter Ruling Says Corporate Member May Utilize SMLLC’s Credits Following Merger
Letter Ruling No. 23-09, Tenn. Dept. of Rev. (11/3/23). In a redacted letter ruling involving a single member limited liability company...

FirenzeCapitalAdvisors
Dec 15, 20231 min read
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Ohio: Proposed CAT Rule Changes Reflect New Law on CAT Exclusion and Annual Minimum Tax
Proposed New and Rescinded Regs. sections 5703-29-04, Ohio Dept. of Tax. (11/30/23). The Ohio Department of Taxation issued proposed rule...

FirenzeCapitalAdvisors
Dec 12, 20231 min read
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IRS finalizes updates to Form W-8EXP
On 20 November 2023, the US Internal Revenue Service (IRS) published a new version of Form W-8EXP, Certificate of Foreign Government or...

FirenzeCapitalAdvisors
Dec 11, 20232 min read
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South Carolina: Amended ALJ Ruling Still Says Taxpayer Must File a Combined Return
Docket No. 19-ALJ-17-0416-CC: Order Granting Motion for Reconsideration & Amended Order, S.C. Admin. Law Ct. (12/4/23). Granting the...

FirenzeCapitalAdvisors
Dec 9, 20231 min read
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New York ALJ Denies Refund Request for Remote Work Performed Before and During COVID-19 Pandemic
Determination DTA Nos. 830517 and 830681, N.Y. Div. of Tax App., ALJ Div. (11/30/23). In a case involving a nonresident couple claiming a...

FirenzeCapitalAdvisors
Dec 8, 20232 min read
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Third-party payment processors and recipients get extra year of relief
The IRS announced November 21 that it will extend for one additional year the transition relief from the enforcement of the more...

FirenzeCapitalAdvisors
Dec 5, 20232 min read
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Massachusetts DOR Explains 4% Surcharge on Individual Income in Excess of $1 Million
Massachusetts DOR Explains 4% Surcharge on Individual Income in Excess of $1 Million

FirenzeCapitalAdvisors
Dec 1, 20231 min read
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Pennsylvania Supreme Court Affirms Philadelphia Validly Denied Wage Tax Credit for Taxes Paid
Pennsylvania Supreme Court Affirms Philadelphia Validly Denied Wage Tax Credit for Taxes Paid

FirenzeCapitalAdvisors
Dec 1, 20232 min read
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Utah: Online Streaming Entertainment Company Owes Tax on Monthly Subscription Fees
Appeal No. 22-1274, Utah State Tax Comm. (9/19/23). In a ruling involving a multinational provider of licensed and original entertainment...

FirenzeCapitalAdvisors
Dec 1, 20231 min read
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