State and Local Tax Archives

Texas Proposes Adopting Rolling IRC Conformity for Total Revenue and COGS

Manufacturing

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Chicago Enacts Social Media Amusement Tax and Increases Personal Property Lease Tax to 15%

IRS

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100% Bonus Depreciation Returns — Are You Using the Right Strategy?

Bonus Depreciation

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Fifth Circuit Overturns Tax Court on Limited Partner Self-Employment Tax Exemption

Financial Services

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IRS Issues New CAMT Guidance for Corporations with Partnership Income

IRS

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Top 5 Tax Mistakes Law Firms Make — and How to Avoid Them

IRS

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Year-End Tax Moves Celebrities and High-Net-Worth Individuals Can’t Afford to Miss

Entertainment, Sports and Media

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Growing Your Business? Don’t Overlook These Multi-State Tax Risks

Compliance

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Multi-State Taxation for Public Companies: How to Avoid Costly Penalties

Nexus

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2026 Tax Deadlines: Key Dates Your Business Needs to Know

State and Local Tax

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From TikTok to Taxes: A New Chapter in the Music Industry Playbook

Business Management

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IRS Reinstates Prior Spinoff Guidance Through Revenue Procedure 2025-30

IRS

Alt-text: IRS reinstates simpler spinoff rules bringing back earlier guidance under Revenue Procedure 2025-30 — simplifying Section 355 transactions