South Carolina – Private Letter Ruling #20-4 Sales and Use Tax: Software Subscription Service Was Taxable

A Private Letter Ruling is an advisory opinion issued to a specific taxpayer by the Department to apply principles of law to a specific set of facts or a particular tax situation. Private Letter Ruling issued May 18, 2020: QUESTIONS Continue reading South Carolina – Private Letter Ruling #20-4 Sales and Use Tax: Software Subscription Service Was Taxable

Multi-State – Congress Could Reverse IRS Denial of Tax Deductions For Paycheck Protection Expenses May 2, 2020.

On April 30, the IRS ruled out tax deductions for wages and rent paid with forgivable PPP loans. The IRS views it as a double dip. However, some Senators and Congressmen are pushing back, saying that expenses funded with small business Continue reading Multi-State – Congress Could Reverse IRS Denial of Tax Deductions For Paycheck Protection Expenses May 2, 2020.

Multistate – Teleworking During Pandemic Creates Tax Quandary for Companies

With no clear end in sight to teleworking during the pandemic, tax advisers are trying to prevent their clients from being surprised by a potential spate of new state and international taxes. Workers stranded or sheltered in states or countries Continue reading Multistate – Teleworking During Pandemic Creates Tax Quandary for Companies

California – Taxpayer Was Not Entitled to Reductions in His Liability

A taxpayer in California was not entitled to any reductions in his personal liability because he failed to establish a basis to reduce the car dealership’s unpaid liabilities.  In this matter, the taxpayer argued that the amount of his responsible Continue reading California – Taxpayer Was Not Entitled to Reductions in His Liability

California – City To Use Coronavirus Relief Funds to Offset Pandemic-Related Tax Revenue Deficit

The city of San Diego will use federal and state COVID-19 relief funds to offset major budget cuts proposed last month to manage pandemic-related revenue shortfalls, San Diego Mayor Kevin Faulconer announced Tuesday. The city faces a budget deficit exceeding Continue reading California – City To Use Coronavirus Relief Funds to Offset Pandemic-Related Tax Revenue Deficit

Wyoming – Recent tax law for online sales a boon for Laramie

Online sales are popular in Laramie. That’s what the most recent Albany County sales and use tax collection totals told Laramie city staff. During last week’s budget work session for the 2021 fiscal year the city manager Janine Jordan said Continue reading Wyoming – Recent tax law for online sales a boon for Laramie

California – Orange County Cities Debate Financial Response To Coronavirus Sales and Hotel Tax Losses

Cities across Orange County are reevaluating budget projections for the rest of the fiscal year as massive reductions in sales tax revenue and other essential city revenue sources have dried up amid the stay at home order.  One of the Continue reading California – Orange County Cities Debate Financial Response To Coronavirus Sales and Hotel Tax Losses

Multi-State – Temporary Telework Arrangements Could Become Permanent

Will some of the temporary tax policy changes states are making in response to the public health crisis become permanent?  The question came up Tuesday in a teleconference meeting of the Strategic Planning Committee of the Multistate Tax Commission. Participants Continue reading Multi-State – Temporary Telework Arrangements Could Become Permanent

Multi-State – Industries Pushing for Targeted Tax Relief in Pandemic Bills

U.S. industry groups, confronted with the economic damage wrought by the COVID-19 pandemic, have started asking lawmakers for more targeted tax relief.  The requests, which come as Congress is starting work on the next coronavirus relief package, are likely to Continue reading Multi-State – Industries Pushing for Targeted Tax Relief in Pandemic Bills

Arizona – ADOR Stops Tax Fraud Schemes this Tax Season May 4, 2020

Attempted Scams Emerged Same Time as COVID-19 The Arizona Department of Revenue (ADOR) says COVID-19 hasn’t stopped scammers from trying to take advantage of taxpayers. ADOR’s Criminal Investigation Unit reports since COVID-19 fully emerged in Arizona, 13 tax fraud schemes Continue reading Arizona – ADOR Stops Tax Fraud Schemes this Tax Season May 4, 2020