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Nebraska enacts new sales and use tax exemption for ethanol producers

Nebraska enacts new sales and use tax exemption for ethanol producers

Nebraska broadly exempts manufacturing inputs used by ethyl alcohol producers from the sales and use tax effective Oct. 1, 2021.
Colorado enacts numerous tax-related bills

Colorado enacts numerous tax-related bills

Trio of tax bills impact individual and business filers with significant corporate income tax changes scheduled for 2022.
Nebraska cuts corporate income tax rates

Nebraska cuts corporate income tax rates

Nebraska enacts corporate income tax rate reductions over the next two years while promising more reductions in subsequent measures.
Colorado restores certain business deductions related to the CARES Act

Colorado restores certain business deductions related to the CARES Act

Colorado enacts law restoring certain deductions related the to the CARES Act for both business and individual taxpayers.
PPP forgiveness and expenses: State tax implications

PPP forgiveness and expenses: State tax implications

States may not allow the gross income tax exclusion provided by the federal program, resulting in taxable discharge of indebtedness income.