State tax law changes for the second quarter of 2021
A summary of important updates for determining deferred tax provision under ASC 740 for the quarter ending June 30, 2021.
Knowledge Base
Search Results
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
Trio of tax bills impact individual and business filers with significant corporate income tax changes scheduled for 2022.
Wayfair nexus turns three by celebrating near universal adoption
Three years after the Wayfair decision, economic sales tax nexus has become the norm, but unanswered questions and numerous issues remain.
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 enacts law restoring certain deductions related the to the CARES Act for both business and individual taxpayers.
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.