IRS Warns of Scams When Donating After Disasters
The IRS has reminded taxpayers that while donating to disaster relief is a compassionate and impactful way to help, it is equally important to remain cautious. In the aftermath of disasters, scam acti...
 
IRS Highlights Retirement Benefits of IRAs
The IRS has reminded taxpayers that Individual Retirement Accounts (IRAs) continue to provide important benefits for those planning their financial future. A traditional IRA allows earnings to grow ta...
 
AZ - Local tax rate table released
Arizona's Department of Revenue released the transaction privilege tax (TPT) rate chart effective November 1, 2025. The only change is Manufactured Buildings in Chino Valley new rate will be 3%.Transa...
 
GA - Utility charge deemed fee and not a tax
The Georgia Supreme Court affirmed a lower court decision, holding that the Unified Government of Athens-Clarke County’s stormwater utility charge is a fee and not a tax, and therefore not subject t...
 
IL - Guidance issued on grocery tax changes
Illinois issued guidance on changes to the sales and use tax on groceries. Effective January 1, 2026, the state is eliminating its 1% sales and use tax on groceries. Municipalities and counties can im...
 
MD - Impact report on OBBBA issued
The Maryland Comptroller has issued a report outlining the impact that the One Big Beautiful Bill Act is expected to have on Maryland tax revenues. Maryland law requires such a report when amendments ...
 
MN - Interest rate decreased for 2026
The interest rate on underpayments and overpayments of Minnesota taxes, other than property taxes, decreases to 7% for 2026. Penalties and Interest for Businesses, Minnesota Department of Revenue, Oc...
 
NE - Local sales tax rate chart issued
The Nebraska Department of Revenue has released a table displaying the local sales and use tax rates applicable to the period beginning October 1, 2025. Local Sales and Use Tax Rates, Nebraska Depart...
 
NJ - Casino licensee CBT guidance issued
New Jersey has summarized casino licensee obligations under the Corporation Business Tax (CBT), compiled existing guidance, and provided references to relevant publications and rules. The guidance cov...
 
NY - Petition dismissed for lack of jurisdiction
A taxpayer’s New York sales and use tax petition was dismissed for lack of jurisdiction because the taxpayer failed to include a required statutory notice. While the petition included a copy of a no...
 
OH - Interest rates announced
Ohio has announced the interest rates for underpayments and overpayments of income taxes and sales and use taxes will be 7% in calendar year 2026. The rate for estate and tangible personal property ta...
 
PA -PURTA surcharge rate announced
Pennsylvania has provided notice that the Public Utility Realty Tax Act (PURTA) surcharge calculation for tax years beginning January 1, 2026 is 0 mills. No PURTA surcharge will be imposed for the tax...
 
RI - Guidance on decoupling from OBBBA issued
Rhode Island has issued filing guidance for individuals in response to decoupling from the One Big Beautiful Bill Act of 2025 (H.R. 1, Public Law No. 119-21). The guidance outlines which items allowed...
 
SC - State per capita income figure announced
South Carolina announced that the most recently available state per capita income figure is $60,776. The figure is important because various income, sales and use, and property tax incentives require ...
 
TX - Ready mix concrete manufacturer
The Texas Comptroller issued a private letter ruling finding that a business that operates ready mix concrete fabrication plants did not meet the statutory definition of a "ready mix concrete contract...
 
VA - Local tax rates for tax year 2024 issued
The Virginia Department of Taxation has issued the real estate, tangible personal property, machinery and tools, and merchants’ capital tax rates for county, city, town, and districts for tax year 2...