IRS Touts Improved Customer Service in 2023 Tax Season
The Internal Revenue Service said it delivered "significantly improvedcustomerservice" during the 2023 tax filing season and cited funds made available to it from the Inflation Reduction Act...
NJ - Cannabis business deductions and credits allowed
New Jersey has decoupled the corporation business tax and gross income tax from the federal provisions that prohibit tax credits and deductions for cannabis businesses. The bill also decouples S corpo...
NY - Cap amount for electronic news services exemption increases
The cap amount for the New York sales and use tax exemption for sales and uses of electronic news services that occur from June 1, 2023, to May 31, 2024, increases to $4,441. News Bulletin, New York D...
PA - Elective PTE tax bill introduced
A bill to enact an elective pass-through entity (PTE) income tax was introduced in the Pennsylvania house.The elective PTE tax would be available after December 31, 2022. S.B. 659, as introduced in th...
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