State and Local Tax
New Maryland Sales Tax Law Eliminates Tax on Certain Purchases of Digital Products by Businesses
Maryland’s General Assembly has enacted House Bill 791, which narrows the scope of digital product sales that are subject to…
U.S. Supreme Court Denies Challenge to SALT Cap
On April 18, 2022, the United States Supreme Court denied to hear a case brought by New York, Maryland, Connecticut…
Virginia Jumps on the SALT Workaround Bandwagon
Virginia has enacted legislation (Senate Bill 692) to implement an elective pass through entity (PTE) tax. The legislation also amends…
California is Now Requiring Schedules Report California Tax Basis Capital Accounts
At a glance Main takeaway: The State of California amended their tax laws now requiring Schedules M-2 and K-1 to…