State taxes

Bloomberg Tax and Accounting’s annual state tax survey reveals nationwide trends in nexus policies and more.

Two U.S. states are steaming ahead with programs that will permit taxes to be paid in cryptocurrency, but the idea has been shelved almost everywhere else.

An estimated 800 sales tax bills are under consideration by state legislators each month, according to a new report, as lawmakers grapple with the complexity of sales and use tax four years after the Supreme Court handed down the South Dakota v. Wayfair decision.

Allen Weisselberg, facing a tax fraud trial, argued that state prosecutors are improperly trying to enforce federal laws.

New Jersey will expand its planned property-tax relief program, providing more than $2 billion to more than 2 million households, Governor Phil Murphy said.

Giants like DraftKings and FanDuel are asking legislators to change the rules to lower their taxes after agreeing to them just last year.

The 2018 case prompted many states to begin requiring remote sellers to collect sales taxes, but with inflation at a 40-year high, some are offering sales tax holidays and other relief.

The state had an average annual net out-migration of 28,700 part-year residents, or 0.3% of taxpayers, between 2015 and 2019.

A key incentive is set to go away, sparking a rush by companies to lock down the tax breaks.

Florida Governor Ron DeSantis is keeping his hands off hundreds of millions of dollars in tax breaks recently lavished on the entertainment giant.

The move would eliminate the company’s access to cheaper tax-exempt financing through the special district.

Yet another district court has ruled against a federal ban on states’ lowering taxes with pandemic relief money.

The Supreme Court declined to review a New York-led constitutional challenge to the $10,000 cap on state and local tax deductions imposed by Congress in the 2017 tax law.

Clients who moved their work between states due to the pandemic may find taxing authorities eyeing them more closely.

A federal judge blocked recovery of any pandemic relief funds from Texas, Louisiana or Mississippi if those states use the aid to offset state tax revenue shortfalls.

Gov. Kathy Hochul and legislative leaders struck a budget deal that promises a little less pain at the pump, help for working parents, and new tax breaks.

The state’s Supreme Court agreed with the satellite radio company’s method of sourcing its subscription revenue.

Governments have found them to be easy to implement and that they generate a lot of revenue.

New York Attorney General Letitia James has accused the auction house in a 2020 lawsuit of helping a wealthy shipping executive avoid paying taxes on artwork he purchased.

New York investigators are seeking tax records from another accounting firm, RSM US, that did work for the former president's company.