TaxConnex

MARCH 2, 2021

In another possibly trendsetting development, Maryland has greenlighted the country’s first tax on digital advertisements sold by companies such as Facebook, Google and Amazon. Estimates reportedly said the tax will generate up to $250 million but opponents promise legal challenges. 20 and April 14 to April 15, 2021.

Sales 246

Sales Tax Missouri Wisconsin 246

TaxConnex

DECEMBER 29, 2022

The year started with attention on new online products and sales tax – notably in Maryland with its tax on digital advertising. The state imposed a gross receipts tax on digital ads so long as the companies had at least $1 million in advertising revenue within the state for the year. More doubters would pop up later. (In

Sales 130

Sales Tax Maryland Louisiana 130

CPA Practice

APRIL 12, 2023

27, 2023, providing legal guidance on claims made by the postponed deadline. By missing out on filing a tax return, people stand to lose more than just their refund of taxes withheld or paid during 2019. Many low- and moderate-income workers may be eligible for the Earned Income Tax Credit (EITC).

Rhode Island 122

Rhode Island tax return Tax West Virginia 122

CPA Practice

JULY 28, 2023

While much of this recent regulatory movement has mainly applied to digital and remote sales, ecommerce and marketplace facilitators the question of where, when and how sales and other digital taxes should be applied, indicates that state and local governments are also mining less visible, but foreseeable revenue alleys.

Maryland 52

Maryland Tax Virginia West Virginia 52

CPA Practice

NOVEMBER 1, 2023

States where inflation-adjusted income declined included Alaska, where oil drilling has been in long-term decline, as well as Georgia and Maryland. The state recently created an Office of Legal Immigration to help recruit workers from abroad and among work-authorized immigrants already in the United States.

North Dakota 52

North Dakota South Dakota Utah Connecticut 52

ThomsonReuters

APRIL 24, 2024

While there are over 20 local jurisdictions with municipal income taxes, he noted that the law does not exclude overtime wages from municipal occupational license tax. Individual state income tax usually follows the federal adjusted income, Wertz said, and the exclusion creates a modification.

West Virginia 52

West Virginia Alabama Legal Rhode Island 52

CPA Practice

MARCH 8, 2023

Bay Staters with taxable income that exceeds one million dollars are expected to pay 4% more in Massachusetts income tax. Massachusetts recently returned billions in excess revenue to eligible residents through 62F tax refunds. Washington is a state that doesn’t have income taxes.)

Tax 115

Tax Hawaii Illinois Massachusetts 115