Insights & Resources

When determining gain on a sale of property, real estate investors need to consider the property's placed-in-service date and the start of the holding period.

Colorado has implemented a new "retail delivery fee" that presents an additional compliance challenge in the state's already complex sales and use tax system.

To improve tax compliance, the U.S. Treasury Department proposed four changes to "modernize" the corporate and individual reporting of digital assets.

Senators Kirsten Gillibrand and Cynthia Lummis proposed the Responsible Financial Innovation Act to create a comprehensive regulatory framework for digital assets.

Learn about which states have announced motor fuel tax rate changes effective July 1, 2022, and check back as we will continue to monitor and make updates as needed.

In recent months, a number of states have enacted legislation to temporarily suspend the motor fuels tax. Weaver will monitor these actions and update this post regularly.

In Sirius XM Radio, Inc., v. Hegar, No. 20-0462, the Texas Supreme Court ruled that determination of the apportionment of receipts from services must be "origin-based" rather than "destination-based."

AB 466 allows the California Franchise Tax Board (FTB) to collect and share information on taxpayer reporting of unclaimed property.

Learn about the tax cuts for businesses and individuals as New York is the latest state to provide tax reductions to taxpayers.

In the updated statement on P.L. 86-272, businesses previously protected from paying the state corporate income tax in California or New York could now be liable for these taxes through various internet activities.

Property owners involved in real estate development may face very different tax consequences depending on their status as an investor or a dealer.