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Insights & Resources
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The Alabama Department of Revenue issued three executive orders to ease the availability of automobile fuel after Hurricane Ida.
The recently passed $1 trillion Infrastructure Investment and Jobs Act includes a proposal to reinstate Superfund excise taxes on the sale and import of certain chemicals as an offset to the bill’s spending provisions.
New Mexico recently changed the reporting location for its gross receipts tax and compensating tax to destination-based sourcing for most goods and certain services. The changes took effect July 1, 2021.
California Governor Gavin Newsom signed into law budget legislation that includes a workaround of the $10,000 federal cap on state and local tax (SALT) deductions implemented under the Tax Cuts and Jobs Act (TCJA).
A recent appeals court decision affirmed that butane is not an alternative fuel and that a mixture of butane and gasoline does not qualify for the alternative fuel mixture tax credit under IRC Section 6426(e).
PodcastRelocating a business is a complex move but something that can be very beneficial to a company. One state where they are flocking is Texas, named the “Best State for Business” by Chief Executive Magazine.
