Insights & Resources

Two recent sales tax disputes in New York show how the courts can apply “primary function” analysis or reject it based on the facts of the case.

California’s governor has proposed temporarily suspending NOL deductions & limiting tax credits to $5 million for the next three years to address budget shortfalls.

Taxpayers who paid the Tennessee franchise tax under the “alternative minimum property measure” should determine whether they qualify for the refund.

Gain clarity about recent changes in the Texas franchise tax “no tax due” revenue threshold and more details about PIR/OIR extensions.

The credit is aimed at bolstering and incentivizing the emerging biotechnology sector to create jobs and invest in NYC and is available 1/1/23-1/1/26.

Weaver's Specialty Tax Services team covers the top issues across our Specialty Tax Services, including State and Local Tax (SALT), Fixed Assets, Tax Provisions and Transaction Tax Advisory.

California removed the income cap subject to the State Disability Insurance contribution as of 1/1/2024 and increased the SDI contribution rate to 1.1 percent.

Find out about energy-related tax credits for transportation and logistics companies that may take little or no changes to current operations.

Counties can impose surcharge when pipeline companies claim IRC Section 45Q carbon capture & sequestration tax credit on pipelines passing through their jurisdiction.

In a business sale, due diligence is critical to mitigate the risk of unexpected tax issues for buyers and sellers. Find out key components of tax due diligence.

Pending Tennessee legislation could provide businesses with a refund for a portion of franchise taxes paid during the past three years. Find out more.

Weaver's Specialty Tax Services team brings you an update of current issues in SALT, International Tax and Transfer Pricing, Transaction Tax Advisory, and more.