Regulatory Analysis
2/6/2023 Effective February 18, 2023, by approval of Ordinance No. 8563, incontinence and feminine hygiene products will be exempt from sales and use tax in the city of Boulder, Colorado. Further information concerning Ordinance No. 8562 may be viewed here.
2/2/2023 In 2022, a Texas District Court held in Coppell v. Hegar and Round Rock v. Hegar that Texas failed to follow its own requirements in enacting Texas Tax Rule 3.334. In short, the court required the comptroller to re-amend or re-adopt the rule using proper Texas procedures. The Texas Comptroller recently fulfilled the procedural […]
California recently released the 2023 California Employer’s Guide (DE 44) and the 2023 Household Employer’s Guide (DE 8829). The “Household Employer’s Guide” has been renamed to “California Employer’s Guide”. A summary of key changes is noted below. To make an adjustment to incorrect UI, ETT, SDI, and/or PIT after DE 9 was filed, file a DE 88 […]
The 2023 version of the W-4R and W-4P were released January 9, 2023. In 2022, taxpayers had the option to use either the 2021 Form W-4P or the 2022 Forms W-4P and/or W-4R in 2022. However, beginning January 1, 2023, the 2023 W-4P and W-4R must be used. W-4P is now used only to make […]
Louisiana recently published the 2023 version of R-20201, Electronic Fund Transfer (EFT) Guidelines. This publication provides details and procedures for taxpayers using EFT to submit payment to the Louisiana Department of Revenue. There is only one change made to the latest version of the Publication R-20201. Tax Codes 08431-08435 have been added for “Retail Dealers of […]
1/27/2023 The city of Kodiak, Alaska provides a one-day Annual Sales Tax Holiday for all sales of tangible personal property and services subject to sales tax, except for certain enumerated transactions. The Sales Tax holiday takes place on the first Saturday in March each year and for 2023, the holiday occurs on March 4. Additional […]
1/24/23 Ketchikan Gateway Borough, Alaska has approved Resolution 2972. The Resolution grants a single day Sales Tax Holiday effective on March 25, 2023 in Ketchikan Gateway Borough and the City of Ketchikan. The holiday applies to all sales and rentals of tangible personal property and services normally subject to sales tax, except specified circumstances by […]
Companion bills have been introduced in Iowa proposing to amend the banking provisions in Iowa’s Unclaimed Property law to include electronic messaging as an activity that constitutes contact. On January 17, 2023, Iowa House Study Bill 33 was introduced and on January 18, 2023, Senate Study Bill 1055 was introduced. The identical bills propose to […]
On January 17, 2023, Oregon Senate Bill 311 was introduced. The bill proposes to amend Oregon’s False Claims Act. Because False Claims Act violations are increasingly being alleged against holders regarding their unclaimed property reporting, it’s important to take note of states’ actions relating to their False Claims laws. Oregon is now proposing to increase […]
The Massachusetts Department of Revenue has released 2022 Schedule HC: Health Care Information form, Schedule HC Instructions, Schedule HC-CS: Health Care Information Continuation Sheet. These state forms report insurance offerings to Massachusetts residents as required by state law. They are parallel to and independent of similar federal reporting requirements The cap has been raised on […]
On January 17, 2023, Oregon House Bill 2160 was introduced. The bill proposes to amend both the securities and wages provisions in Oregon’s unclaimed property law. Securities 1. Presumption of Abandonment – Under the current law, securities are presumed abandoned after a period of 3 years when: (1) A dividend, distribution or other sum has […]
The Louisiana Department of Revenue recently published Revenue Information Bulletin (RIB) 23-006, State Filing Requirements for IRS Form 1099-NEC. This guidance follows an administrative waiver of the filing requirement from tax year 2021 and outlines the filing requirements related to Form 1099-NEC to Louisiana. Beginning January 1, 2023 (for tax year 2022), all service recipients […]
Michigan has released its 2023 Income Tax Withholding Guide. The Michigan Income Tax Withholding Guide is a publication that offers comprehensive guidance for Michigan employers required to withhold income tax. Michigan has raised the Personal Exemption amount, the Pension Tax Exemption for those born before 1946 and the Personal Exemption Allowance from 1946 to 1952. […]
1/16/2023 South Dakota Senate Bill 30, introduced in the 2023 legislative session, proposes to revise the criteria for remote sellers who must remit sales tax by removing the 200 transaction threshold for sales of tangible personal property or services delivered in the state. With this change, remote sellers with gross sales into South Dakota exceeding […]
1/16/2023 Maryland House Bill 67 proposes to temporarily reduce the state sales and use tax rate by 1% for 12 months, if on or before June 1st each year the Comptroller determines that the inflation rate is at least 6%. Introduced in the January 2023 legislative session and as currently drafted, the bill would take […]
1/16/2023 The Electronic Products Recycling Association (EPRA) recently announced that several provinces will be updating their environmental handling fees on e-waste products effective February 1, 2023. These provinces include British Columbia, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland & Labrador. There are a wide variety of products affected, such as […]
1/13/23 The Massachusetts Supreme Judicial Court recently held that the use of cookies, apps, and content distribution networks does not constitute in-state physical presence for the purpose of holding an online retail liable for sales and use tax. To read the opinion click here.
The State of Colorado has released its Wage Withholding Tax Guide as of December 2022. The publication contains guidance for state wage withholdings and W-2 reporting to the Colorado Department of Revenue. There are minor changes to the 2022 Wage Withholding Guide including minor grammatical fixes, an update to the publication year and interest rate […]