Regulatory Analysis

Get the latest updates in regulatory analysis news

Posted 1 day ago by Kaitlyn Smethurst
Ohio Legislature Passes Marketplace Legislation

[July 18, 2019] On July 17, 2019, the Ohio legislature passed House Bill 166, which among other provisions, enacts a requirement for marketplace facilitators to collect and remit sales and use tax on behalf of all sellers who use the marketplace when certain conditions are met.  Under House Bill 166, marketplace facilitators are required to collect […]

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Posted 1 day ago by Katherine Mullen
Economic Nexus Comes to Kansas After All

[July 19, 2019] Non-Kansans, it is time to collect in the Sunflower State! Earlier this year, it looked as if Kansas was going to buck the national trend of establishing economic nexus for remote sellers when the Governor vetoed House Bill 2033, which outlined when a remote seller would be deemed to have established nexus […]

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Posted 1 week ago by Daniel Kostrzewa
Pennsylvania Passes Economic Nexus Legislation

[July 11, 2019] On June 28, 2019, the governor of Pennsylvania signed HB 262 into law. Effective July 1, 2019, this law requires any person or business with $100,000 or more in annual gross sales to Pennsylvania customers to collect and remit Pennsylvania’s 6 percent sales tax on taxable transactions. The law codifies the economic nexus […]

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Posted 1 week ago by Matthew Gonnella
Wisconsin Enacts Marketplace Legislation

[July 8, 2019] Wisconsin recently enacted legislation requiring marketplace facilitators to collect tax on behalf of their marketplace sellers when certain thresholds are met. Marketplace facilitators must collect tax when they have 200 or more transactions or gross sales of more than $100,000 in the current or previous calendar year. The law goes into effect January […]

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Posted 2 weeks ago by Erik Wallin
Hawaii Increases Motor Vehicle Rental Surcharge

[July 9, 2019] The Governor of Hawaii recently signed SB 162 into law. This bill has direct and immediate impact on motor vehicle rental companies doing business in the state of Hawaii. Specifically, pursuant to this new bill, effective July 1, 2019, the rental motor vehicle surcharge is increased from $3.00 per day (or any portion […]

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Posted 2 weeks ago by Paul Ogawa
Oregon Passes Paid Family Leave Law

Oregon recently passed a sweeping paid family leave law which would give paid time off to those responsible for the care of sick family members or themselves. House Bill 2005 was signed into law on July 1, 2019, and would provide paid leave benefits to new parents, victims of domestic violence, and those charged with […]

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Posted 2 weeks ago by Tom Hospod
Treasury Finalizes Regulations that Allow for TIN Masking on W-2s Beginning in Tax Year 2020

The IRS has finalized regulations, pursuant to Internal Revenue Code §§ 6051 and 6052, that allow for TIN masking on W-2s beginning in tax year 2020 (for forms to be filed in 2021). The Tax Cuts and Jobs Act, passed in 2017, allowed for the IRS to implement this regulation for purposes of identity theft protection […]

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Posted 2 weeks ago by Paul Ogawa
Virginia Changes Interest Rates for the Third Quarter of 2019

The Virginia Department of Taxation is making a change to state interest rates relating to the overpayment and underpayments of tax for the third quarter of 2019. Virginia Code §58.1-15 provides for a rate that is 2% higher than the federal rate: since federal rates for the third quarter of 2019 are at 5%, Virginia […]

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Posted 2 weeks ago by Paul Ogawa
North Dakota Changes Electronic Filing Requirements for TY 2019

The North Dakota Office of the State Tax Commissioner recently issued an important notice regarding a law change affecting the electronic filing requirement for information returns. Per North Dakota House Bill 1112, the previous electronic filing threshold of 250 or more forms is being replaced with a requirement for all employers with 10 or more […]

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Posted 2 weeks ago by Paul Ogawa
D.C. Updates EFT Guide

The D.C. Office of Tax and Revenue recently updated their Electronic Funds Transfer (EFT) Guide. This publication provides information regarding EFT payments including bank information for payments, TXP and Addenda Record layouts, and tax type codes and definitions. The most recent update added two changes to the publication, which are as follows: A code for […]

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Posted 2 weeks ago by Paul Ogawa
South Carolina Publishes Updated Registration for Electronic Funds Transfer

The South Carolina Department of Revenue recently published an updated version of Form D-128, Registration Application for Electronic Funds Transfer. This form is used by payers to register their business for automatic payments through ACH Credit or ACH Debit. There is one update to the most recent version of this form, which is as follows: […]

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Posted 2 weeks ago by Paul Ogawa
Georgia Publishes Updated Employer’s Tax Guide

The Georgia Department of Revenue recently published an updated version of the Employer’s Tax Guide. This publication provides information for employers including how to file and pay withholding tax returns, withholding tax tables, and annual filing of information returns. The Guide remains largely unchanged from its previous version with the exception of the addition of […]

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Posted 2 weeks ago by Tom Hospod
Kentucky Implements New Online Portal

Kentucky has migrated its online withholding taxpayer portal, WRAPS, to a new system, Kentucky Gateway Online – which is a more secure portal. Filers and payers should now use this system to access WRAPS in order to file withholding reports. Filers that do not already have Kentucky Gateway Online login credentials need to create a new user […]

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Posted 3 weeks ago by Alex Samuel
Maine Enacts Marketplace Facilitator Legislation

[July 1, 2019] Maine has recently enacted legislation requiring marketplace facilitators that meet certain sales thresholds to collect tax on behalf of their marketplace sellers. Marketplace facilitators must collect tax when they have 200 or more separate transactions or gross sales of more than $100,000 during the current or previous calendar year. The law goes into […]

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Posted 3 weeks ago by Gerry Nelligan
North Carolina Announces Interest Rate for Second Half of 2019

North Carolina has announced a change in the interest rate for the over- and underpayment of taxes.  Effective from July 2019 to January 2020, the interest rate will be six percent.  This is down one percent from the prior interest rate. To review North Carolina’s interest rate, please follow this link.

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Posted 3 weeks ago by Gerry Nelligan
South Carolina Announces 2019 Third Quarter Interest Rates

South Carolina regularly reviews and adjusts the interest rates for over- and underpayments of taxes.  Per SC Information Letter #19-15, for the period from July to October of 2019, the interest rate for underpayments will be five percent, down from six percent in the prior quarter. In addition, the letter notes that for the 2019-2020 […]

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Posted 3 weeks ago by Tom Hospod
New Mexico Updates Withholding Publication – Including Due Date Change

New Mexico has published a revised version of its FYI-104, New Mexico Withholding Tax. Publications may be found here. There are several changes of which filers should take note. Starting tax year 2019, the Department will be requiring electronic submission of income and withholding information returns if you have more than 25 employees and the information will be […]

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Posted 3 weeks ago by Nicolette Chasse
Georgia to Require Filing of Form 1099-K

The state legislature of Georgia has passed a bill that would amend the Georgia tax code, requiring individuals who file or are required to file Form 1099-K with the IRS to also electronically file a copy of the form with the state revenue commissioner on or by March 31. Forms are due to recipients on […]

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