Earlier this week, New Jersey Governor Philip Murphy announced his proposed budget for fiscal year 2021.  Buried in the dense text of the 94-page document (at page 37) were several
Continue Reading Garden State “Zapper” Users Beware: New Jersey Announces Crackdown on Revenue Suppression Programs

In January, the New York Department of Taxation and Finance issued a notice regarding sales tax registration requirements for businesses with no physical presence in New York.  The notice responds
Continue Reading New York Department of Taxation and Finance Issues Notice Regarding Sales Tax Registration Requirement for Businesses with No Physical Presence in New York

The Treasury Department recently issued proposed regulations addressing the availability of charitable deductions when taxpayers receive or expect to receive corresponding state or local tax credits for contributions.  The proposed
Continue Reading Treasury Issues Proposed Regulations Addressing Charitable Deductions for State and Local Tax Credit Contributions

The States of New York, Connecticut, Maryland, and New Jersey filed a federal court lawsuit this week challenging the constitutionality of the new $10,000 cap on the federal tax deduction
Continue Reading Four States File Lawsuit Seeking to Invalidate New Federal Cap on State and Local Tax Deduction