Public Law 86-272 (P.L. 86-272) was first adopted by the U.S. Congress in 1959 to address the business concerns of tax implications from traveling salesmen working in multiple states. To address these concerns, Congress used...more
3/14/2025
/ Business Taxes ,
Commerce Clause ,
Income Taxes ,
Multistate Tax Commission (MTC) ,
New Jersey ,
Proposed Rules ,
Regulatory Requirements ,
State and Local Government ,
Tax Liability ,
Tax Reform ,
Tax Returns
New Mexico’s gross receipts tax (what the state calls its sales tax) is generally imposed on receipts derived by the seller from performing services in the state; however, a resale of the services is not generally taxable if...more
2/25/2025
/ Compliance ,
Department of Revenue ,
Exemptions ,
Gross Receipts ,
Health Care Providers ,
Healthcare ,
Hospitals ,
Provider Payments ,
Regulatory Requirements ,
State and Local Government ,
State Taxes ,
Tax Credits ,
Tax Liability ,
Taxation