State Taxes, Income Taxes, Business Income

Seller Beware - Court Rules That California Can Tax Gain from the Sale of Goodwill

Venable LLP on 6/7/2022

A California state appellate court recently upheld the trial court's decision in The 2009 Metropoulos Family Trust v. Franchise Tax Board that nonresident shareholders of an S corporation source gain on the S corporation's...more

The Wayfair Decision: How Technology is Changing State Tax Laws

Bowditch & Dewey on 4/14/2022

The U.S. Supreme Court decision in South Dakota v. Wayfair, Inc. 138 S. Ct. 2080 (2018) upended how businesses think about state tax compliance. In Wayfair, the Court upheld a South Dakota sales tax law that taxed...more

Breaking Up is Hard to Do, Especially if You Want to Leave New York State

Lippes Mathias LLP on 10/27/2021

As the influx of New York residents depart to warmer and sunnier pastures in the South, they may be leaving their homes but not necessarily their obligation to the New York State Tax and Finance Department. There are many...more

State And Local Tax Considerations For Remote Employees – And Their Employers

Kerr Russell on 4/9/2021

Government mandated work-from-home orders have created a remote workforce, creating a host of complex state and local tax issues for both employers and their employees. Even as these orders expire, a common trend among...more

New York Budget Deal Includes SALT Cap Workaround

Rivkin Radler LLP on 4/7/2021

The New York state budget deal announced yesterday includes a workaround of the temporary federal limit on state and local tax deductions (the SALT cap). The provision was part of Gov. Cuomo’s initial budget proposal in...more

Michigan Court Allows Multistate Tax Compact Election

Eversheds Sutherland (US) LLP on 6/11/2013

On June 6, 2013, the Michigan Court of Claims became the second court in the country to hold that the Multistate Tax Compact (the Compact) is a binding multistate compact that cannot be repealed by a separate, subsequent...more