Bloomberg Tax
Daily Tax Report: State

Challengers to Maryland’s Digital Ad Tax Not Going Quietly

The lead counsel in a high-profile challenge to the constitutionality of Maryland’s digital advertising tax said the levy has the shelf life of a “Hula Hoop” despite his client’s recent loss in front of the state Supreme Court.

WFH Saved Texas at Least $20 Million in State Incentive Payments

Texas businesses have forgone more than $20 million in state incentives over the past few years by allowing employees to work remotely the majority of the time, according to state leaders who are revising Texas’s economic development strategy for a post-Covid era.

Portland Tops Cities Where High Earners Face Biggest Tax Hit

Portland, Oregon, may penalize higher earners more than any other large US city, according to a new report.

Michigan High Court Rejects Wells Fargo Rail Tax Spat

The Michigan Supreme Court has declined to review a challenge brought by the Michigan Department of Treasury in a dispute with Wells Fargo Rail Corp. over denied tax credits.

California Disaster Victim Tax Breaks Advanced by Lawmakers

Victims of wildfires and floods in California would continue to get tax breaks for losses and payouts under measures advancing in the Legislature.

Latest Stories

WFH Saved Texas at Least $20 Million in State Incentive Payments

Texas businesses have forgone more than $20 million in state incentives over the past few years by allowing employees to work remotely the majority of the time, according to state leaders who are revising Texas’s economic development strategy for a post-Covid era.

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Tax Your Crypto and NFTs? Yes, the IRS Wants Its Cut

Cryptocurrency and NFTs continue to rise in popularity in the U.S., but many people are still confused about how they are taxed. In this video, a partner at Steptoe & Johnson who specializes in tax policy and cryptocurrency, lays out how different crypto transactions are taxed.

Tax Developments

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Ohio Tax Department Announces Recommendation for Vendor License Applications for Taxable Sales

The Ohio Department of Taxation June 1 announced a recommendation to use the Gateway for electronic filing of county vendor license applications for taxable sales.

Pennsylvania: Philadelphia DOR Announces Tax Refund Status Online Tool

The Philadelphia Department of Revenue (DOR) May 31 announced that taxpayers can now check the status of their refund petitions online using the “Where’s My Refund” hyperlink on the Philadelphia ...

Alabama DOR Announces Increase in City of Orange Beach General Lodging Tax, Effective May 1

The Alabama Department of Revenue (DOR) April 25 announced that the city of Orange Beach increased its general lodging tax rate to 9 percent from 7 percent, effective May 1, ...