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Nevada Banks $30 Million Under General Tax Amnesty Plan

Nevada picked up $30.4 million in delinquent tax payments from 3,366 businesses and individuals during its recent general tax amnesty and waived $13 million in penalties to encourage participation, the Department of Taxation said.

Weekend Insights: Going For The Gold

The Olympics have—finally—begun. To be a champion, you constantly have to hone your craft—even if it’s something you’ve pulled off before. In tax, that may involve more research and punching numbers than practice kicks and punching bags, but it’s the same idea. And learning from your peers makes it easier. From conservation easements to donor-advised funds, here’s what our tax professionals are talking about this week.

Tax Pact Rules Focus on Cannabis, Face Masks, Digital Goods

The Week in Wayfair: The Streamlined Sales and Use Tax Agreement discussed new tax rules for cannabis and personal protective equipment. New guidance affecting food delivery services became effective in Illinois, and Colorado has a plan to drop its sales tax rate.

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