State Sales Tax Revenue Totaled $4 Billion in February
💡 State Sales Tax Revenue Totaled $4 Billion in February. Action required by march.
Curated tax updates from IRS, Federal Register, state agencies, and industry publications. AI-powered classification and summaries for tax professionals.
Tax Brief aggregates and classifies tax updates from authoritative sources including the IRS Newsroom, Federal Register, Tax Court, state tax agencies, and leading industry publications. Each article is analyzed by AI to provide a “Bottom Line” summary explaining what changed, who's affected, and what action to take.
💡 State Sales Tax Revenue Totaled $4 Billion in February. Action required by march.
💡 Supreme Court Strikes Down President Trump’s Tariffs. General industry update.
💡 Tax Court Slams Brakes on Charitable Deduction. General industry update.
💡 Acting Comptroller Kelly Hancock Distributes $1.5 Billion in Monthly Sales Ta.... Action required by february.
💡 Rebate vs. Nonrebate Refunds: Procedural Implications of Computer Errors in E.... General industry update.
💡 State Sales Tax Revenue Totaled $4.6 Billion in January. Action required by february.
💡 Valuable Income Tax Credits Provide Financial Boost to New York Families. Action required by february.
💡 IRS Releases New Form Taxpayers Will Use to Claim Key OBBBA Tax Deductions. Review and take action if applicable to your clients.
💡 US Taxpayers to See a Nearly $2,300 Average Tax Cut in 2026 Under the Big Bea.... Review and take action if applicable to your clients.
💡 AICPA Pushes Treasury Department, IRS for Additional R&E Expensing Guidance. Review and take action if applicable to your clients.
💡 IQEX Guide as Your Resource. Review and take action if applicable to your clients.
💡 AICPA Pushes Treasury Department, IRS for Additional R&E Expensing Guidance. Review and take action if applicable to your clients.
💡 Planning for Charitable Contributions in 2026. Review and take action if applicable to your clients.
💡 Massachusetts Lawmakers Urged to ‘Opt Out’ of New Federal Tax Policies. Review and take action if applicable to your clients.
💡 IRS Issues Guidance on Prohibited Foreign Entity Restrictions for Energy Tax .... Review and take action if applicable to your clients.
💡 Trump’s OBBBA Cut Taxes on Tips, But Here’s Why Servers in Illinois and Other.... Review and take action if applicable to your clients.
💡 Trump Tariffs Threaten to Offset Much of the “Big Beautiful Bill” Tax Cuts. Review and take action if applicable to your clients.
💡 One Big Beautiful Bill Act Tax Policies: Details and Analysis. Review and take action if applicable to your clients.
💡 IRS Issues Proposed Rules on Clean Fuel Tax Credit. Review and take action if applicable to your clients.
💡 IRS issues guidance on treaty application to reverse foreign hybrids. Review and take action if applicable to your clients.
💡 Updates for the 2025 Instructions for Form 2210-F, Underpayment of Estimated .... Review and take action if applicable to your clients.
💡 Correction to state and local income tax deduction amount in the 2026 Form 10.... Review and take action if applicable to your clients.
💡 Correction to the mailing addresses in the 2026 Form 1040-ES. Review and take action if applicable to your clients.
💡 IRS issues guidance on depreciation deduction. Review and take action if applicable to your clients.
💡 Changes to Instructions for Form 8379 - Injured Spouse Allocation for Tax Yea.... Review and take action if applicable to your clients.
💡 Corrections to the instructions on how to calculate the taxable income before.... Review and take action if applicable to your clients.
💡 IRS updates 2025 accident year unpaid loss and salvage discount factors. Review and take action if applicable to your clients.
💡 IRS announces next expansion of Tax Pro Account to support tax professional b.... Review and take action if applicable to your clients.
💡 Change to the bankruptcy estate filing threshold in the 2025 Instructions for.... Review and take action if applicable to your clients.
💡 Profession Ready Initiative targets gaps in early-career CPA readiness. Review and take action if applicable to your clients.
💡 Response to Department of Education: Proposed Rule – Reimagining and Improvin.... Worth reviewing for potential client impact.
💡 California Bill Would Exclude Military Retirement Pay From State Taxable Income. Worth reviewing for potential client impact.
💡 AICPA’s Auditing Standards Board Outlines Plans for Short-Term Projects, Long.... Worth reviewing for potential client impact.
💡 Tax Court Grants Tax Relief for Unknowing Spouse. Worth reviewing for potential client impact.
💡 N.J. Accountant Admits to Running a $10 Million Ponzi Scheme. Worth reviewing for potential client impact.
💡 Indiana Adopts No Tax on Tips, Overtime Only for 2026 Tax Year. Worth reviewing for potential client impact.
💡 Accountant for a South Carolina College Stole Thousands of Public Money, Auth.... Worth reviewing for potential client impact.
💡 Fiduciary and Beneficiary Liability for Unpaid Estate Taxes: An Analysis of U.... Worth reviewing for potential client impact.
💡 Tax Consequences of Retroactive Entity Classification on Partnership Contribu.... Worth reviewing for potential client impact.
💡 Washington State House Democrats Push to Strip Corporate Break From ‘Milliona.... Worth reviewing for potential client impact.
💡 Audit Committees Rethink Risk Oversight: Governing Amid Uncertainty with an O.... Worth reviewing for potential client impact.
💡 IRS Gives Taxpayers a More Streamlined Way to Report Tax Fraud and Scams. Worth reviewing for potential client impact.
💡 GASB Seeks Comments on Updated Guidance for Financial Reporting Model Improve.... Worth reviewing for potential client impact.
💡 Trump Tariffs Blocked by the Supreme Court (What’s Next?). Worth reviewing for potential client impact.
💡 Private Health Insurance; Transparency in Coverage; Extension of Comment Period. Worth reviewing for potential client impact.
💡 3 Tips to Prevent Staff Loss After Tax Season. Worth reviewing for potential client impact.
💡 How IRS, AICPA, and FTC Rules Overlap in Outsourcing. Worth reviewing for potential client impact.
💡 Judgment Areas in Financial Reporting That Trigger Restatements. Worth reviewing for potential client impact.
💡 Tax Court Precludes Challenges to Underlying Liabilities in CDP Proceedings: .... Worth reviewing for potential client impact.
💡 An Analysis of Section 743(b) Adjustments, Economic Substance, and Penalties .... Worth reviewing for potential client impact.
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