For many reasons, October is one of my favorite months.  It marks the last of the year’s tax “busy season.” Fall Foliage throughout the region is coming into full color and there are excellent Oktoberfest feasts to enjoy. As I reviewed my projects for the post October 15th season, however, I became increasingly aware…

Searching for opportunities to reduce our clients’ New Jersey Gross Income Tax costs in the midst of the closing days of our 2014 tax busy season, we revisited one of New Jersey’s relatively recent legislative changes – the Alternative Business Calculation Adjustment. The inability to offset income and losses occurring in different business categories…

In the midst of our busy season, we have come across a recurring issue with Pennsylvania RCT-101 Corporate Tax Reports which could lead to a tax due notice for companies with zero apportionment in the state. In several instances where a return has been filed that has zero business apportionment, Pennsylvania has adjusted the apportionment to…

Each year the joy of Summer seems to more quickly pass into the demands of the Fall.  Perhaps your summer, like mine, is a coveted time to catch up on non-technical reading.  However, last week the New York State Department of Taxation and Finance issued approximately 15 Sales Tax Technical Bulletins and several Technical…

New Jersey’s Fiscal 2015 Budget, signed by Governor Chris Christie on June 30, 2014, includes Assembly Bill 3486 which contains tax provisions that may increase multistate taxpayers’ New Jersey income taxes.  In addition, the bill includes “click-through” nexus provisions that may impose New Jersey sales tax nexus upon non-New Jersey…

As I was finalizing some research addressing a New York nonresident issue, I was pleasantly surprised to discover that the State of New York Department of Taxation and Finance just issued its 2014 Nonresident Audit Guidelines. It appears that these revised guidelines incorporate the State’s view of the ramifications arising from the  recent…

As we launch our 2014 Multistate Tax Road Trip, we will stop periodically at areas that despite their familiarity still warrant our time and attention. Today, we will visit with the concept of nexus. Even in 2014, state tax nexus continues to be a lightning rod for discussion, controversy and concern. Let’s begin our journey with a brief…

The unofficial start of summer 2014 is upon us with the celebration of Memorial Day this weekend. Summer, with its beautiful long days,  is the perfect season for exploration .  For the past 25 years summer  has meant one thing to me: Road Trip! Road trips have always given me an opportunity to refresh…

It’s often the case that we get so caught up in our daily work that we neglect to step back and fully discern the magnitude of a developing situation.  After drafting the past several posts, I realized that a disconcerting pattern was being composed in front of my eyes – one that warrants all multistate…

According to the U.S. Census Bureau, state government tax coffers are overflowing. They rose for the third consecutive year to $846.2 billion in 2013, with total state tax revenues increasing by 6.1% over the year before. It’s a safe bet to say states are pleased with their progress and will use every tool in their…

Got a company jet ready to fly you anywhere at a moment’s notice? The benefits of such a perk are significant. But did you know that leasing or owning a company jet could increase your state taxes?  While there is plenty of guidance on the most tax efficient way to acquire or initiate…

When Governor Cuomo signed New York State’s FY 2014-15 executive budget into law last month, he ushered in sweeping changes to New York’s tax provisions – including some which may increase taxes for Multistate taxpayers. The budget contains several provisions that may benefit multistate taxpayers, especially those who qualify as manufacturers. …

The implications of New York State’s guidance on bulk sales may have far-reaching consequences and could  result in personal liability for the “buyer”  –  even in a transfer that is  technically not a “sale.” In June of 2013, nearly 30 years after New York issued its seminal guidance on bulk sales in

As budget demands for more revenue intensifies, states are employing sophisticated technology to boost tax dollars –a move which has significant implications for multistate taxpayers. States are increasingly using data mining software to examine current taxpayers, discover new taxpayers, verify taxpayer data, and identify taxpayer inconsistencies.  Coupled with the states’ adoption of aggressive nexus…

Understanding the sales tax rate sourcing provisions for states in which you have sales tax nexus is critical in determining the correct sales tax on a transaction.  If you don’t, you could end up charging and collecting the wrong sales tax rate. In general, states employ two sourcing methods, origin and destination.  In states that…