Businesses need to be aware of recent shifts in states' approaches to unclaimed property and assess their compliance efforts and risk exposure.
This article was originally published in Bloomberg Law.
Copyright 2024 Bloomberg Industry Group, Inc. (800-372-1033) www.bloombergindustry.com. Reproduced with permission.
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The Oklahoma Tax Commission released a letter ruling explaining when remote sellers with inventory in the state have sales tax nexus.
The new Disaster Related Extension of Deadlines Act offers filing and payment relief for taxpayers affected by natural disasters.
The IRS and Treasury released interim guidance on optimizing the OBBBA bonus depreciation deduction, leaning on the regulations in the TCJA.