Tax News Highlights
Each issue features information on the latest tax developments in an easy-to-scan format to help you keep pace with valuable federal, state and local, and international tax updates.
Recent updates
Now that the House approved its budget reconciliation bill, the bill moves on to the Senate to determine its fate.
The Michigan Supreme Court ruled that unclaimed property audits do not toll the statute of limitations in a win for taxpayers.
The House budget reconciliation bill would substantially limit the PTET deduction and increase tax for some owners of pass-through entities.
The House Ways and Means Committee passed its budget proposal under the reconciliation package, starting the long and likely contentious process.
The community benefit requirement for not-for-profit hospitals is back in the spotlight, and the Lown Institute has released its 2025 report.
House committees are advancing a bill that could expand tax protections for out-of-state businesses, challenging current state tax practices.
Now that the House approved its budget reconciliation bill, the bill moves on to the Senate to determine its fate.
The Michigan Supreme Court ruled that unclaimed property audits do not toll the statute of limitations in a win for taxpayers.
The House budget reconciliation bill would substantially limit the PTET deduction and increase tax for some owners of pass-through entities.
The House Ways and Means Committee passed its budget proposal under the reconciliation package, starting the long and likely contentious process.
The community benefit requirement for not-for-profit hospitals is back in the spotlight, and the Lown Institute has released its 2025 report.
House committees are advancing a bill that could expand tax protections for out-of-state businesses, challenging current state tax practices.
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