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Jeff A. Kieckhafer
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Gregory A. Fletcher
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Michigan Enacts Refundable R&D Tax Credit
On January 13, 2025, Governor Gretchen Whitmer signed bipartisan legislation re-establishing a refundable Research and Development (R&D) Tax Credit as part of the Michigan Innovation…
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Navigating State Tax Nexus in the Digital Age
In today’s interconnected world, understanding state tax nexus is crucial for businesses of all sizes. The concept of nexus, the requisite connection between a business…
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R&D Tax Credit Reporting: New Rules, New Requirements
The federal research and development (R&D) tax credit, while a valuable incentive, has long been known for its complexity. The tax return itself has historically…
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KBF State Income Tax Newsletter – 4th Quarter 2024
KBF’s quarterly newsletter updates clients on state and local income/franchise tax news, developments, and trends. Please note that this information is for discussion purposes only…
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KBF Sales and Use Tax Newsletter – 4th Quarter 2024
Here are recent court rulings, legislation, and administrative changes that have significantly impacted sales tax landscapes across the country. California extended the sales and use…
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California Wildfire Relief: Tax Filing and Payment Deadlines Extended
In response to the devastation caused by recent wildfires, various tax agencies have implemented filing and payment extensions to support affected individuals and businesses in…
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Louisiana Overhauls Tax Code with Sweeping Changes
Louisiana recently enacted a comprehensive tax reform package, significantly altering the state’s tax landscape. Signed into law by Governor Jeff Landry on December 5th, the…
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Louisiana Expands Sales Tax to Digital Goods
Effective January 1, 2025, Louisiana sales and use tax now applies to digital products. The definition of “digital products” includes: Digital audiovisual works Digital audio…
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No Sales Tax on Manufacturing Test Equipment in Virginia
The Virginia Department of Taxation has clarified that testing equipment used during the manufacturing process is exempt from sales tax. This exemption applies to equipment…
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Tennessee Adopts Streamlined Sales Tax Sourcing Rules
Effective July 1, 2024, the Tennessee Legislature adopted the Streamlined Sales Tax sourcing rules for a retail sale of a product from outside of Tennessee…
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North Carolina Repeals Sales Tax Transaction Threshold
Effective July 1, 2024, the North Carolina Department of Revenue removed the number of transactions as a factor in determining economic nexus in the state.…
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Electric Vehicle Charging Considered Taxable Service in Jersey
The New Jersey Division of Taxation issued guidance regarding the taxability of charging an electric vehicle. Charging an electric vehicle is considered a taxable maintenance…
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