CCH Tax Day Report The U.S. House of Representatives passed the Mobile Workforce State Income Tax Simplification Act of 2017, which would limit the authority of states to tax wages and other remuneration from employment in other states. If enacted, no part of the wages or other remuneration earned by an employee who performs employment […]

The post All States ~ Corporate, Personal Income Taxes: Mobile Workforce State Income Tax Simplification Act of 2017 Passed by House appeared first on Tax & Accounting Blog.

CCH Tax Day Report Senate Republicans are expected to unveil their version of a Patient Protection and Affordable Care Act (ACA) (P.L. 111-148) repeal and replacement measure on June 22, according to Senate Majority Leader Mitch McConnell, R-Ky. The healthcare reform legislation is expected to repeal most of the ACA- related taxes. Replacement measures are […]

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CCH Tax Day Report The House approved a bipartisan nuclear production tax credit bill on June 20 by voice vote. HR 1551 was approved by the House Ways and Means Committee on June 15 (TAXDAY, 2017/06/16, C.1). HR 1551 would amend Code Sec. 45J to modify the credit for production from advanced nuclear power facilities. […]

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CCH Tax Day Report House Speaker Paul Ryan, R-Wis., delivered what he called his “first major speech on tax reform” at the National Association of Manufacturers (NAM) 2017 Manufacturing Summit on June 20 in Washington, D.C. Ryan discussed both the timeline of reform and some details that will be seen in a yet-unveiled tax reform […]

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CCH Tax Day Report A Wisconsin Department of Revenue news release notes that the Wisconsin sales and use tax exemption for prescription drugs has not changed, and prescription drugs remain exempt. Some Wisconsin residents have been receiving letters from insurance companies or pharmacies indicating that sales of prescription drugs will now be subject to sales […]

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CCH Tax Day Report The State of Washington has asked the U.S. Supreme Court whether an 1855 treaty with an Indian Tribal Nation creates a right for tribal members to avoid state motor fuel taxes on off-reservation commercial activities that make use of public highways. The Court was asked to review a decision of the […]

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