CCH Tax Day Report President Trump has nominated David J. Kautter to be the Treasury’s next assistant secretary for tax policy, the White House announced on May 10. Kautter’s current position is partner-in-charge with RSM US LLP, a tax and consulting services firm. Previously, Kautter served as the managing director of Kogod Tax Center, an […]

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CCH Tax Day Report The Texas sales tax holiday for purchases of energy-efficient appliances and water-efficient and water-conserving products will take place during the Memorial Day Weekend, from May 27 (Saturday) through May 29, 2017 (Monday). Energy Star Products The following energy-efficient products that display the Energy Star logo can be purchased tax free: qualified […]

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CCH Tax Day Report Legislation passed by the Pennsylvania House of Representatives would require certain out-of-state sellers to notify purchasers in Pennsylvania that sales or use tax is due on their nonexempt purchases and that the tax must be paid on the purchaser’s tax return. The notice requirement would apply to remote sellers, i.e., vendors […]

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CCH Tax Day Report Dishonored tax payments made by electronic funds are subject to Alabama personal income tax penalty provisions. H.B. 87, Laws 2017, effective October 1, 2017

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CCH Tax Day Report Several Republican senators are remaining noncommittal about whether all taxes related to the Patient Protection and Affordable Care Act (ACA) (P.L. 111-148) will be repealed under the Senate’s initiative to reform health care. The Senate is said to be crafting its own version of an ACA repeal and replace bill, rather […]

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CCH Tax Day Report The North Carolina House of Representatives is considering Senate legislation that would amend the North Carolina Constitution to reduce the maximum personal income tax rate from 10% to 5.5%. If the measure is approved by 60% of the members of both houses of the General Assembly, it would be submitted to […]

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