CCH Tax Day Report President Trump unveiled his administration’s fiscal year (FY) 2018 budget proposals on May 23. The FY 2018 budget does not elaborate on tax reform measures but reiterates the president’s call for lowering individual and business tax rates, as well as eliminating the Alternative Minimum Tax (AMT) and the federal estate tax. […]

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CCH Tax Research Subscribers Benefit from New EY Tax Library and Content Delivered Through Customized Tracker Email Service (NEW YORK, NY, May 23, 2017) – Wolters Kluwer Tax & Accounting and EY today announced an agreement to provide EY Tax perspective and analysis via the award-winning CCH tax research platforms. The initiative features a new […]

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CCH Tax Day Report Legislation introduced in the Wisconsin Senate would require certain sellers who are not required to collect Wisconsin sales or use tax (remote sellers) to provide an itemized statement to each of their customers in Wisconsin of their sales to the customer in the previous year. This notice requirement would apply if […]

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CCH Tax Day Report A New York City corporate income taxpayer’s protest against a notice of determination was partially denied as it had substantial intercorporate transactions with its related corporations and was, therefore, required to file combined general corporation tax (GCT) returns. The taxpayer was a wholly owned subsidiary of a corporation that had a […]

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CCH Tax Day Report The New York Tax Appeals Tribunal (TAT) has affirmed an administrative law judge’s decision denying a taxpayer’s claim for a personal income solar energy equipment system tax credit because the taxpayer’s ground source heat pump system was not solar energy system equipment as defined in Tax Law § 606 (g-1) (3). […]

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CCH Tax Day Report New Hampshire taxpayers were entitled to a property tax abatement on their fire-ravaged property because the taxpayers were not statutorily precluded from applying for an abatement and had shown good cause for one. The property was struck by lightning in July 14 and burned to the ground, following which the taxpayers […]

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