Insights

Seeking insights into what to expect during the second week of the 2025 federal government shutdown? Explore answers to frequently asked questions.

Learn about California's finalized amendments to Regulation Section 25136-2, which impacts sourcing rules for receipts from services and intangibles.

The new Washington sales tax on IT and digital services, introduced by SB 1854, is effective October 1, 2025. Understand its impact on the tech industry.

Illinois signed three tax amnesty programs into law in June 2025. Explore the new penalty and interest relief available for various tax types and timeframes.

Explore new IRS guidance in Rev. Proc. 2025-28 on applying Section 174A to domestic R&E expenses, with retroactive relief for small businesses.

Learn how Maryland's HB0352 imposes a new 3% sales tax on data, software, and IT services, effective July 1, 2025, and what it means for your business.

Learn how the FDIC aims to ease compliance for over 1,500 community banks by raising audit and internal control thresholds based on inflation.

Learn how Florida's repeal of its commercial rent tax will impact business leases and what steps landlords and tenants should take before October 2025.

Section 70435 of the recent tax reform bill features a tax exclusion for agricultural lenders. Learn about eligible property types and qualifying loans here.

Republicans passed the reconciliation bill on Thursday, allowing President Trump to sign it into law on July 4. Learn more about the final version here.