Abandoned and Unclaimed Property Quarterly
States escalate enforcement of unclaimed property laws with interest and penalties.
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Aircraft Quarterly Newsletter – Q2 2025
This new quarterly version of our aircraft newsletter discusses potential impacts of bonus depreciation, tariffs, and Washington's new luxury tax on the aircraft industry.
US State Income Tax Digest - June 2025
Highlighting significant income and business tax developments
Minnesota enacts income, sales, and MinnesotaCare tax changes
Enacted Minnesota tax changes include a partially refundable R&D credit.
Phasing out the penny: Preparing for a currency shift without clear rules
Phasing out the penny: Preparing for a currency shift without clear rules
Indirect Tax Digest - June 2025
The US Indirect Tax Digest highlights significant sales and use tax legislative enactments, regulatory adoptions, judicial decisions, and administrative guidance.
Senate Finance Chairman Crapo releases substitute for House-passed tax package
Senate Finance Committee Chairman Mike Crapo released a 549-page substitute tax amendment intended to modify the tax provisions approved by the House as part of H.R. 1.
Texas legislation enhances R&D franchise tax credit, repeals R&D sales and use tax exemption
Texas legislation sent to Governor Greg Abbott (R) on June 1 provides for an enhanced research and development (R&D) franchise tax credit.
PwC’s US Tariff Industry Analysis: An update on the current impact to companies
PwC's latest Tariff Industry Analysis examines President Trump's reciprocal tariffs and the mitigation strategies that companies are considering.
IRS notice on CAMT compliance and estimated tax penalty relief
The IRS has issued Notice 2025-27, providing significant interim guidance on the application of the corporate alternative minimum tax (CAMT).
Illinois budget includes income, sales, and excise tax revisions
Budget-related tax legislation passed by the Illinois General Assembly on June 1 includes significant tax changes.
H.R. 1 heads to the Senate: Key proposals for family offices and high net worth individuals
Key proposals for family offices and high net worth individuals in H.R. 1
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