Catalano, Caboor & Co.
Tax Alerts
Tax Briefing(s)
IRS Warns Tax Professionals of Rising Phishing Threats, Urges Vigilance (IR-2025-75)
The IRS has issued a warning to tax professionals regarding a rise in phishing emails and cyber threats aimed at stealing sensitive taxpayer data. This alert has been released as part of the second in...
The IRS has issued a warning to tax professionals regarding a rise in phishing emails and cyber threats aimed at stealing sensitive taxpayer data. This alert has been released as part of the second in...
IRS, Security Summit Starts Summer Series To Fight Tax-Related Identity Theft Threats (IR-2025-73)
The IRS and Security Summit partners launched the summer Protect Your Clients; Protect Yourself campaign on July 1, alongside the Nationwide Tax Forum. The five-week campaign provides biweekly ti...
The IRS and Security Summit partners launched the summer Protect Your Clients; Protect Yourself campaign on July 1, alongside the Nationwide Tax Forum. The five-week campaign provides biweekly ti...
IRS Issues Tips to Help Individuals Identify Scams
The IRS has issued updated guidance to help individuals recognize legitimate communication from the agency and avoid falling victim to scams. As reports of fraud through emails, texts, social media an...
The IRS has issued updated guidance to help individuals recognize legitimate communication from the agency and avoid falling victim to scams. As reports of fraud through emails, texts, social media an...
IRS Provides Indexing Adjustments for Applicable Dollar Amounts (Rev. Proc. 2025-26)
The IRS has issued indexing adjustments for the applicable dollar amounts under Code Sec. 4980H(c)(1) and (b)(1), which are used to determine the employer shared responsibility payments (ESRP). Thi...
The IRS has issued indexing adjustments for the applicable dollar amounts under Code Sec. 4980H(c)(1) and (b)(1), which are used to determine the employer shared responsibility payments (ESRP). Thi...
AL - Town of Blountsville increases general sales and use tax rate
Effective August 1, 2025, the town of Blountsville increases its sales and use tax rate on general items from 2% to 4%. All other local sales and use tax rates in the town of Blountsville remain uncha...
Effective August 1, 2025, the town of Blountsville increases its sales and use tax rate on general items from 2% to 4%. All other local sales and use tax rates in the town of Blountsville remain uncha...
AK - Integrated transmission systems legislation enacted
Alaska has enacted legislation creating new energy incentives by extending tax-exempt statutes to independent power producers. An electricity generation facility or electricity storage facility that i...
Alaska has enacted legislation creating new energy incentives by extending tax-exempt statutes to independent power producers. An electricity generation facility or electricity storage facility that i...
AZ - School tax credit guidance revised
Arizona updated its guidance on personal income tax credits for contributions to schools. The ruling details five credits available to individual taxpayers, including contributions or fees paid to sup...
Arizona updated its guidance on personal income tax credits for contributions to schools. The ruling details five credits available to individual taxpayers, including contributions or fees paid to sup...
AR - Motor fuel tax rates remain unchanged
The Arkansas motor fuel tax rates remain $.247 per gallon for gasoline and $.285 per gallon for clear diesel fuel for the period of October 1, 2025 through September 30, 2026. News Release, Arkansas ...
The Arkansas motor fuel tax rates remain $.247 per gallon for gasoline and $.285 per gallon for clear diesel fuel for the period of October 1, 2025 through September 30, 2026. News Release, Arkansas ...
CA - Extensions available for employers in multiple counties affected by recent storms
Employers in Trinity County directly affected by the late-March 2025 storms and employers in Humboldt, Mendocino, Modoc, Napa, Shasta, Sonoma, and Trinity Counties directly affected by the February 20...
Employers in Trinity County directly affected by the late-March 2025 storms and employers in Humboldt, Mendocino, Modoc, Napa, Shasta, Sonoma, and Trinity Counties directly affected by the February 20...
CO - Electric bicycle credit guidance updated
The Colorado Department of Revenue updated its electric bicycle credit guidance to add additional information relating to registration, new qualified electric bicycles, report due dates, reporting ret...
The Colorado Department of Revenue updated its electric bicycle credit guidance to add additional information relating to registration, new qualified electric bicycles, report due dates, reporting ret...
CT - Changes in economic development-related statutes enacted
Legislation is enacted that makes changes in economic development-related statutes:effective July 1, 2025, and applicable to income and taxable years commencing on or after January 1, 2025, allows a s...
Legislation is enacted that makes changes in economic development-related statutes:effective July 1, 2025, and applicable to income and taxable years commencing on or after January 1, 2025, allows a s...
DE - Budget proposes rate cuts, new brackets, tobacco tax increase
Delaware Gov. Matt Meyer released his budget for fiscal year 2026 that includes proposals to cut personal income taxes and create 3 new tax brackets. The budget also includes a proposal to increase th...
Delaware Gov. Matt Meyer released his budget for fiscal year 2026 that includes proposals to cut personal income taxes and create 3 new tax brackets. The budget also includes a proposal to increase th...
FL - Guidance provided on repeal of tax on commercial rentals
Legislation enacted this year and made effective October 1, 2025, repeals the Florida sales tax imposed on rent or license fees for the use of real property (commercial rentals).Sales Tax on Commercia...
Legislation enacted this year and made effective October 1, 2025, repeals the Florida sales tax imposed on rent or license fees for the use of real property (commercial rentals).Sales Tax on Commercia...
GA - Regulation on state hotel-motel fee updated
Georgia amended the regulation regarding the state hotel-motel fee including several substantive changes. One of the most notable updates is the broadened definition of "Accommodation," which now ex...
Georgia amended the regulation regarding the state hotel-motel fee including several substantive changes. One of the most notable updates is the broadened definition of "Accommodation," which now ex...
HI - Electronic filing mandate announced for employers filing 10 or more forms W-2 and HW-2
Starting January 1, 2026, employers filing 10 or more Forms W-2 and/or HW-2 with the state in a calendar year must electronically file those forms, regardless of their annual Hawaii withholding tax li...
Starting January 1, 2026, employers filing 10 or more Forms W-2 and/or HW-2 with the state in a calendar year must electronically file those forms, regardless of their annual Hawaii withholding tax li...
ID: Reminder issued on exemption for small sellers
daho residents are reminded about previously enacted legislation that provides a sales and use tax exemption for certain small sellers with annual sales of $5,000 or less. The exemption is effective J...
daho residents are reminded about previously enacted legislation that provides a sales and use tax exemption for certain small sellers with annual sales of $5,000 or less. The exemption is effective J...
IL - Reminder issued for out-of-state car purchases
Illinois residents that purchase vehicles in another state owe Illinois sales and use tax if they register and primarily use the vehicle in the state. To avoid double taxation, buyers must obtain an e...
Illinois residents that purchase vehicles in another state owe Illinois sales and use tax if they register and primarily use the vehicle in the state. To avoid double taxation, buyers must obtain an e...
IN - New haven imposes 1% local food and beverage tax
Effective September 1, 2025, the city of New Haven in Indiana imposes a 1% local food and beverage tax. Food and Beverage Tax, Indiana Department of Revenue, July 2025...
Effective September 1, 2025, the city of New Haven in Indiana imposes a 1% local food and beverage tax. Food and Beverage Tax, Indiana Department of Revenue, July 2025...
IA - Rule related to Iowa tax return preparers adopted
The Iowa Department of Revenue adopted a new rule related to continuing education obligations and other requirements Iowa tax return preparers must maintain. The rule also discusses the penalties impo...
The Iowa Department of Revenue adopted a new rule related to continuing education obligations and other requirements Iowa tax return preparers must maintain. The rule also discusses the penalties impo...
KS - Public safety funding authority exceeded
The Kansas Attorney General concluded that a county board of commissioners exceeded its authority by adopting a ballot resolution seeking voter approval for the renewal of a sales tax to fund the cons...
The Kansas Attorney General concluded that a county board of commissioners exceeded its authority by adopting a ballot resolution seeking voter approval for the renewal of a sales tax to fund the cons...
KY - Tax rate reduction announced
Kentucky reduced its state real property tax rate for 2025 to 10.6 cents for each $100 of assessed value. State law requires a reduction in the rate if an increase in assessed value exceeds the previo...
Kentucky reduced its state real property tax rate for 2025 to 10.6 cents for each $100 of assessed value. State law requires a reduction in the rate if an increase in assessed value exceeds the previo...
LA - Department issues updated guidance on firearm safety device credit
The Louisiana Department of Revenue has Issued updated guidance regarding the personal income tax credit for the purchase of firearm safety devices.Prior to 2023, the purchase of such devices had to b...
The Louisiana Department of Revenue has Issued updated guidance regarding the personal income tax credit for the purchase of firearm safety devices.Prior to 2023, the purchase of such devices had to b...
ME - Rural historic properties rehabilitation credit increased for certain expenditures
In 2025, the Maine corporate income tax credit for rehabilitation of historic properties located in rural areas is increased to 35% of certified qualified rehabilitation expenditures, as long as not l...
In 2025, the Maine corporate income tax credit for rehabilitation of historic properties located in rural areas is increased to 35% of certified qualified rehabilitation expenditures, as long as not l...
MD - Guidance on MPU certificates issued
The Maryland Comptroller has issued a sales and use tax techical bulletin explaining the purpose, procedure for requesting, and use of multiple points of use certificates. Technical Bulletin No. 54, ...
The Maryland Comptroller has issued a sales and use tax techical bulletin explaining the purpose, procedure for requesting, and use of multiple points of use certificates. Technical Bulletin No. 54, ...
MA - Assessment reduced for three fiscal years following incorrect valuation determined
The Massachusetts Appellate Tax Board ruled on property tax appeals filed by the appellant, finding overvaluation for fiscal years 2018, 2019, and 2020 but upholding the assessed value for fiscal year...
The Massachusetts Appellate Tax Board ruled on property tax appeals filed by the appellant, finding overvaluation for fiscal years 2018, 2019, and 2020 but upholding the assessed value for fiscal year...
MI - Property unsold at public auction did not give rise to takings claim
There was no violation of Michigan's Takings clause when a foreclosing governmental unit (FGU) placed a property up for auction due to delinquent property taxes and it failed to sell. Under Rafaeli,Â...
There was no violation of Michigan's Takings clause when a foreclosing governmental unit (FGU) placed a property up for auction due to delinquent property taxes and it failed to sell. Under Rafaeli,Â...
MN - Lake vermilion area imposes new lodging tax
Starting October 1, 2025, the Lake Vermilion Area is imposing a new 3% lodging tax. The Minnesota Department of Revenue will administer the tax. Notice, Minnesota Department of Revenue, July 18, 2025...
Starting October 1, 2025, the Lake Vermilion Area is imposing a new 3% lodging tax. The Minnesota Department of Revenue will administer the tax. Notice, Minnesota Department of Revenue, July 18, 2025...
MS - Ridgeland hotel and restaurant tax
Following legislative approval, the city of Ridgeland enacted a tax on hotels, motels, and restaurants within the corporate limits of the city. Effective October 1, 2025, this tax applies at a rate of...
Following legislative approval, the city of Ridgeland enacted a tax on hotels, motels, and restaurants within the corporate limits of the city. Effective October 1, 2025, this tax applies at a rate of...
MO - Only one local government allowed to impose tax on non-medical marijuana dispensaries
The Missouri Supreme Court held that the state constitution allows only one local government to impose a 3% sales tax on non-medical marijuana dispensaries.Article XIV, Sec. 2 of the state constitutio...
The Missouri Supreme Court held that the state constitution allows only one local government to impose a 3% sales tax on non-medical marijuana dispensaries.Article XIV, Sec. 2 of the state constitutio...
MT - Property tax relief legislation signed
Montana Gov. Greg Gianforte signed property tax relief legislation created by H.B. 231 and S.B. 542. A tiered tax rate is created for residential and commercial class 4 property beginning in tax year ...
Montana Gov. Greg Gianforte signed property tax relief legislation created by H.B. 231 and S.B. 542. A tiered tax rate is created for residential and commercial class 4 property beginning in tax year ...
NE - Reminder issued on good life district tax rate change
The Nebraska Department of Revenue has reminded taxpayers that beginning October 1, 2025, the Good Life District (GLD) state sales and use tax rate will increase to 5.5% on all transactions made withi...
The Nebraska Department of Revenue has reminded taxpayers that beginning October 1, 2025, the Good Life District (GLD) state sales and use tax rate will increase to 5.5% on all transactions made withi...
NV - Tax exemption criteria tightened for nonprofit organizations
Nevada's Department of Taxation has revised the criteria for nonprofit organizations to qualify for sales and use tax exemptions, requiring compliance with enhanced standards. In determining whether a...
Nevada's Department of Taxation has revised the criteria for nonprofit organizations to qualify for sales and use tax exemptions, requiring compliance with enhanced standards. In determining whether a...
NH - Parsonage tax exemptions expanded
New Hampshire has expanded property tax exemptions for religious use to include church parsonages that are rented or vacant. Previously, exemptions applied only to parsonages occupied by pastors. Ch. ...
New Hampshire has expanded property tax exemptions for religious use to include church parsonages that are rented or vacant. Previously, exemptions applied only to parsonages occupied by pastors. Ch. ...
NJ - Nonresident partner tax calculation discussed
New Jersey has issued guidance regarding nonresident partner's share of tax calculation for 2024. New Jersey reminds taxpayers that the tax is now based on the total of the nonresident partner’s sha...
New Jersey has issued guidance regarding nonresident partner's share of tax calculation for 2024. New Jersey reminds taxpayers that the tax is now based on the total of the nonresident partner’s sha...
NY - Authorization for Westchester County to impose additional local tax extended
Authorization for Westchester County, New York, to impose an additional local sales and use tax at the rate of 1% is extended until November 30, 2027. Previously, the authorization was scheduled to ex...
Authorization for Westchester County, New York, to impose an additional local sales and use tax at the rate of 1% is extended until November 30, 2027. Previously, the authorization was scheduled to ex...
NC: Guidance issued on weight-based snuff tax, alternative nicotine products tax, and inventory tax
Guidance is issued regarding recently enacted legislation, effective July 1, 2025, that changed the North Carolina excise tax rate methodology for snuff, imposed a new excise tax on alternative nicoti...
Guidance is issued regarding recently enacted legislation, effective July 1, 2025, that changed the North Carolina excise tax rate methodology for snuff, imposed a new excise tax on alternative nicoti...
ND - Local rate changes announced
North Dakota has announced the following local sales and use tax changes effective October 1, 2025: (1) the city of Casselton will increase its maximum tax to $50 per sale; (2) the city of Colfax will...
North Dakota has announced the following local sales and use tax changes effective October 1, 2025: (1) the city of Casselton will increase its maximum tax to $50 per sale; (2) the city of Colfax will...
OH - Brown County decreases tax rate
Ohio has announced a change in the sales and use tax rate for Brown County that will be effective October 1, 2025. The rate will decrease from the current 7.25% to 7.0%. Tax Rates and Changes, Ohio D...
Ohio has announced a change in the sales and use tax rate for Brown County that will be effective October 1, 2025. The rate will decrease from the current 7.25% to 7.0%. Tax Rates and Changes, Ohio D...
OK - Regulations relating to parental choice tax credit created, other regulations amended
The Oklahoma Tax Commission has authorized regulations relating to the Parental Choice Tax Credit program and amended others related to various tax credit programs. Other regulations have been amended...
The Oklahoma Tax Commission has authorized regulations relating to the Parental Choice Tax Credit program and amended others related to various tax credit programs. Other regulations have been amended...
OR - Employer tax credit enacted
Oregon has enacted a nonrefundable tax credit against an employers' unemployment insurance payroll taxes. The credit is available to employers whose 2025 tax rate at least 2.5 percentage point less th...
Oregon has enacted a nonrefundable tax credit against an employers' unemployment insurance payroll taxes. The credit is available to employers whose 2025 tax rate at least 2.5 percentage point less th...
PA - Household income limits for rebate claims increased
Pennsylvania increased household income limits for property tax and rent rebate claims for 2025 by 3.41%. The updated limits and maximum rebates are:$0–$8,550, $1,000 max rebate;$8,551–$16,040, $7...
Pennsylvania increased household income limits for property tax and rent rebate claims for 2025 by 3.41%. The updated limits and maximum rebates are:$0–$8,550, $1,000 max rebate;$8,551–$16,040, $7...
RI - Motor fuel tax increase because of budget
Effective July 1, 2025, the tax rate on gasoline, diesel, and other motor fuels increased to 40 cents per gallon.Although the tax was scheduled to increase to 38 cents per gallon effective July 1, the...
Effective July 1, 2025, the tax rate on gasoline, diesel, and other motor fuels increased to 40 cents per gallon.Although the tax was scheduled to increase to 38 cents per gallon effective July 1, the...
SC - Guidance issued on new jobs credit
South Carolina has issued a revenue ruling intended to address common questions about the new jobs credit, which can be claimed against the corporate income, individual income, bank, and insurance pre...
South Carolina has issued a revenue ruling intended to address common questions about the new jobs credit, which can be claimed against the corporate income, individual income, bank, and insurance pre...
SD - Updated municipal tax rate chart released
South Dakota has released the updated chart for municipal tax rates effective July 1, 2025, through December 31, 2025. The updated chart can be viewed here. Municipal/Special Jurisdiction Tax Rate C...
South Dakota has released the updated chart for municipal tax rates effective July 1, 2025, through December 31, 2025. The updated chart can be viewed here. Municipal/Special Jurisdiction Tax Rate C...
TN - County mineral severance tax rate increases announced
Tennessee announced that the following counties will increase their mineral severance taxes to 20 cents per ton, effective September 1, 2025: Decatur; Lawrence; Lincoln; Overton; Rutherford; and Wayne...
Tennessee announced that the following counties will increase their mineral severance taxes to 20 cents per ton, effective September 1, 2025: Decatur; Lawrence; Lincoln; Overton; Rutherford; and Wayne...
TX - June 2025 certification of the average closing price of gas and oil released
The Texas Comptroller of Public Accounts has determined the average taxable price of crude oil for the reporting period June 2025 is $38.88 per barrel for the three-month period beginning on March 1, ...
The Texas Comptroller of Public Accounts has determined the average taxable price of crude oil for the reporting period June 2025 is $38.88 per barrel for the three-month period beginning on March 1, ...
UT - Multiple locations impose municipal telecommunications license tax
Beginning October 1, 2025, the 24 locations listed in the Utah Tax Bulletin each impose the municipal telecommunications license tax at the rate of 3.5%. Tax Bulletin No. 12-25, Utah State Tax Commis...
Beginning October 1, 2025, the 24 locations listed in the Utah Tax Bulletin each impose the municipal telecommunications license tax at the rate of 3.5%. Tax Bulletin No. 12-25, Utah State Tax Commis...
VT - MFTIA and MFTA rates announced for third quarter of 2025
The Vermont motor fuel transportation infrastructure assessment (MFTIA) rate for the third quarter of 2025 (July to September 2025) is $0.0489, and the motor fuel tax assessment (MFTA) rate is $0.1340...
The Vermont motor fuel transportation infrastructure assessment (MFTIA) rate for the third quarter of 2025 (July to September 2025) is $0.0489, and the motor fuel tax assessment (MFTA) rate is $0.1340...
VA - Reminder issued on upcoming sales tax holiday
The Virginia Department of Taxation issued a reminder about the sales tax holiday being held from August 1 through August 3, 2025. During the holiday period, consumers can buy the following qualifying...
The Virginia Department of Taxation issued a reminder about the sales tax holiday being held from August 1 through August 3, 2025. During the holiday period, consumers can buy the following qualifying...
WA - Taxability of temporary staffing services explained
Beginning October 1, 2025, temporary staffing services are subject to Washington retail sales tax and retailing business and occupation (B&O) tax. The taxability of these services is no longer dep...
Beginning October 1, 2025, temporary staffing services are subject to Washington retail sales tax and retailing business and occupation (B&O) tax. The taxability of these services is no longer dep...
WV - Clay, Franklin, Saint Marys, and Winfield impose local tax in 2026
Effective January 1, 2026, a 1% sales and use tax will apply to purchases made of taxable goods, custom software, and services provided within the municipal boundaries of:Clay;Franklin;Saint Marys; an...
Effective January 1, 2026, a 1% sales and use tax will apply to purchases made of taxable goods, custom software, and services provided within the municipal boundaries of:Clay;Franklin;Saint Marys; an...
WI - DOR bulletin issued
The Wisconsin Department of Revenue has issued Wisconsin Tax Bulletin Number 230 (July 2025). The Bulletin includes:New Tax Laws;Income and Franchise Tax Updates and Reminders;Sales and Use Tax Update...
The Wisconsin Department of Revenue has issued Wisconsin Tax Bulletin Number 230 (July 2025). The Bulletin includes:New Tax Laws;Income and Franchise Tax Updates and Reminders;Sales and Use Tax Update...
WY - Local tax rate changes announced
Wyoming has issued a revised overview of changes in local tax rates effective July 1, 2025, for sales, use, and lodging taxes across various localities. The only change from the chart issued April 1, ...
Wyoming has issued a revised overview of changes in local tax rates effective July 1, 2025, for sales, use, and lodging taxes across various localities. The only change from the chart issued April 1, ...
Catalano, Caboor & Co. is a full service Chicagoland CPA firm located in Lombard, Illinois.
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