True Partners Insights

Pillar Icon

State & Local Tax Insights

Washington Tax Insight July 2018

Politics and Congressional Activity The announcement by Supreme Court Justice Kennedy that he will retire from the Court as of July 31st will have a significant impact on the agenda for Congress this fall leading up the mid-term elections.  Senate Majority Leader McConnell (R-KY) has already indicated that the Senate will move quickly to consider the nominee from the White House resisting calls from Democrats to defer consideration of the […]

July 9, 2018

The Supreme Court just made state tax filings a lot more complicated…

The Summer Solstice brings the longest day of the year and the official start to summer in the U.S.  This year, however, it also brought a major State Tax heat wave for companies, and likely the longest day at the office for many state tax professionals.  On June 21st, the U.S. Supreme Court, in South Dakota v. Wayfair (No. 17-494, June 21, 2018), abandoned over 50 years of settled law […]

June 22, 2018

Washington Tax Insight June 2018

Politics and Congressional Activity Speculation is growing about whether House Speaker Paul Ryan (R-WI) will step down before the mid-term elections, since he has already announced his retirement at the end of this session of Congress and he has experienced some challenges within his party on recent legislation.  The farm bill was defeated on the House Floor when a group of moderate Republicans and Freedom Caucus members joined Democrats in […]

June 4, 2018