Insight Alabama: Tailgater Taxability Addressed by Tax Tribunal The Alabama Tax Tribunal recently addressed whether the taxpayer, a tailgating business at the University of Alabama, was subject to rental tax.
Insight Arkansas: Conformity to Certain IRC Provisions Updated House Bill 1953, which was recently signed into law in Arkansas, readopts certain IRC provisions as of January 1, 2019.
Insight New Jersey: Guidance Issued on Section 163(j) Limitations The New Jersey Division of Taxation recently issued Technical Bulletin 87, which provides guidance on the computation of the IRC section 163(j) limitation.
Insight New York: Budget Bills Enacted On April 12, 2019, the New York bills that adopt certain tax changes proposed in the Executive Budget were signed into law by Governor Cuomo.