New Mexico’s gross receipts tax (what the state calls its sales tax) is generally imposed on receipts derived by the seller from performing services in the state; however, a resale of the services is not generally taxable if...more
2/25/2025
/ Compliance ,
Department of Revenue ,
Exemptions ,
Gross Receipts ,
Health Care Providers ,
Healthcare ,
Hospitals ,
Provider Payments ,
Regulatory Requirements ,
State and Local Government ,
State Taxes ,
Tax Credits ,
Tax Liability ,
Taxation
A recent decision by the New Jersey Tax Court held that while taxpayers were required to report undistributed income from “deemed repatriation dividends” on their federal tax returns, they were not required to report that...more
1/29/2025
/ Compliance ,
Corporate Taxes ,
Dividends ,
Income Taxes ,
Internal Revenue Code (IRC) ,
International Tax Issues ,
New Jersey ,
State and Local Government ,
State Taxes ,
Tax Court ,
Tax Liability ,
Tax Planning ,
Tax Returns