Follow

Tax Law Defined® Blog Blog

Articles: 1-10 of 280

Kentucky Reclassification of Pipelines for PSC Tax?

USA - January 30 2023 It’s property tax time again, and in the Commonwealth, the Kentucky Department of Revenue (the “Department”) centrally assesses and collects tax on…

Kentucky Tax Bills Kicking Off the 2023 Legislative Session

USA - January 23 2023 Kentucky saw significant movement towards tax reform during the 2022 regular legislative session. Whether it was the phase out of the individual…

Opening a Distillery: Formula and Label Approval

USA - January 4 2023 In the first article of our Distillery Start-Up and Compliance series we focused on giving distillery start-ups the basics in acquiring Tobacco Tax…

More Revenue in Kentucky Means Individual Income Tax Cut For Kentuckians

USA - December 29 2022 The Kentucky General Assembly took its first big steps in eliminating the Kentucky individual income tax this Spring with the passage of House Bill 8…

Finally, Some Clarity and a Big Win for Kentucky Manufacturers on Taxability of Supplies v. Repair, Replacement or Spare Parts

USA - December 16 2022 On December 15, 2022, the Kentucky Supreme Court handed a major win to Kentucky manufacturing taxpayers with its decision in Century Aluminum of…

Opening a Distillery: The Federal Application Process

USA - December 16 2022 One effect of the COVID-19 lockdown was a shift in consumer appetites. The more time consumers spent at home, the more deliveries they received from…

Ohio Tax Talk: One Step Closer To Telework Income Tax Clarity

USA - December 6 2022 On Sept. 26, Ohio’s Cuyahoga County Court of Common Pleas held in Morsy v. Dumas that the city of Cleveland, Ohio, must reimburse all local income tax…

401(k) Limits Increased for 2023

USA - November 18 2022 On October 21, 2022, the Internal Revenue Service issued the cost-of-living adjustments for contributions to 401(k) plans and other retirement plans…

Employee Benefit Plan Year-End Deadlines

USA - November 14 2022 Individuals in the employee benefits space are used to dealing with year-end benefit plan amendments and other deadlines. This year, with the delay of…

Expected Increase to Lifetime Federal Estate Tax Exemption Amount in 2023

USA - October 14 2022 Prior to the effective date of the Tax Cuts and JOBS Act of 2017 (TCJA), the lifetime federal estate tax exemption amount for a single person was $5…