IA - Equity investment credit updated The Iowa Department of Revenue has adopted a number of new rules
and amendments to regulations relating to the investment tax credit
for equity investments in a qualifying business...
KS - Taxability of cloud computing transaction discussed A Kansas Department of Revenue opinion letter discusses the
application of retailers’ sales tax to charges imposed by an
application service provider (ASP) on subscribers for...
MO - Capital gains and interest were nonbusiness income Capital gains from the sale of a taxpayer’s interest in a
commercial explosives business and the interest earned on those
capital gains were nonbusiness income for Missouri c...
NE - Homestead exemption reminder issued The Nebraska Department of Revenue is reminding property owners
that the Nebraska property tax homestead exemption application or
certification (Form 458) must be filed with their local county
asse...
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