This section covers tax practice issues and resources related to state and local taxation, and includes professional standards and ethics, legislation, regulation, and administration, tools and aids, and useful Web site links.
AICPA Nexus, Multistate Tax, and State Net Operating Loss Issues Practice Guides
This practice guide was developed by the AICPA State and Local Taxation Technical Resource Panel to inform practitioners about state corporate income and franchise tax issues, such as nexus, multistate tax, and state net operating losses. Learn More>>
Unique Considerations for State Business Tax Returns
Unique Considerations for State Individual Returns
AICPA's Business Activity Matrix for Determining Nexus With States
This State Business Activities Matrix aids practitioners in documenting the types of activities taking place in various states and in applying the income and franchise tax nexus doctrines to each state's activities. Learn More>>
AICPA Practice Guide: Voluntary Disclosure Programs
Voluntary disclosure programs (VDPs) allow taxpayers that have failed to file returns and pay state taxes to come forward and cure delinquencies. These programs have become increasingly popular in recent years, and states have begun to dedicate resources to manage and market their programs to taxpayers and tax practitioners. Learn More>>
Pocket Guide to the Internet Sales and Use Tax Debate
This eight-page guide communicates the essential issues surrounding sales and use taxation of Internet merchandise. It combines narrative, examples and Q&A to help a general readership understand this confusing topic. Learn More>>
AICPA Urges MTC to Revise Its Reporting Proposal for Pass-Through Entities
Although the AICPA favors the voluntary, uniform composite filing options as outlined in the Proposal, it believes that mandatory withholding at the entity level will create undue administrative complexity and result in unfair and unconstitutional taxation of non-residents. Learn More>>
Sales and Use Tax Reverse Audits
In a sales and use tax audit, a state revenue auditor reviews a business to determine if state sales and/or use taxes were properly collected and paid. A sales and use tax "reverse audit," which is conducted by tax practitioners, is similar in many ways to the state government's review, but it seeks to identify and recover tax overpayments remitted to suppliers or filed directly as a self-assessment of use tax. Learn More>>
529 State Savings Plans
A state savings plan is a type of qualified tuition program (the other type is a prepaid tuition plan) established under Section 529 of the Internal Revenue Code. State savings plans are established by states and typically managed by an experienced financial institution designated by the state. Learn More>>