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On Aug. 23, 2018, the Internal Revenue Service issued proposed regulations governing the availability of charitable contribution deductions when a taxpayer expects to receive a corresponding state or local tax credit.

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Pursuant to the South Dakota v. Wayfair ruling, the Michigan Department of Treasury has announced that beginning Oct. 1, 2018, remote sellers, regardless of in-state presence, who meet certain requirements, must pay sales tax on transactions of taxable sales in the state. The Supreme Court decision in June has led to several states enacting new legislation pertaining to the collection of sales tax based on "economic presence".

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As Michigan corporations work through the intricacies of the Tax Cuts and Jobs Act (TCJA) for their

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Michigan's new tobacco tax processing system, "Michigan Automated Tax System" (MiMATS) will begin July 30, 2018. The July 2018 tobacco tax returns will be filed using the MiMATS system and are due Aug. 20, 2018.

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On June 21, the US Supreme Court issued its decision on the South Dakota v. Wayfair case regarding nexus determination for sales tax. In a 5-4 decision favoring South Dakota, the Court overturned judicial precedent dating back 50 years when it concluded Quill (1992) and National Bellas Hess (1967) to be unsound and incorrect.

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On June 21, with a vote of 5-4, the Supreme Court ruled in favor of South Dakota in the court case South Dakota v. Wayfair. This ruling throws out the court's outdated 1992 ruling in Quill Corp. v. North Dakota, which prohibited states from imposing sales tax collection obligations on vendors lacking an in-state physical presence.

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Commencing in 2018, as enacted under the Tax Cuts and Jobs Act of 2017, Congress provided that deductions for state and local taxes are to be capped at $10,000 per married couple. Many high tax states such as California, New York, New Jersey and Connecticut have considered that this was inequitable to their residents, and have passed or are drafting legislation which would allow taxpayers to make payments to state or local municipal charitable organizations in exchange for credit against their real estate or state and local taxes.

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Michigan's new Motor Fuel tax processing system, "Michigan Automated Tax System" (MiMATS) will begin July 30, 2018. With the implementation of the new system, paper returns will no longer be accepted. The last date to file in the current system will be July 20, 2018.

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The Texas Tax Amnesty Program provides delinquent taxpayers with relief from penalties and interest. The Program runs from May 1 - June 29, 2018 and applies to tax periods prior to Jan. 1, 2018.

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2018 Essential Services Assessment (ESA) statements have been generated and are now available to taxpayers via the Michigan Treasury Online (MTO). Statements are not transmitted or mailed to taxpayers. Through MTO, taxpayers can view the statement, view correspondence from Treasury, make changes to the statement, certify the statement, and pay the ESA liability.

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