Marilyn A. Wethekam

10/20/20 Over the last three years, state conformity--or decoupling--from key provisions of the TCJA has resulted in a wide range of outcomes among the states. This panel, including Marilyn A. Wethekam, will review the status of state conformity (or non-conformity) with GILTI, interest deduction limitations, bonus depreciation, NOLs and FDII. The panelists will also discuss planning, compliance and audit issues…

10/27/20 2:10PM CT Join Marilyn A. Wethekam, and other panelists, on this webinar discussing how more than two years after the enactment of the “Tax Cuts and Jobs Act” of 2017, we continue to learn the state tax consequences of this historic change in US international taxation. The subsequent federal and state government response to COVID-19, including the Coronavirus Aid,…

9/15/20 3:00PM - 4:30PM ET Join Marilyn A. Wethekam and Helen Hecht of the Multistate Tax Commission for "The Legal Landscape of 2020". This webinar, a part of the FTA Talks: Celebrity Speakers series, provides easy access to the unique challenges, successes and methodologies of immediate interest to a tax administrator. This discussion will include a Q&A section and will…

8/26/20 Join Marilyn A. Wethekam and Jordan M. Goodman for a look around the country on the relevant cases that affect taxpayers in the income tax, sales tax and franchise tax arenas. This webinar will be held for the Dallas TEI community. Learn more about the Dallas Chapter of Tax Executives Institute here.…

8/25/20 3:00PM - 5:15PM ET CPE/CLE Credit Join Marilyn A. Wethekam and Jordan M. Goodman for a discussion about TCJA hosted by COST. This webinar is open to industry tax professionals from COST member companies and industry tax professionals from non-COST member companies. Practitioners are not eligible to attend this seminar (except for those sponsoring or speaking). This webinar will…

In her excerpt from the first installment of Board Briefs in 2020 from Tax Notes State, Marilyn addresses tax issues related to the digital economy. Download the full article by Tax Notes State here. In the words of that great philosopher Snoopy, “When you can’t control what’s happening around you, challenge yourself to control the way in which you respond.”…

In her excerpt from the first installment of Board Briefs in 2020 from Tax Notes State, Marilyn addresses tax issues related to the digital economy. Download the full article from Tax Notes State here. Generally, you cannot put a square peg in a round hole. However, that is precisely what may be occurring as a result of the meteoric growth…

Read the full article on Tax Notes here (subscription required). Marilyn Wethekam discusses how federal tax reforms do not always coincide with state tax policies. Download the full article here. The 2017 enactment of the Tax Cuts and Jobs Act made significant changes to the federal tax system. One of the drivers for the reform was to make the United States…

Disclosing tax return information has always been a dicey topic. Under the guise of transparency, there have been several proposals by tax advocates over the years to disclose tax information. The focus of these proposals has generally been on the taxes paid by corporate America and the use of tax planning strategies. As a general principle, this type of limited…

Should states embrace GILTI? Marylin Wethekam gives her opinion: "While the rationale for GILTI may work at the federal level, its adoption at the state level raises several issues and concerns." Read the full brief here.

Download the full article by Tax Notes State here. The U.S. Supreme Court will continue to look to the analysis in Quill Corp. v. North Dakota for due process clause purposes, according to Multistate Tax Commission Uniformity Counsel Helen Hecht. The topic came up during a September 15 webinar hosted by the Federation of Tax Administrators. FTA Deputy Director Verenda…

In this discussion of the policy considerations of expanding state False Claims Act to taxes, Nikki E. Dobay and Stephanie T. Do interviewed four state and local tax experts who have experience with the ramifications of state false claims acts: Marilyn A. Wethekam, Helen Hecht, uniformity counsel and Brian Hamer, counsel to the Multistate Tax Commission and David Pope, partner…

State and local governments are trying to apply older tax laws to modern technologies such as streaming services. This one-size-fits-all ideology of the decades-old regulations leaves the law on shaky ground. Marilyn Wethekam discussed how shoehorning old tax laws to modern business services can be a setback at the Multistate Tax Commission's annual meeting in Boise, Idaho. "Ordinances and statutes…

This award is presented to one or more individuals who have made outstanding contributions to the Institute over an extended period of time. Examples of the activities for which this award has been previously given include sustained and substantial contributions to one of the Institute's designations or educational programs. Learn more about the Institute for Professionals in Taxation here. …

An article published by Checkpoint discusses how states are responding to the South Dakota v. Wayfair  decision. Less than six months after the U.S. Supreme Court overturned the physical presence rule for sales and use tax nexus with its ruling in South Dakota v. Wayfair, the vast majority of states have enacted or announced economic nexus policies, and the trend…

The New Mexico Office of Administrative Hearings granted Conagra Foods? Motion for Summary Judgment concluding the interest earned on notes was properly characterized as non-business income.

Today marks the first time in over two years that Illinois will be operating under a budget. This is a result after the House voted to override Governor Rauner?s veto of Senate Bill 9. The House garnered the necessary votes to end the two year stalemate full of political puffery and sparring. Some of the relevant changes that Illinois? taxpayers should be aware of are noted below. All changes are effective July 1, 2017, unless otherwise noted.

A recent Chief Counsel?s Ruling issued by the California Franchise Tax Board illustrates the issues and potential opportunities that arise as a result of adopting a factor presence nexus standard.

Increasingly, taxpayers are seeing the imposition of penalties on deficiency assessments. In fact in a number of situations the imposition of the penalty is automatic upon the issuance of the assessment. The penalties, which may range from 20% to 25% of the liability, are imposed for late payment or underpayment of taxes. Such penalties are generally imposed without taking into consideration the fact there is a lack of guidance or legal authority with respect to the substantive issue which gave rise to the tax underpayment...