Legislative Updates

Under previous Wisconsin law, only C corporations were eligible to claim the federal research & development expense credit at the state level. The 2013-15 state

The 2013-15 state budget adopts federal rules for net operating losses for individual income tax.  Beginning in 2014, net operating losses can be carried forward

The 2013-15 state budget creates an appeals process by which a citizen may challenge an unreasonably high municipal fee in the state Tax Appeals Commission

If federal law is changed to allow the collection of state sales taxes on out-of-state retailers (the Marketplace Fairness Act), the 2013-15 state budget requires

Also known as the Manufacturers Tax Credit, the Manufacturing & Agriculture Credit (MAC) was established under the 2011-13 state budget with a phase-in period beginning

Prior to 2001, Wisconsin had automatically updated its state tax code to reflect changes made at the federal level, as many states do.  That year,