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Nick Furtwengler focuses his practice on state and local tax matters. Read Nick Furtwengler's full bio.
Illinois’ Invest in Kids Tax Credit
By Nick Furtwengler on Dec 18, 2017
Posted In Illinois, Procedure
Overview Illinois’ July 2017 Revenue Bill for the 2018 fiscal year included the Invest in Kids Act (Act), which creates a new program, effective January 1, 2018, that provides up to $75 million in income tax credits for Illinois taxpayers making contributions to eligible organizations that grant scholarships to students attending private and parochial schools...
Illinois DOR Proposes Use Tax Nexus Standards for Trade Show Retailers
By Mary Kay McCalla Martire and Nick Furtwengler on Sep 14, 2017
Posted In Illinois, Local Tax, Nexus, Sales Tax
The Illinois Department of Revenue (Department) has issued a proposed new administrative rule addressing the nexus implications for out-of-state retailers attending trade shows in Illinois. The proposed rule, linked here, reaffirms the Department’s long-standing position that all sales made at an Illinois trade show are subject to Illinois Retailers Occupation Tax and any applicable local...
Illinois Department of Revenue Reaffirms Cloud-Based Services Not Taxable
By Mary Kay McCalla Martire and Nick Furtwengler on May 16, 2017
Posted In Illinois, Sales Tax
In two recent General Information Letters (GILs), the Illinois Department of Revenue (Department) reaffirmed that computer software provided through a cloud-based delivery system is not subject to tax in Illinois. The Department announced that while it continues to review cloud-based arrangements and may determine they are taxable at some point, any decision to tax cloud-based...
Connecticut Limits New Tax Haven Law
By Nick Furtwengler, Richard C. Call and Scott M. Susko on Jan 13, 2016
Posted In Connecticut, Income Tax, Tax Base
In June of 2015, Connecticut passed legislation that implements combined reporting for tax years beginning on, or after January 1, 2016. Part of the new regime, which is codified by Conn. Gen. Stat. P.A. 15-5, § 144 (2015), requires water’s-edge combined groups to include entities incorporated in tax havens in the combined group. Just before...
City of Chicago Debt Relief Program – A Tax Amnesty Opportunity
By Mary Kay McCalla Martire and Nick Furtwengler on Dec 8, 2015
Posted In Illinois, Interest and Penalties, Local Tax
Chicago’s Department of Finance currently is offering an amnesty program called the Debt Relief Program (Program). The Program gives individuals and businesses the opportunity to resolve outstanding debt and avoid certain interest and penalties. The Program is outlined in Article IV of the Management Ordinance enacted with the City of Chicago’s (City’s) Fiscal Year 2016...