Upcoming National Meeting

2023 Property Tax Workshop

This two and a half day Workshop will cover the latest property tax issues and trends companies are dealing with in 2023 and will deal with in the future – including an in-depth review of the latest developments in property tax legislation and litigation throughout the U.S. Presenters will be leading experts in the property tax field. Only employees of COST member and non-COST member companies ar

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Newsletters & Media

Cost Conscious

ISSUE 23-11; June 2, 2023

Tracking Ongoing Audits – Recently on the Member’s Forum a member asked about software others are using to track their ongoing audits. Although tracking audits using an Excel spreadsheet is currently working for the requestor’s company, they are wondering if there is a better way. Which of the following does your company use to track ongoing audits?


Bloomberg TAX

IRS News Release: Announces Reminder of Late Filing Penalty, Tax Payment Options (IRC §6651)

June 09, 2023

A reminder that taxpayers who missed the April 18 tax deadline and owe taxes should file and pay by June 14, to avoid a larger late-filing penalty, the IRS announced June 9. The IRS also reminded taxpayers about penalty relief that may be available for some taxpayers, and options if they are unable to pay. The IRS said some taxpayers automatically get more time to file, such as members of the military serving in combat zones, taxpayers living outside the U.S., and those living in declared disaster areas. [IR-2023-113 (June 9, 2023)]

IRS Warns Many College Athlete NIL Funders Won’t Be Tax-Exempt

June 09, 2023

Many organizations created to fund name, image, and likeness deals for college student-athletes will not be considered tax-exempt, the IRS said in a memo Friday.

Crypto Mine Unionizing Campaign Reaches Federal Labor Board

June 09, 2023

A union seeking to represent workers at a cryptocurrency mine in central Pennsylvania filed a petition with the National Labor Relations Board, which could force a union election at the facility.

Michigan Property Tax Break Rightly Denied, Appeals Court Says

June 09, 2023

A Michigan man won't get a principal residence exemption for his home in Kalamazoo after a divided appeals court upheld the tax court's ruling against him.

NY Opportunity Zone Decoupling Effort Falls Short in Assembly

June 09, 2023

A bill to completely disconnect New York's tax code from the federal opportunity zone program fell short as the legislative session is set to end.

EU Wealth Tax Debate Heats Up As Governments Search for Revenue

June 09, 2023

Calls for a wealth tax are growing louder in Europe, but policymakers say they need to be better designed to help governments raise much-needed revenue.

Tax Court Case Numbers Normalizing After Pandemic Drop and Spike

June 09, 2023

Petitions filed at the US Tax Court are approaching "more normal numbers" after declining and then skyrocketing during the pandemic, according to the court's chief judge.

Ulmer & Berne Adds Associate to Cleveland Tax Practice Group

June 09, 2023

Giulia M. Di Cenzo has joined Ulmer & Berne as an associate in the tax practice group in the Cleveland, Ohio office, the firm said Friday.

IRS ’Considering Options’ for Conservation Easement Settlements

June 09, 2023

The IRS is considering a new conservation easement settlement initiative as it works to resolve several hundred cases, said IRS Deputy Chief Counsel Drita Tonuzi.

OECD Releases Final Crypto Reporting Plan For Domestic Adoption

June 09, 2023

Countries can begin implementing the OECD's plan for tax authorities to regulate and share information on crypto assets, now that it has the stamp of approval from the organization's ministers.

Featured Resources

COST - Council on State Taxation

Amicus Briefs

ADP v. Arizona Department of Revenue

On May 19, 2023, COST filed an amicus brief asking the Arizona Supreme Court to accept ADP’s Petition for Review of its transaction privilege tax case addressing the taxability of SaaS as a “rental” of “tangible personal property.”

COST - Council on State Taxation

COST Studies, Articles & Reports

State Digital Services Taxes: A Bad Idea Under Any Theory (Tax Notes State, April 10, 2023)

COST’s Karl Frieden and Doug Lindholm authored an article that appears as the cover story in the April 10 edition of Tax Notes State entitled “State Digital Services Taxes: A Bad Idea Under Any Theory.” In this comprehensive review, they critique the policy arguments made in favor of digital services taxes (DSTs) by a number of law and economics professors and explain why each one fails to provide

COST - Council on State Taxation

COST Comments & Testimony

Testimony in Opposition to S.B. 465 – Real Time Sales Tax System

COST submitted testimony in opposition to Nevada S.B. 465, which appropriates funds to the Department of Taxation to provide a feasibility study and to request proposals for a so-called “real-time” sales tax point-of-sale system in Nevada.