Emily Hollingsworth

Reporter with Tax Notes Today State.

[Tax Notes @TaxNotes]

Massachusetts has suspended its sales tax exemption for data centers, joining a growing number of states that have paused their incentives while they study the environmental and economic effects of data center projects.

More from @EmilyHoll9: https://t.co/z9J46g2f8y

[Tax Notes @TaxNotes]

The public will have an opportunity to weigh in on New York City's proposed rules governing the new surcharge on luxury secondary homes.

Read more from @EmilyHoll9: https://t.co/WpKhfVoz94

[Tax Notes @TaxNotes]

.@MassGovernor approved budget legislation that gradually conforms the state's tax code to several expanded federal corporate tax deductions and expands the state's passthrough entity tax (#PTE).

Read more from @EmilyHoll9: https://t.co/7XpUEQP6nO #magov #mapoli

[Tax Notes @TaxNotes]

New York City closed its current budget gap but a $9 billion deficit is looming for fiscal 2028, according to the city comptroller.

Read more from @EmilyHoll9: https://t.co/BSHcrG25G0

[Tax Notes @TaxNotes]

The FIFA World Cup will be a fading memory by the time states know whether their tax policy changes to promote the planet's biggest sporting event paid off.

Read more from @EmilyHoll9: https://t.co/Mcpg5nUBUD

[Tax Notes @TaxNotes]

Sales of honeybees in Iowa are exempt from sales and use tax under newly enacted legislation.

Read more from @EmilyHoll9: https://t.co/238abkDBkg

[Tax Notes @TaxNotes]

An Illinois law banning credit and debit card swipe fees on taxes applied to retail transactions can't be enforced on credit card companies, national banks, and federal savings associations, a federal district court has ruled.

Read more from @EmilyHoll9: https://t.co/Ze02MnNd6y

[Tax Notes @TaxNotes]

A controversial tax on secondary homes in New York City has been approved as part of the state's fiscal 2027 budget.

Read more from @EmilyHoll9: https://t.co/Sd7hiPsNAF

[Tax Notes @TaxNotes]

New York policymakers are poised to expand and extend by a decade a property tax abatement program for condos and co-ops in New York City as part of the state budget.

Read more from @EmilyHoll9: https://t.co/xQD9hW7MGL

[Tax Notes @TaxNotes]

Illinois Senate Republicans are calling for the state to participate in to the federal scholarship tax credit program.

Read more from @EmilyHoll9: https://t.co/cYxc4EOyMa

[Tax Notes @TaxNotes]

From @EmilyHoll9: New York City Comptroller Mark Levine (D) is warning that the city needs adequate reserve funds to withstand potentially significant losses in tax revenue that could follow in the wake of a widespread adoption of artificial intelligence. https://t.co/ouxD1ghBnj

[Tax Notes @TaxNotes]

Legislation recently proposed in Illinois would levy an excise tax on short-term rentals, including those booked through platforms like Airbnb.

Read more from @EmilyHoll9: https://t.co/dAmYwzDiDm

[Tax Notes @TaxNotes]

New York tax professionals and policy organizations have weighed in on a potential proposal to tax cash purchases of homes at $1 million or more in New York City.

Read more from @EmilyHoll9: https://t.co/QoqxpwRWi0

[Phyllis Jo Kubey @PKubeyEA]

Stay tuned...@taxnotes @EmilyHoll9

[Tax Notes @TaxNotes]

New York’s governor announced a preliminary budget agreement that includes an expanded child and dependent care credit and a tax on secondary homes in New York City, but the Assembly speaker tells a different story.

Read more from @EmilyHoll9: https://t.co/ZaMcDMjZTI

[Tax Notes @TaxNotes]

New York City’s mayor and city council speaker are urging state policymakers to lower the city’s passthrough entity tax credit, but the governor says a passthrough tax change is off the table.

Read more from @EmilyHoll9: https://t.co/apG0QzrHRa

[Tax Notes @TaxNotes]

Illinois voters aren’t likely to see a 3 percent millionaire’s tax on the November ballot because the resolution proposing the tax has stalled in the House.

Read more from @EmilyHoll9: https://t.co/GMKZUMivy8

[Lauren Loricchio @LaurenLoricchio]

ICYMI: The IRS has begun the process of firing a special agent leading investigations into abuse of Malta pension plans and Puerto Rico tax incentives, raising questions about the future of those enforcement efforts.

Read the story for free @taxnotes: https://t.co/Q1LA529vJ5

[Patrick Camuso, CPA @PatrickCamuso]

@TaxNotes published a piece today on New York's lawsuit against Coinbase and Gemini Titan over prediction market regulation and taxation.

I'm quoted on the two approaches states are taking with the gaming classification route, which is what New York is doing, and the independent excise tax approach that Kentucky and Iowa are pursuing.

The core observation is that states with established sports betting tax infrastructure have a fiscal incentive to bring prediction market activity inside their existing frameworks, regardless of how the federal preemption litigation resolves.

Piece by @EmilyHoll9 : https://t.co/ZEfR3qKQ2T

[Lauren Loricchio @LaurenLoricchio]

Check out the latest @TaxNotes investigation from Paul Jones and @EmilyHoll9

Unwatched: How State Audit Selection Systems Bypass Oversight

https://t.co/45q6kOAx40