Legislative Updates

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,

Governor Walker’s initial 2013-15 budget released in February 2013 proposed lowering the bottom three individual income tax brackets by $343 million during the two-year period. 

The 2013-15 state budget federalizes state rules pertaining to depreciation, Section 179 expensing, and depletion for property placed in service on or after January 1,

The 2013-15 state budget eliminates the economic development surcharge for farms, partnerships, and individuals beginning in 2013. The economic development surcharge is applied to businesses