Arkansas Creates the Independent Tax Appeals Commission

In a landmark development for the Arkansas tax system, Governor Hutchinson has signed Act 586 (HB1468) to establish an independent Arkansas Tax Appeals Commission. The legislation was sponsored by Rep. Joe Jett and Sen. Blake Johnson and also closely supported by Sen. Jonathan Dismang. The Commission will provide a neutral panel of experienced tax professionals to hear and resolve taxpayer disputes with the Department of Finance and Administration (DFA). It will be established by July 2022 and will begin hearing cases in January 2023. [More]

Arkansas Taxpayer Alert: Troubling Local Sales Tax Disclosure and Reporting Bill (SB293)

Arkansas business taxpayers should be concerned about SB293, which would dramatically change administration of certain sales tax refunds and rebates to require disclosure to local cities and counties. This would substantially erode taxpayer confidentiality protections and the additional compliance costs will likely cost taxpayers millions of dollars. Concerned taxpayers may wish to contact their legislators — the bill is scheduled to be heard by Senate Revenue & Tax tomorrow, February 24. [More]