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Tax has remained in focus at all levels over the past several years. Included in this update are state and local tax highlights to be aware of in Missouri, Kansas, Illinois, and Tennessee, some of which may present refund opportunities depending upon your location and operations.
RubinBrown analyzed the financial statements for institutions with a fiscal year ending in 2023 and who filed final reports with the Federal Audit Clearinghouse through March 31, 2024 and noted a few trends:
April sports betting handles in our universe of mature and competitive states were down from March following typical seasonality as NCAA basketball tournaments consistently drives a spike in handle that makes for the strongest non-football month of the betting calendar.
Though the pandemic becomes more of a memory each year, some related incentives such as the Employee Retention Credit (ERC) remain in the spotlight.
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