New and Revised Tax Provisions Impacting Virginia Taxpayers and Businesses

Summary of Virginia’s 2025 revised tax provisions During Virginia’s 2025 legislative session, several income tax related changes were made that impact both individual and business taxpayers. Below is a summary of the key provisions. Temporary pause on rolling conformity to the Internal Revenue Code Virginia’s practice of “rolling” conformity—automatically aligning state tax law with federal … Continue reading New and Revised Tax Provisions Impacting Virginia Taxpayers and Businesses