This is the third post in a four-part series spotlighting Checkpoint by RIA.
Checkpoint’s state and local reporters is a useful resource that allows you to search for tax documents for the fifty states. It includes statutes, explanations, regulations, cases, forms, and a weekly newsletter.
To access this resource for Texas, click the “Home” tab on the top bar. Under the section “My Quick Links” click the link “State & Local Reporters.” Select “Texas” and click “Next.” This feature allows you to select a state, the type of tax, and the type of document you are looking for. Further, this search tool allows you to narrow the results by keywords.
As an example, say a client asks you a trust question: Who pays the income tax, the income beneficiary or the principle beneficiary?
Begin by selecting “Estate & Gift taxes” under the “Select Tax Types” section and “Statutes” under the “Select Document Type” section. Next, under the “Keywords” search box type “income tax,” and click “Search.”
In our results we can see Texas Property Code Annotated Section 116.205 Income Taxes.
Selecting the “Income Tax” link will take you to the text of the Texas Property Code Section 116.205, which will allow you to answer your client’s question.
Access to Checkpoint by RIA database is available through the Texas Tech Law Library website under the Electronic Databases tab.