State & Local
-
January 28, 2025
Minn. Tax Panel Advances 30-Day Nonresident Safe Harbor
Minnesota would allow a 30-day safe harbor against state income tax liability for some nonresidents who work in the state short term, under legislation advanced by the Senate Taxes Committee.
-
January 28, 2025
Ohio Board Nixes Bid To Cut Regal Theater's Value
The Ohio Board of Tax Appeals rejected arguments that a Regal Cinemas property's value should be cut to $4 million from $11.6 million, saying the property owner didn't show that a county appraiser's valuation based on leases and rents of similar properties across seven states was flawed.
-
January 28, 2025
Ore. Home's Value Can't Be Retroactively Upped, Court Says
An Oregon county cannot retroactively increase a home's assessed value just because an error was made when inputting the size of an addition, the state Tax Court ruled.
-
January 28, 2025
Tax Group Of The Year: Cravath
Cravath Swaine & Moore LLP helped secure high-profile mergers and acquisitions for major media and communications companies in 2024, having played key roles in Paramount's $28 billion merger agreement with Skydance Media and a separate deal involving Verizon Communications, earning the law firm a spot among the 2024 Law360 Tax Groups of the Year.
-
January 28, 2025
Ind. Office Building's Value Raised By Tax Board
The Indiana Board of Tax Review increased the valuation of a three-story office building for tax years 2021 and 2022, agreeing with a study of comparable properties in the area presented by the local assessor.
-
January 28, 2025
Hawaii Senate Bill Would Create New Top Tax Bracket
Hawaii would create a new income tax bracket to impose a higher rate on joint income over $1.9 million beginning in 2030 under a bill that passed first reading in the state Senate.
-
January 28, 2025
Ind. Tax Board Says Church's Rented-Out Home Is Taxable
An Indiana church that owns a rental property can't claim a property tax exemption for the home, the state Board of Tax Review said in a final determination.
-
January 28, 2025
Ariz. Senate Panel OKs Plan To Bar Property Tax On Crypto
Arizona would exempt cryptocurrency from property taxation if a pair of measures approved by a state Senate panel is enacted and voters approve a ballot measure proposed for 2026.
-
January 28, 2025
Hawaii Bill Would Offer Additional Film Tax Credit
Hawaii would allow qualifying film productions to claim an additional credit equal to 5% of production costs if the project uses production facilities in the state under a bill that passed a first reading in the state Senate.
-
January 28, 2025
Ariz. Senate Panel OKs Path For Crypto Payments Of Tax
Arizona would authorize its agencies to enter agreements to accept cryptocurrency for tax and other payments under legislation approved by a state Senate committee.
-
January 28, 2025
SC General Revenue Collection Through Dec. Up $739M
South Carolina's general revenue collection from June through December was $739 million higher than during the same period last year, according to the state Board of Economic Advisors.
-
January 28, 2025
Hawaii Bill Seeks Credit For Building With Hemp Material
Hawaii would allow a corporate income tax credit for the cost of construction of a structure if it is made at least partially with hemp material under a bill that passed a first reading in the state Senate.
-
January 28, 2025
Colo. Delivery Fee Targeted By Proposed Ballot Measure
Colorado would end its 29-cent fee on retail deliveries under a draft voter initiative proposed for the 2026 statewide ballot.
-
January 28, 2025
Maine Tax Revenues Through Dec. Up $32M Over Estimates
Maine's total tax revenue collection from June through December beat estimates by $32 million, according to a report released Tuesday by the Department of Administrative and Financial Services.
-
January 28, 2025
Ariz. Panel OKs Nonresident Real Estate Gains Tax Reports
Arizona's tax department would report on the capital gains taxes paid by nonresidents under legislation advanced by a state Senate panel.
-
January 28, 2025
NY Assembly Bills Seek Tax On Vacant Land, Buildings In NYC
New York City would be permitted to impose taxes on certain vacant land and vacant residential properties under a pair of bills introduced in the New York state Assembly.
-
January 27, 2025
Late Filings Didn't Stymie Tax Challenges, Conn. Justices Say
Failing to file timely appraisals on commercial properties valued over $1 million was not fatal to several owners' tax assessment challenges under a new state law, the Connecticut Supreme Court ruled Monday, agreeing that a trial judge properly reopened the cases months after a missed deadline.
-
January 27, 2025
Ind. Gov. Orders Analysis Of Nonprofit Hospitals' Tax Breaks
Indiana's governor issued an executive order requiring an analysis of nonprofit hospitals operating in the state to evaluate the tax-exempt benefits they received compared with the amount of charity care they provided.
-
January 27, 2025
NJ Shortens Window For Use Of Redevelopment Tax Credits
New Jersey reduced the time in which tax credits for certain mixed-use and commercial real estate redevelopment projects must be used after approval as part of a bill signed by Gov. Phil Murphy.
-
January 27, 2025
Md. Tells 4th Circ. Digital Tax Doesn't Defy 1st Amendment
Maryland's digital advertising tax doesn't violate the First Amendment, the state comptroller told the Fourth Circuit, urging it to affirm a court decision throwing out a challenge to the tax by the U.S. Chamber of Commerce and others.
-
January 27, 2025
Ariz. Bill Would Make Corporations Disclose Tax Info
Arizona would require publicly traded corporations to file tax disclosures with the state's corporation commission that would be made available to the public under a bill introduced in the state House of Representatives.
-
January 27, 2025
Wis. Man Can't Claim Biz Losses, Tax Board Says
A Wisconsin man was correctly denied an attempt to deduct business losses from his purported consulting firm as he wasn't able to show that the business existed, the state's Tax Appeals Commission said in an order released Monday.
-
January 27, 2025
Md. House Bill Would Stop Motor Fuel Tax Increases
Maryland would no longer raise its motor fuel tax annually to adjust for inflation under a bill introduced in the state House of Representatives.
-
January 27, 2025
Md. Senate Bill Would Bar Taxes On Vehicle Miles
Maryland would prohibit state and local taxes or fees based on vehicle miles traveled under a bill introduced in the state Senate.
-
January 27, 2025
Mo. Elderly Housing Property Ruled Tax-Exempt
A Missouri apartment building made up of low-income units for elderly residents is exempt from tax because it is used for charitable purposes, the state tax commission ruled.
Expert Analysis
-
How Methods Are Evolving In Textualist Interpretations
Textualists at the U.S. Supreme Court are increasingly considering new methods such as corpus linguistics and surveys to evaluate what a statute's text communicates to an ordinary reader, while lower courts even mull large language models like ChatGPT as supplements, says Kevin Tobia at Georgetown Law.
-
Local Taxes And Repercussions: SALT In Review
From a study of local taxes to news that corporations will relocate to tax-friendlier places, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
-
Financial Incentives May Alleviate Affordable Housing Crisis
There is a wide array of financial incentives and assistance that the government can provide to both real estate developers and individuals to chip away at the housing affordability problem from multiple angles, say Eric DeBear and Madeline Williams at Cozen.
-
Why Attorneys Should Consider Community Leadership Roles
Volunteering and nonprofit board service are complementary to, but distinct from, traditional pro bono work, and taking on these community leadership roles can produce dividends for lawyers, their firms and the nonprofit causes they support, says Katie Beacham at Kilpatrick.
-
Firms Must Offer A Trifecta Of Services In Post-Chevron World
After the U.S. Supreme Court’s Loper Bright Enterprises v. Raimondo decision overturning Chevron deference, law firms will need to integrate litigation, lobbying and communications functions to keep up with the ramifications of the ruling and provide adequate counsel quickly, says Neil Hare at Dentons.
-
5 Tips To Succeed In A Master Of Laws Program And Beyond
As lawyers and recent law school graduates begin their Master of Laws coursework across the country, they should keep a few pointers in mind to get the most out of their programs and kick-start successful careers in their practice areas, says Kelley Miller at Reed Smith.
-
Portland's Gross Receipts Tax Oversteps City's Authority
Recent measures by Portland, Oregon, that expand the voter-approved scope of the Clean Energy Surcharge on certain retail sales eviscerate the common meaning of the word "retail" and exceed the city's chartered authority to levy tax, say Nikki Dobay at Greenberg Traurig and Jeff Newgard at Peak Policy.
-
How Law Firms Can Avoid 'Collaboration Drag'
Law firm decision making can be stifled by “collaboration drag” — characterized by too many pointless meetings, too much peer feedback and too little dissent — but a few strategies can help stakeholders improve decision-making processes and build consensus, says Steve Groom at Miles Mediation.
-
Assessing The Practicality Of Harris' Affordable Housing Plan
Vice President Kamala Harris' proposed "Build the American Dream" plan to tackle housing affordability issues takes solid recommendations into account and may fare better than California's unsuccessful attempt at a similar program, but the scope of the problem is beyond what a three-point plan can solve, says Brooke Miller at Sheppard Mullin.
-
Litigation Funding Disclosure Key To Open, Impartial Process
Blanket investor and funding agreement disclosures should be required in all civil cases where the investor has a financial interest in the outcome in order to address issues ranging from potential conflicts of interest to national security concerns, says Bob Goodlatte, former U.S. House Representative for Virginia.
-
What NFL Draft Picks Have In Common With Lateral Law Hires
Nearly half of law firm lateral hires leave within a few years — a failure rate that is strikingly similar to the performance of NFL quarterbacks drafted in the first round — in part because evaluators focus too heavily on quantifiable metrics and not enough on a prospect's character traits, says Howard Rosenberg at Baretz+Brunelle.
-
Replacing The Stigma Of Menopause With Law Firm Support
A large proportion of the workforce is forced to pull the brakes on their career aspirations because of the taboo surrounding menopause and a lack of consistent support, but law firms can initiate the cultural shift needed by formulating thoughtful workplace policies, says Barbara Hamilton-Bruce at Simmons & Simmons.
-
Planning Law Firm Content Calendars: What, When, Where
During the slower month of August, law firms should begin working on their 2025 content calendars, planning out a content creation and distribution framework that aligns with the firm’s objectives and maintains audience engagement throughout the year, says Jessica Kaplan at Legally Penned.