State & Local
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February 11, 2025
Ky. Revenue Through Jan. Up $197M From Last Year
Kentucky's general revenue collection from July through January was $197 million higher than the total for the same period last fiscal year, according to the Office of State Budget.
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February 11, 2025
Minn. House Bill Seeks Corporate Tax Info Disclosures
The corporate franchise tax information of large Minnesota taxpayers would be disclosed to the public by the state Department of Revenue under legislation introduced in the state House of Representatives.
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February 11, 2025
Commerce Powers Key In Battle Over Corp. Transparency Law
The question of whether Congress exceeded its powers to regulate commerce by enacting the Corporate Transparency Act is likely to feature in a potential U.S. Supreme Court resolution to around a dozen challenges to the law that are percolating through the courts.
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February 11, 2025
Ohio House Bill Seeks Retroactive Depreciation Deduction
Ohio would allow taxpayers to deduct full depreciation expense amounts that are deductible for federal income tax purposes that were previously disallowed under a bill introduced in the state House of Representatives.
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February 11, 2025
OptumRx Says Florida Incorrectly Apportioned Receipts
OptumRx said the Florida Department of Revenue used an incorrect apportionment formula for receipts from the company's pharmacy benefit management services, resulting in an increased $12.3 million tax bill.
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February 11, 2025
Ohio General Revenues Through Jan. Beat Estimate By $226M
Ohio's general revenue from July through January surpassed forecasts by $226 million, according to a report by the Office of Budget Management.
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February 11, 2025
Calif. Revenues Through Jan. Up $3.39B Over Forecast
California's total revenues from July through January beat estimates by $3.39 billion, according to the state controller.
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February 11, 2025
SD Lawmakers OK Updated References To Federal Tax Code
South Dakota would update references in its tax statutes to the current Internal Revenue Code under a bill passed by state lawmakers and headed to the governor.
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February 10, 2025
Business Groups Push For Bigger Estate Tax Break In Oregon
Boosting the exemption to Oregon's estate tax as proposed in legislation would protect a growing number of families from disruptive effects of the tax, business groups told a state Senate panel Monday.
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February 10, 2025
Md. Court Affirms Ad Tax On Clear Channel Billboards
Clear Channel Outdoor is subject to the city of Baltimore's outdoor advertising tax, the Maryland Tax Court said in a decision released Monday, denying the company's request for a refund of taxes paid.
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February 10, 2025
Ill. House Bill Seeks Broadband Equipment Sales Tax Break
Illinois would create a sales and use tax exemption for equipment used to provide broadband services under a bill introduced in the state House of Representatives.
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February 10, 2025
NM Bill Would Exclude Some Healthcare Services From Tax
New Mexico would make the sales of some medical equipment and healthcare services deductible from the state's gross receipts tax under a bill introduced in the state House of Representatives.
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February 10, 2025
Ill. House Bill Seeks Study Of Eliminating Property Tax System
Illinois would direct its Department of Revenue and the governor's Office and Management and Budget to determine the possibility of eliminating the state's property tax system and replacing the revenue with income tax receipts under a bill introduced in the state House of Representatives.
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February 10, 2025
Minn. Senate Bill Would Restructure Income Tax Brackets
Minnesota would eliminate its lowest income tax bracket and alter its remaining tax brackets under a bill introduced Monday in the state Senate.
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February 10, 2025
Ill. House Bill Seeks Income Tax Deduction For Betting Losses
Illinois would create an income tax deduction for losses from some betting transactions under a bill filed in the House of Representatives.
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February 10, 2025
NM House Bill Seeks Small-Biz Tax Credit For Disasters
New Mexico would allow small businesses that have been affected by a disaster to claim a tax credit under a bill introduced in the state House of Representatives.
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February 10, 2025
Skadden Adds Designer Of Tax Cut Act's Int'l Provisions In DC
Skadden Arps Slate Meagher & Flom LLP announced Monday it has hired a tax attorney who helped create some international provisions in the Tax Cuts and Jobs Act of 2017, and who joins the firm as House Republicans signal they'll vote to renew some measures of that bill that are set to expire.
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February 10, 2025
Md. Bill Aims To Extend Apprenticeship Credit, End Wage Rule
Maryland would extend its apprenticeship tax credit by six years and remove the credit's requirement that apprentices be paid at least half the prevailing wage under legislation introduced in the state House of Delegates.
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February 10, 2025
Conn. Net Revenue Through Dec. Up $421M From Last Year
Connecticut general net revenues from July through December outpaced the same period last fiscal year by $421 million, according to a report by the state Department of Revenue Services.
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February 10, 2025
Md. House Bill Would Tax Sugary Beverages
Maryland would charge an excise tax on sugary drinks of 2 cents per ounce, adjusted annually, under a bill introduced in the state House of Delegates.
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February 10, 2025
Pillsbury Recruits Former Mayer Brown Tax Pro In NY
Pillsbury Winthrop Shaw Pittman LLP said it has recruited a former Mayer Brown LLP tax expert to serve as a partner in Pillsbury's New York office.
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February 10, 2025
Md. Bill Seeks Tax Credit For Small Biz Cybersecurity
Maryland would allow a refundable tax credit for some costs of cybersecurity measures undertaken by small businesses under legislation introduced in the state House of Delegates.
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February 10, 2025
Ill. Bill Seeks Income Tax Break For Child Care Property Tax
Illinois would create an individual and corporate income tax deduction for property taxes paid by privately owned child care centers under a bill introduced in the state House of Representatives.
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February 10, 2025
Ill. House Bill Would Cut Sales Tax On Diapers, Baby Wipes
Illinois would reduce its retail sales tax rate for diapers and baby wipes under a bill introduced in the state House of Representatives.
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February 07, 2025
Md. Bill Would Bar Local Taxes On Carryout Bags
Maryland would bar local governments from imposing new taxes or other charges on carryout bags used by retail consumers under legislation introduced Friday.
Expert Analysis
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As Promised, IRS Is Coming For Crypto Tax Evaders
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The IRS is fulfilling its promise to crack down on those who have neglected to pay taxes on cryptocurrency earnings, as demonstrated by recently imposed prison sentences, enforcement initiatives and meetings with international counterparts — suggesting a few key takeaways for taxpayer compliance, say attorneys at BakerHostetler.
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5 Reasons Associates Shouldn't Take A Job Just For Money
As a number of BigLaw firms increase salary scales for early-career attorneys, law students and lateral associates considering new job offers should weigh several key factors that may matter more than financial compensation, say Albert Tawil at Lateral Hub and Ruvin Levavi at Power Forward.
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The Pop Culture Docket: Judge Djerassi On Super Bowl 52
Philadelphia Court of Common Pleas Judge Ramy Djerassi discusses how Super Bowl 52, in which the Philadelphia Eagles prevailed over the New England Patriots, provides an apt metaphor for alternative dispute resolution processes in commercial business cases.
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Envy, Regressivity And Other Sins: SALT In Review
From a California official's remarks on a star athlete's contract to another study documenting the regressivity of tax policies across the land, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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Employee Experience Strategy Can Boost Law Firm Success
Amid continuing business uncertainty, law firms should consider adopting a holistic employee experience strategy — prioritizing consistency, targeting signature moments and leveraging measurement tools — to maximize productivity and profitability, says Haley Revel at Calibrate Consulting.
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6 Practice Pointers For Pro Bono Immigration Practice
An attorney taking on their first pro bono immigration matter may find the law and procedures beguiling, but understanding key deadlines, the significance of individual immigration judges' rules and specialized aspects of the practice can help avoid common missteps, says Steven Malm at Haynes Boone.
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Lessons From Country Singer's Personal Service Saga
Recent reports that country singer Luke Combs won a judgment against a Florida woman who didn’t receive notice of the counterfeit suit against her should serve as a reminder for attorneys on best practices for effectuating service by electronic means, say attorneys at Jenner & Block.
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7 E-Discovery Predictions For 2024 And Beyond
The legal and technical issues of e-discovery now affect virtually every lawsuit, and in the year to come, practitioners can expect practices and policies to evolve in a number of ways, from the expanded use of relevancy redactions to mandated information security provisions in protective orders, say attorneys at Littler.
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Other Views On Administration And Land Tax: SALT In Review
From another take on ranking the states' tax agencies to the latest proposal on a different approach to land values, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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5 Litigation Funding Trends To Note In 2024
Over the next year and beyond, litigation funding will continue to evolve in ways that affect attorneys and the larger litigation landscape, from the growth of a secondary market for funded claims, to rising interest rates restricting the availability of capital, says Jeffery Lula at GLS Capital.
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4 Legal Ethics Considerations For The New Year
As attorneys and clients reset for a new year, now is a good time to take a step back and review some core ethical issues that attorneys should keep front of mind in 2024, including approaching generative artificial intelligence with caution and care, and avoiding pitfalls in outside counsel guidelines, say attorneys at HWG.
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What The Law Firm Of The Future Will Look Like
As the legal landscape shifts, it’s become increasingly clear that the BigLaw business model must adapt in four key ways to remain viable, from fostering workplace flexibility to embracing technology, say Kevin Henderson and Eric Pacifici at SMB Law Group.
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4 PR Pointers When Your Case Is In The News
Media coverage of new lawsuits exploded last year, demonstrating why defense attorneys should devise a public relations plan that complements their legal strategy, incorporating several objectives to balance ethical obligations and advocacy, say Nathan Burchfiel at Pinkston and Ryan June at Castañeda + Heidelman.