State & Local
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February 14, 2025
Law360 Seeks Members For Its 2025 Editorial Boards
Law360 is looking for avid readers of our publications to serve as members of our 2025 editorial advisory boards.
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January 31, 2025
Colo. House Panel OKs $34M Tax Credit To Attract Sundance
Colorado would create a refundable tax credit worth up to $34 million over 10 years as part of a package to attract the Sundance Film Festival to the state under legislation approved by a House committee.
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January 31, 2025
Tax Group Of The Year: Sullivan & Cromwell
Sullivan & Cromwell LLP's diverse tax practice went from strength to strength this year, from advising well-known companies like Boeing and Discover that inked multibillion-dollar deals to counseling industry leaders in shaking up their sectors, helping it earn a place among the 2024 Law360 Tax Groups of the Year.
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January 31, 2025
Mich. General Revenues Through Dec. Up $228M
Michigan's general revenue collection from July through December outpaced collection in the same period last year by $228 million, according to the state's Budget Office.
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January 31, 2025
Taxation With Representation: Cravath, Gibson Dunn, Milbank
In this week's Taxation with Representation, Eversource Energy sells Aquarion Water Co., Diversified Energy Partners acquires oil and gas company Maverick, Lantheus Holdings buys Evergreen Theragnostics, and NASCAR champion Jimmie Johnson becomes the majority owner in the Legacy Motor Club racing team.
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January 31, 2025
Miss. House Bill Seeks To Exempt Diapers From Sales Tax
Mississippi would exempt children's diapers from sales tax as part of a bill introduced in the state House of Representatives.
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January 31, 2025
NM Senate Bill Floats Quantum Facility Tax Credit
New Mexico would allow quantum technology companies to claim a corporate income tax credit against the cost of creating facilities in the state under a bill introduced in the state Senate.
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January 30, 2025
Ga. Bill Would Allow CPA Affidavits In Lieu Of Tax Returns
Georgia would allow businesses with locations in more than one jurisdiction to provide affidavits of certified public accountants in lieu of tax returns for purposes of allocating their gross receipts under a bill introduced in the state House of Representatives.
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January 30, 2025
Fla. Panel Stands Firm On Tossing Fiserv's Tax Sourcing Fight
A Florida state appeals court declined to reconsider its dismissal of a group of Fiserv entities' challenges to the state's method of sourcing their receipts, another blow to the companies after a lower court walked back rulings in their favor.
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January 30, 2025
Partner Asks NY Appeals Court To Reverse Tax Credit Denial
The New York Tax Appeals Tribunal unconstitutionally denied a resident tax credit for income tax paid by a partner of a Connecticut-based asset management company, the partner told a New York state appeals court, saying her income was double-taxed by the states.
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January 30, 2025
Kan. Bills Seek To Allow Local Ballot Votes On Earnings Taxes
Kansas would allow counties and cities to impose earnings taxes through local ballot measures with the revenue aimed at property tax relief under bills introduced in the state Senate.
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January 30, 2025
Telecom Loses $23M Pa. Tax Case Over Private Line Services
A telecommunications company is liable for $23 million in gross receipts tax assessed on its services' fees because the private line services it contested were not exempt, the Pennsylvania Commonwealth Court held.
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January 30, 2025
Tax Group Of The Year: Skadden
Skadden Arps Slate Meagher & Flom LLP's tax practice advised on key deals and cases in 2024, including Mars Inc.'s $35.9 million acquisition of Kellanova and BlackRock Inc.'s $12.5 billion acquisition of Global Infrastructure Partners, landing it among the 2024 Law360 Tax Groups of the Year.
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January 30, 2025
Minn. Panel Advances Sales Tax Break For Physical Rehabs
Minnesota would exempt nonprofit physical rehabilitation clinics from state sales and use taxes under legislation advanced by a Senate panel Thursday that would add them to the statute allowing the exemption for other healthcare facilities.
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January 30, 2025
Minn. Senate Panel Considering Solar Power Tax Credit
Minnesota would provide income and corporate franchise tax credits against the costs of certain small-scale solar energy systems under legislation advanced Thursday by the state Senate Taxes Committee.
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January 30, 2025
Miss. House Bill Would Give Cos. Tax Credit For Donations
Mississippi would allow businesses to claim an income, insurance premium or property tax credit for voluntary contributions made to nonprofit organizations under a bill introduced in the House of Representatives on Thursday.
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January 30, 2025
Miss. Gov. Calls On Senate To Pass Income Tax Phaseout
Mississippi's Republican governor urged state senators to approve a House-passed plan to eliminate the state's individual income tax, but Democrats panned the idea, saying it would cut state revenue by a third.
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January 30, 2025
Minn. Bill Would Tax Sports Betting, Fantasy Leagues
Minnesota would authorize and tax online sports betting and fantasy leagues under legislation introduced Thursday in the state Senate.
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January 30, 2025
Minn. Senate Bill Seeks Private Tax Letter Rulings
The Minnesota Department of Revenue would provide binding guidance to taxpayers with private letter rulings under legislation introduced Thursday in the state Senate.
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January 30, 2025
Minn. Bill Seeks Tax Credit For Building Conversions
Minnesota would allow tax credits and grants for some costs of conversions of certain underused buildings under legislation introduced Thursday in the state Senate.
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January 30, 2025
Mont. Senate OKs Lower Electronic Tax Payment Threshold
Montana would lower the threshold above which tax liabilities must be paid electronically to one-tenth of the current amount as part of a bill passed by the state Senate and sent to the House of Representatives.
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January 29, 2025
Ill. House Resolution Seeks More Tax On Income Above $1M
Illinois would propose an amendment to the state constitution to impose additional income tax equal to 3% of a person's income above $1 million under a joint resolution filed in the state House of Representatives.
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January 29, 2025
Maine Gov. Calls For Cigarette, Cannabis Tax Changes
Maine should increase its cigarette excise tax and lower the cannabis excise tax while increasing the cannabis sales tax, the governor said in her State of the Budget address.
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January 29, 2025
SC House Bill Would Exempt Overtime Pay From Income Tax
South Carolina would exempt overtime pay from individual income tax under a bill introduced in the state House of Representatives.
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January 29, 2025
Minn. Tax Court OKs Home Value Found By Mass Appraisal
A home's tax valuation based on mass appraisal was valid, the Minnesota Tax Court ruled, saying the homeowners failed to show evidence of market value below the local assessor's determination.
Expert Analysis
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Tips For Litigating Against Pro Se Parties In Complex Disputes
Litigating against self-represented parties in complex cases can pose unique challenges for attorneys, but for the most part, it requires the same skills that are useful in other cases — from documenting everything to understanding one’s ethical duties, says Bryan Ketroser at Alto Litigation.
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Pro Bono Work Is Powerful Self-Help For Attorneys
Oct. 22-28 is Pro Bono Week, serving as a useful reminder that offering free legal help to the public can help attorneys expand their legal toolbox, forge community relationships and create human connections, despite the challenges of this kind of work, says Orlando Lopez at Culhane Meadows.
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The Pop Culture Docket: Judge Espinosa On 'Lincoln Lawyer'
The murder trials in Netflix’s “The Lincoln Lawyer” illustrate the stark contrast between the ethical high ground that fosters and maintains the criminal justice system's integrity, and the ethical abyss that can undermine it, with an important reminder for all legal practitioners, say Judge Adam Espinosa and Andrew Howard at the Colorado 2nd Judicial District Court.
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Permanence And Other Elusive Notions: SALT In Review
From a Michigan income tax that may or may not be permanent to a victory in court for online travel companies, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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Newman Suspension Shows Need For Judicial Reform
The recent suspension of U.S. Circuit Judge Pauline Newman following her alleged refusal to participate in a disability inquiry reveals the need for judicial misconduct reforms to ensure that judges step down when they can no longer serve effectively, says Aliza Shatzman at The Legal Accountability Project.
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How And Why Your Firm Should Implement Fixed-Fee Billing
Amid rising burnout in the legal industry and client efforts to curtail spending, pivoting to a fixed-fee billing model may improve client-attorney relationships and offer lawyers financial, logistical and stress relief — while still maintaining profit margins, say Kevin Henderson and Eric Pacifici at SMB Law Group.
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How Law Firms Can Use Account-Based Marketing Strategies
Amid several evolving legal industry trends, account-based marketing can help law firms uncover additional revenue-generating opportunities with existing clients, with key considerations ranging from data analytics to relationship building, say Jennifer Ramsey at stage LLC and consultant Gina Sponzilli.
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Strategic Succession Planning At Law Firms Is Crucial
Senior partners' reluctance to retire, the rise of the nonequity partner tier and generational differences in expectations are all contributing to an increasing number of departures from BigLaw, making it imperative for firms to encourage retirement among senior ranks and provide clearer leadership pathways to junior attorneys, says Laura Leopard at Leopard Solutions.
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Potential Calamities, Greatly Exaggerated: SALT In Review
From fears of judicial upheaval to a tax break for space travel, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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Maximizing Law Firm Profitability In Uncertain Times
As threats of an economic downturn loom, firms can boost profits by embracing the power of bottom-line management and creating an ecosystem where strategic financial oversight and robust timekeeping practices meet evolved client relations, says Shireen Hilal at Maior Strategic Consulting.
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Preparing Your Legal Department For Pillar 2 Compliance
Multinational entities should familiarize themselves with Pillar Two of the Organization for Economic Cooperation and Development’s BEPs 2.0 project and prepare their internal legal tracking systems for related reporting requirements that may go into effect as early as January, says Daniel Robyn at Ernst & Young.
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What Large Language Models Mean For Document Review
Courts often subject parties using technology assisted review to greater scrutiny than parties conducting linear, manual document review, so parties using large language models for document review should expect even more attention, along with a corresponding need for quality control and validation, say attorneys at Sidley.
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Participating In Living History Makes Me A Better Lawyer
My role as a baron in a living history group, and my work as volunteer corporate counsel for a book series fan association, has provided me several opportunities to practice in unexpected areas of law — opening doors to experiences that have nurtured invaluable personal and professional skills, says Matthew Parker at the Nebraska Department of Health and Human Services.