State & Local
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January 22, 2025
Maine Bill Seeks New Income Tax Brackets On Higher Income
Maine would raise income tax thresholds and create three new tax brackets, including a new top bracket levying an 8.2% tax on income over $500,000, under a bill introduced in the state House of Representatives.
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January 22, 2025
Hawaii House Bill Floats Tax Surcharge On Vacant Homes
Hawaii would establish an excise tax surcharge on vacant residential homes under a bill introduced in the state House of Representatives.
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January 22, 2025
Hawaii House Bill Seeks Increase In Capital Gains Tax
Hawaii would increase its tax on capital gains to 9% under a bill introduced in the state House of Representatives.
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January 22, 2025
Hawaii Floats Tax Credit For Some Insurers Of Condos
Hawaii would allow insurers that cover the full insurable value of a condominium to claim an insurance premium tax credit under a bill introduced in the state House of Representatives.
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January 22, 2025
Ind. Budget Bill Would Exempt Tip Income From Tax
Indiana would exempt income earned from tips from personal income tax under a budget bill introduced in the state House of Representatives.
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January 22, 2025
Mich. Changes Deadline For Flow-Through Entity Election
Michigan changed when taxpayers electing to pay the state's tax on flow-through entities must file the election with the state Department of Treasury and how such taxpayers can avoid penalties and interest under a bill signed by Democratic Gov. Gretchen Whitmer.
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January 22, 2025
Hawaii House Bill Seeks To End Income Tax
Hawaii would end its state income tax under a bill introduced in the state House of Representatives.
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January 22, 2025
Md. Bill Seeks To Add Digital Ad Tax To Appeals Process
Maryland would authorize the same appeals process for digital advertising tax assessments as it does for most other taxes under legislation introduced Wednesday in the House of Delegates.
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January 22, 2025
Hawaii House Bill Would Mandate Combined Reporting
Hawaii would mandate worldwide combined reporting under a bill introduced in the state House of Representatives.
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January 22, 2025
Ariz. Bill Seeks Ballot Measure To Cut Income Tax Rate
Arizona would ask voters in 2026 whether to cut the state's flat income tax rate from 2.5% to 2% under a House resolution.
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January 22, 2025
Minn. Bill Seeks Cap On Property Value Increases
Minnesota would impose a 3% annual cap on the increase in the assessed market value of a residential property under legislation in the state Senate.
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January 22, 2025
Minn. Bill Would Expand Sales Tax Break For Baby Items
Minnesota would expand its existing sales and use tax exemption for baby products to include car seats, cribs and changing tables under legislation introduced in the state Senate.
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January 22, 2025
Minn. Senate Bill Seeks Income Tax Break For Med Costs
Minnesota would allow its tax filers to subtract uncompensated medical care and health insurance costs from their state taxable income under legislation introduced in the state Senate.
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January 21, 2025
Hochul Pitches Shifts To Partnership Filing Rules, Entity Taxes
New York would push back the annual election date for entity-level taxes and draw from the Multistate Tax Commission's model for allowing partnerships to file state tax adjustments stemming from federal partnership audit changes under a budget plan Gov. Kathy Hochul unveiled Tuesday.
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January 21, 2025
Detroit Council OKs $45K Settlement Over Holding Co.'s Gain
The city of Detroit approved a settlement Tuesday in the Michigan Tax Tribunal in a long-running tax assessment dispute stemming from a holding company's gain from selling stock in a Canadian tobacco testing company.
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January 21, 2025
Ill. Senate Bill Seeks Tax Deduction For OT Wages
Illinois would create an individual income tax deduction for overtime wages under a bill introduced in the state Senate.
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January 21, 2025
Ariz. General Fund Revenue $244M Above Projections
Arizona's total general fund collection from July through December surpassed budget estimates by $244 million, according to the state's Joint Legislative Budget Committee.
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January 21, 2025
Md. Bill Seeks High Earner Tax, Water's-Edge Reporting
Maryland would impose a new tax rate on high earners, adopt combined water's-edge corporate tax reporting and lower its corporate tax rate under legislation introduced in the House of Delegates to enact proposals by the governor.
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January 21, 2025
Tribal Tax Status Regs Leave Energy Credit Access Up In Air
While recently proposed regulations would provide long-awaited clarity that enterprises wholly owned by Native American tribes are exempt from federal taxes, the rules leave glaring questions open about whether tribes can access clean energy tax credits through business structures like joint ventures.
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January 21, 2025
Ariz. Gov. Seeks Extension Of Low-Income Housing Tax Credit
Arizona would extend its low-income housing tax credit for six years under the fiscal year 2026 budget proposal by Gov. Katie Hobbs.
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January 21, 2025
RI Gov. Proposes Digital Ad Tax, R&D Credit Expansion
Rhode Island would levy a tax on digital advertisement services and double the number of years businesses can claim research and development expense tax credits as part of the governor's fiscal year 2026 budget proposal.
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January 21, 2025
Hawaii Bill Seeks Tax Credit For Wind-Resistant Retrofitting
Hawaii would create an income tax credit for up to $40,000 for the cost of wind-resistant retrofitting of a home under a bill introduced in the state House of Representatives.
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January 21, 2025
Hawaii House Bill Would Offer Deduction For Tips
Tipped employees in Hawaii would be able to deduct the amount made in tips from their taxable income under a bill introduced in the state House of Representatives.
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January 21, 2025
Illinois Senate Bill Seeks Income Tax Deduction For Tips
Illinois would create an income tax deduction for gratuities that are included in a taxpayer's federal adjusted gross income under a bill introduced in the state Senate.
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January 21, 2025
NY Tax Collection Through Dec. Up $5B, Dept. Says
New York's total state tax collection from July through December was roughly $5 billion higher than during the same period last fiscal year, according to the state Department of Taxation and Finance.
Expert Analysis
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Looking South With A Smile: SALT In Review
From Mississippi's long walk toward repealing its personal income tax to a welcome stroke for open government in Kentucky, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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Trauma-Informed Legal Approaches For Pro Bono Attorneys
As National Trauma Awareness Month ends, pro bono attorneys should nevertheless continue to acknowledge the mental and physical effects of trauma, allowing them to better represent clients, and protect themselves from compassion fatigue and burnout, say Katherine Cronin at Stinson and Katharine Manning at Blackbird.
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How Attys Can Avoid Pitfalls When Withdrawing From A Case
The Trump campaign's recent scuffle over its bid to replace its counsel in a pregnancy retaliation suit offers a chance to remind attorneys that many troubles inherent in withdrawing from a case can be mitigated or entirely avoided by communicating with clients openly and frequently, says Christopher Konneker at Orsinger Nelson.
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Using A Children's Book Approach In Firm Marketing Content
From “The Giving Tree” to “Where the Wild Things Are,” most children’s books are easy to remember because they use simple words and numbers to tell stories with a human impact — a formula law firms should emulate in their marketing content to stay front of mind for potential clients, says Seema Desai Maglio at The Found Word.
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Tax Assessment: Recapping Georgia's Legislative Session
Jonathan Feldman and Alla Raykin at Eversheds Sutherland examine tax-related changes from Georgia’s General Assembly — such as the governor’s successful push to accelerate income tax cuts — and suggest steps to take before certain tax incentives are challenged in the state's next legislative session.
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Geothermal Energy Has Growing Potential In The US
Bipartisan support for the geothermal industry shows that geothermal energy can be an elegant solution toward global decarbonization efforts because of its small footprint, low supply chain risk, and potential to draw on the skills of existing highly specialized oil and gas workers and renewable specialists, say attorneys at Weil.
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Bad Ideas That Won't Go Away: SALT In Review
From California's latest move toward a digital ad tax to Kansas' proposed tax credits for film production, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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Exploring An Alternative Model Of Litigation Finance
A new model of litigation finance, most aptly described as insurance-backed litigation funding, differs from traditional funding in two key ways, and the process of securing it involves three primary steps, say Bob Koneck, Christopher Le Neve Foster and Richard Butters at Atlantic Global Risk LLC.
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Trump Hush Money Case Offers Master Class In Trial Strategy
The New York criminal hush money trial of former President Donald Trump typifies some of the greatest challenges that lawyers face in crafting persuasive presentations, providing lessons on how to handle bad facts, craft a simple story that withstands attack, and cross-examine with that story in mind, says Luke Andrews at Poole Huffman.
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A Vision For Economic Clerkships In The Legal System
As courts handle increasingly complex damages analyses involving vast amounts of data, an economic clerkship program — integrating early-career economists into the judicial system — could improve legal outcomes and provide essential training to clerks, say Mona Birjandi at Data for Decisions and Matt Farber at Secretariat.
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E-Discovery Quarterly: Recent Rulings On Text Message Data
Electronically stored information on cellphones, and in particular text messages, can present unique litigation challenges, and recent court decisions demonstrate that counsel must carefully balance what data should be preserved, collected, reviewed and produced, say attorneys at Sidley.
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Kentucky Tax Talk: Budget Focus Cools Tax Reform Efforts
There were some noteworthy tax developments during Kentucky’s legislative session — like the revival of local tax reform and enactment of another tax amnesty program — but major tax initiatives, like those seen in recent years, were largely tabled as legislators focused on establishing the state’s two-year budget, say attorneys at Frost Brown.
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NY Tax Talk: Primary Function Is Key Analysis For Sales Tax
Two sales tax cases recently decided by New York's Appellate Division illustrate why both taxpayers and the state's Department of Revenue subscribe to the primary function test, a logical way to determine whether business transactions are subject to sales tax, say Elizabeth Cha and Jeremy Gove at Eversheds Sutherland.