State & Local
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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.
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January 21, 2025
Hawaii Bill Would Reduce Some Income Taxes In Oahu
Hawaii would reduce income taxes for residents of one part of the island of Oahu under a two-year pilot program in legislation proposed in the state House of Representatives.
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January 21, 2025
Justices Decline To Review NY Tax On IBM, Disney Royalties
The U.S. Supreme Court declined Tuesday to hear claims from Disney and IBM that New York's former method of taxing royalty payments from foreign affiliates resulted in unconstitutional discrimination against interstate commerce.
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January 17, 2025
Law360 Names Practice Groups Of The Year
Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2024, which honor the attorney teams behind litigation wins and significant transaction work that resonated throughout the legal industry this past year.
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January 17, 2025
Law360 Names Firms Of The Year
Eight law firms have earned spots as Law360's Firms of the Year, with 54 Practice Group of the Year awards among them, steering some of the largest deals of 2024 and securing high-profile litigation wins, including at the U.S. Supreme Court.
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January 17, 2025
Wash. Bill Would End B&O Tax Credit, Add Gains Tax Credit
Washington state would replace a credit for business and occupation taxes due on a sale or exchange that also is subject to the state's capital gains tax with a credit for taxes on gains that also are subject to B&O taxes, under a bill introduced in the state Senate.
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January 17, 2025
COST Pans Maine's Receipt Sourcing Change For Cos.
Maine's plan to change its apportionment methodology from sourcing business receipts where services are received to where they are acquired or experienced overreaches from what lawmakers had originally intended, the Council on State Taxation said Friday.
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January 17, 2025
Hawaii Bill Would Increase Capital Gains Tax On Some Filers
Hawaii would increase the state's capital gains tax for nonresidents and foreign taxpayers under a bill introduced in the state House of Representatives.
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January 17, 2025
Hawaii Bill Would Bar Excise Tax On Assistance-Eligible Food
Hawaii would exempt food that is eligible for purchase using assistance programs from the state excise tax under a bill introduced in the state House of Representatives.
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January 17, 2025
Minn. Gov. Calls For Trimming Sales Tax, Adding It To Services
Minnesota would shave its sales tax rate but apply it to professional services under a biennial budget proposal by Gov. Tim Walz.
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January 17, 2025
Hawaii House Bill Seeks Higher Tax Rate, Exemption Level
Hawaii would exempt single filers with $100,000 or less in taxable income from the state's income tax and increase the top tax rate under a bill filed in the state House of Representatives.
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January 17, 2025
Hawaii Bill Seeks To Make Renter Tax Credit Permanent
Hawaii would make its renters tax credit permanent and change the credit's amounts under a bill introduced in the state House of Representatives.
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January 17, 2025
Hawaii Bill Would End Mortgage Deduction For 2nd Homes
Hawaii would put an end to its state tax deduction for mortgage interest on second homes under a bill introduced in the state Senate.
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January 17, 2025
Hawaii House Bill Seeks Worldwide Combined Reporting
Hawaii would impose a mandatory worldwide combined reporting system for corporations effective next year under a bill filed in the state House of Representatives.
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January 17, 2025
Minn. Sen. Bill Seeks Sales Tax Break For Food Service Gear
Minnesota would exempt food service preparation equipment from sales and use taxes under legislation introduced in the state Senate.
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January 17, 2025
Minn. Senate Bill Would Repeal Healthcare Provider Taxes
Minnesota would eliminate its 1.8% tax on various healthcare providers and services under legislation introduced in the state Senate.
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January 17, 2025
Va. Blinds Maker Deemed Responsible For Sales Tax
A Virginia company that manufactures and sells blinds would be on the hook for sales and use tax on the cost of raw materials or on property used for an installation job, the state's tax commissioner said.
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January 17, 2025
Hawaii Sen. Bill Seeks To Increase Real Property Exemption
Hawaii would increase its real property exemption beginning in 2026 to combat inflation under a bill introduced in the state Senate.
Expert Analysis
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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.
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Time To Fix NYC's Broken Property Assessment System
A New York appellate court's decision to revive Tax Equity Now New York v. City of New York may force the city to revamp its outdated and unfair real estate tax assessment system, which could be fixed with a couple of simple changes, says Seth Feldman at Romer Debbas.