State & Local
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December 11, 2024
Ohio Revenues Through Nov. Outpace Forecast By $228M
Ohio's total revenue from July though November exceeded budget forecasts by $228 million, according to a report by the Office of Budget Management.
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December 10, 2024
Ga. Justices Say Courts To Decide Whether Utilities Are Taxes
A Georgia trial court wrongly decided it could not judge whether a county's utility rates are a backdoor tax on property owners, the state's highest court said Tuesday, ruling that a restriction on the state Legislature's power to "regulate or fix" rates doesn't bar review by the judicial branch.
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December 10, 2024
Morgan Lewis Gets DLA Piper Tax Pro With DOJ Experience
Morgan Lewis & Bockius LLP announced that it has added to its Boston office a tax attorney from DLA Piper who served as an appellate attorney at the U.S. Department of Justice, Tax Division.
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December 10, 2024
Ind. Tax Court Says Tax Board Must Explain Kohl's Reduction
The Indiana Board of Tax Review must explain why a Kohl's department store's assessment was nearly halved for tax years 2019 through 2021, the state Tax Court ruled.
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December 10, 2024
NY AG Refuses To Drop $489M Fraud Case Against Trump
The office of New York Attorney General Letitia James has announced it won't drop its civil financial fraud case against President-elect Donald Trump, two of his sons, his companies and their executives, saying his upcoming inauguration has no bearing on litigating his appeal of the $489 million judgment.
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December 10, 2024
Fla. Net Revenue Through Oct. Beats Estimate By $388M
Florida net revenue from July through October surpassed a forecast by $388 million, according to the Office of Economic and Demographic Research.
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December 10, 2024
Va. Tax Interest Rates To Drop In 1st Quarter
Virginia's interest rates for the underpayment and overpayment of tax will decrease by a percentage point in the first quarter of 2025, the state's Department of Taxation said.
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December 10, 2024
Ala. Tax Revenue Through November Drops By $34M
Alabama's total revenue from October through November lagged $34 million behind the same period in the last fiscal year, according to the state Department of Revenue.
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December 10, 2024
Iowa Total Receipts From July Through Nov. Down $68M
Iowa's total receipts from July through November lagged behind the same period last fiscal year by $68 million, according to the state's Department of Management.
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December 10, 2024
Colo. Tax Dept. To Meet On Partnership Adjustment Reporting
The Colorado Department of Revenue will hold a work-group meeting on a new draft rule on partnership reporting requirements related to federal adjustments, based on a model statute from the Multistate Tax Commission and mandated in recent law.
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December 10, 2024
Ore. Real Estate Agent Underreported Income, Court Says
An Oregon real estate agent and investor failed to report nearly $188,000 in income, including the profits from two property sales, the state's tax court ruled, rejecting her appeal of the state tax department's findings except for small adjustments.
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December 10, 2024
Treasury Finalizes Simplified Foreign Currency Rules
The U.S. Treasury Department finalized regulations Tuesday that aim to simplify aspects of how corporations determine taxable income or loss with respect to certain affiliates that conduct business in a foreign currency.
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December 09, 2024
SG Tells Justices To Pass On Philly Tax Credit System Dispute
The U.S. solicitor general advised the U.S. Supreme Court on Monday to decline to hear a Philadelphia woman's claim that the city's refusal to provide a credit for Delaware state taxes paid is unconstitutional, saying the policy doesn't inherently discriminate against interstate commerce.
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December 09, 2024
NH Total Revenue Receipts Trail Estimate By $21M
New Hampshire's total revenue receipts from July through November lagged behind forecasts by almost $21 million, according to the state Department of Administrative Services.
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December 09, 2024
NJ Panel OKs Axing Transaction Threshold For Sales, Biz Tax
New Jersey would eliminate its transaction threshold for sales tax and corporate income tax nexus purposes under a bill the state Senate Budget and Appropriations Committee approved Monday.
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December 09, 2024
Ohio Justices Uphold Dialysis Co.'s Tax Liability On Services
A dialysis company's receipts from laboratory tests and certain administrative costs should be sourced to Ohio, the state's highest court ruled Monday, rejecting the company's arguments that they should be sourced to other states where employees handling that part of the business performed work.
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December 09, 2024
Microsoft Wrong On Foreign Earnings, Ore. Tells Tax Court
The Oregon Tax Court was correct to reject alternatives pitched by Microsoft for treatment of its repatriated foreign earnings when calculating Oregon taxable income, the state tax department told the court.
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December 09, 2024
La. Authorizes Local Property Tax Exemption For Biz Inventory
Louisiana authorized the creation of optional local property tax exemptions for business inventories as part of a bill signed by the governor, though whether the measure takes effect is contingent on the passage of a proposed amendment to the state constitution.
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December 09, 2024
Chicago Pol's Lies Enough To Keep Conviction, Feds Say
The government urged the U.S. Supreme Court not to disturb a former Chicago alderman's conviction for lying about money he'd borrowed from a since-shuttered bank, arguing his knowing understatements were enough to illegally mislead federal investigators.
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December 09, 2024
Nevada Sept. Sales Tax Revenue Declines 1% From Last Year
Nevada's sales tax revenue collection in September fell roughly 1% compared with the same period last year, according to a report from the state's Department of Taxation.
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December 09, 2024
W.Va. Tax Collections Through Nov. Beat Forecast By $5M
West Virginia general revenue collection from July through November beat forecasts by $5 million, according to the state Budget Office.
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December 09, 2024
Texas Net Revenue Through November Rises 1% From 2023
Texas' total net revenue collection from September through November was 1% higher compared with the same period in the last fiscal year, according to a report from the state comptroller.
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December 06, 2024
Neb. Tribe Asks US High Court To Undo Tobacco Sales Ruling
A Nebraska tribe's tobacco companies are asking the U.S. Supreme Court to overturn an Eighth Circuit ruling that held the state can regulate a tribally owned manufacturer's sales of cigarettes to Indigenous-owned distributors, arguing that Native American nations' ability to conduct their own affairs within their own borders is at stake.
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December 06, 2024
Ark. Justice Rejects Tax Case Recusal Over Owning 1 Share
An Arkansas Supreme Court justice said her ownership of one share of stock in Murphy USA doesn't require her to recuse from a pending case in which the oil business is defending tax refunds stemming from allocating deductible interest payments to Arkansas.
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December 06, 2024
Mass. Tax Interest Rates To Drop In First Quarter Of 2025
Massachusetts' interest rates for tax overpayments and underpayments will drop by a percentage point in the first quarter of 2025, the state Department of Revenue said.
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.