State & Local
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December 13, 2024
Minn. Senior Home's Tax Appeal Nixed For Lack Of Info
A Minnesota senior living community failed to provide a local assessor with required income and expense information related to its property tax appeal, the Minnesota Tax Court said, dismissing the case.
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December 12, 2024
IRS Wants Choice Retained In Dual Loss Rules, Official Says
The Internal Revenue Service is working to preserve flexibility for taxpayers in rules aimed at preventing companies from using the same economic loss twice after concerns were raised about how the rules could negatively interact with the Pillar Two global minimum tax, an official said Thursday.
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December 12, 2024
IRS Chief Makes Case To Restore $20B Funding Shortfall
Congress should reverse a $20 billion IRS funding gap in a year-end budget bill to help the agency modernize its technology, improve customer service and collect unpaid taxes from wealthy businesses and individuals, Internal Revenue Commissioner Daniel Werfel said Thursday.
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December 12, 2024
Wash. Justices OK Tax Break For Pharmacy Benefits Manager
A Washington pharmacy benefits manager is exempt from a state business tax on its services for Medicaid patients because its corporate sibling paid premium taxes in connection with the same services, the state's high court affirmed Thursday.
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December 12, 2024
Va. Says Additional Income Tax Owed After IRS Adjustment
A woman is liable for additional income tax assessed by Virginia after the Internal Revenue Service adjusted her federal adjusted gross income, the state's tax commissioner ruled.
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December 12, 2024
Va. Income Tax Assessments For 1997-1999 Ruled Collectible
Virginia individual income tax assessments issued to a man for 1997, 1998 and 1999 are collectible because the state Department of Taxation initiated collection actions within the applicable statute of limitations, the state tax commissioner said.
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December 12, 2024
Va. Steel Co.'s Installation Fees Are Subject To Tax
A Virginia company that makes steel products is liable for sales tax on fees for installation and rebar tying, because the charges are made in connection with the sale of tangible property, the state tax commissioner ruled.
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December 12, 2024
Va. Tax Applies To Septic Tank Sales, Commissioner Says
A Virginia septic tank company is liable for remitting sales and use tax on its sales of tanks because it was not the end user of the products, the state tax commissioner ruled.
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December 12, 2024
Ga. General Fund Receipts Through Nov. Down $8.3M
Georgia's general fund receipts from July through November trailed collections during the same period last year by $8.3 million, according to the governor's office.
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December 12, 2024
Ky. General Revenue Through Nov. Up $62M From Last Year
Kentucky's general fund revenue from July through November beat collections during the same period last fiscal year by $62 million, according to the Office of the State Budget Director.
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December 11, 2024
NRA Ordered To Reform Policies After NY Misconduct Verdict
A New York judge ordered changes to the National Rifle Association's board structure and organizational policies Wednesday to "prevent future violations of law," following a jury verdict that found widespread financial misconduct and whistleblower retaliation within the gun group.
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December 11, 2024
More Facts Needed In RJ Reynolds Tax Row, Mich. Court Says
More facts are needed on whether part of a $4.9 billion sale of trademarks by R.J. Reynolds to a Japanese company should be taxable in Michigan, a state court said Wednesday, declining to rule immediately.
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December 11, 2024
Minn. General Revenues In Nov. $80M Under Forecasts
Minnesota's total revenue collection in November trailed forecasts by $80 million, according to the state Management and Budget Office.
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December 11, 2024
NJ Former Tax Auditor Can't Be Shielded From Subpoena
The director of the New Jersey Division of Taxation must turn over the contact information of a former auditor so that a liquor store can try to subpoena her in its sales tax case, the state tax court ruled.
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December 11, 2024
Mo. Net Revenues Through Nov. Down $203M From Last Year
Missouri's total net revenue from July through November underperformed last year's collections during the same period by $203 million, according to the state Division of Budget and Planning.
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December 11, 2024
Ohio Regs Clarify E-File Rule For Withholding Taxpayers
Ohio taxpayers who are required to file and pay withholding tax must do so electronically, the state Department of Taxation clarified in a finalized regulation amendment.
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December 11, 2024
Ariz. Ending Local Taxes On Long-Term Residential Rentals
Long-term rentals of residential property in Arizona will no longer be subject to local taxes or fees after Jan. 1 under recent legislation, the state Department of Revenue said Wednesday.
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December 11, 2024
Calif. Total Revenues Through Nov. Beat Forecast By $4B
California total revenues from July though November beat forecasts by $4 billion, according to a report published by the State Controller's Office.
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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.
Expert Analysis
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The Big Issues A BigLaw Associates' Union Could Address
A BigLaw associates’ union could address a number of issues that have the potential to meaningfully improve working conditions, diversity and attorney well-being — from restructured billable hour requirements to origination credit allocation, return-to-office mandates and more, says Tara Rhoades at The Sanity Plea.
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It's Time For A BigLaw Associates' Union
As BigLaw faces a steady stream of criticism about its employment policies and practices, an associates union could effect real change — and it could start with law students organizing around opposition to recent recruiting trends, says Tara Rhoades at The Sanity Plea.
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How Justices Upended The Administrative Procedure Act
In its recent Loper Bright, Corner Post and Jarkesy decisions, the U.S. Supreme Court fundamentally changed the Administrative Procedure Act in ways that undermine Congress and the executive branch, shift power to the judiciary, curtail public and business input, and create great uncertainty, say Alene Taber and Beth Hummer at Hanson Bridgett.
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Trump's Best Hush Money Appeal Options Still Likely To Fail
The two strongest potential arguments former President Donald Trump could raise in appealing his New York hush money conviction seem promising at first, but precedent strongly suggests they will still ultimately fail — though, of course, Trump's unique position could lead to surprising results, says former New York Supreme Court Justice Ethan Greenberg, now at Anderson Kill.
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Mirror, Mirror On The Wall, Is My Counterclaim Bound To Fall?
A Pennsylvania federal court’s recent dismissal of the defendants’ counterclaims in Morgan v. Noss should remind attorneys to avoid the temptation to repackage a claim’s facts and law into a mirror-image counterclaim, as this approach will often result in a waste of time and resources, says Matthew Selmasska at Kaufman Dolowich.
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3 Leadership Practices For A More Supportive Firm Culture
Traditional leadership styles frequently amplify the inherent pressures of legal work, but a few simple, time-neutral strategies can strengthen the skills and confidence of employees and foster a more collaborative culture, while supporting individual growth and contribution to organizational goals, says Benjamin Grimes at BKG Leadership.
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Going The Extra Miles: SALT In Review
From a dispute about the borders of Florida's airspace to proposals that would exempt tips from taxes, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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E-Discovery Quarterly: Rulings On Hyperlinked Documents
Recent rulings show that counsel should engage in early discussions with clients regarding the potential of hyperlinked documents in electronically stored information, which will allow for more deliberate negotiation of any agreements regarding the scope of discovery, say attorneys at Sidley.
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Loper Bright Limits Federal Agencies' Ability To Alter Course
The U.S. Supreme Court's recent decision to dismantle Chevron deference also effectively overrules its 2005 decision in National Cable & Telecommunications Association v. Brand X, greatly diminishing agencies' ability to change regulatory course from one administration to the next, says Steven Gordon at Holland & Knight.
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Maryland 'Rain Tax' Ruling May Offer Hope For Tax Credits
A Maryland state appellate court's recent decision in Ben Porto v. Montgomery County echoes earlier case law upholding controversial stormwater charges as a valid excise tax, but it also suggests that potential credits to reduce property owners' liability could get broader in scope, says Alyssa Domzal at Ballard Spahr.
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Lawyers Can Take Action To Honor The Voting Rights Act
As the Voting Rights Act reaches its 59th anniversary Tuesday, it must urgently be reinforced against recent efforts to dismantle voter protections, and lawyers can pitch in immediately by volunteering and taking on pro bono work to directly help safeguard the right to vote, says Anna Chu at We The Action.
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How To Grow Marketing, Biz Dev Teams In A Tight Market
Faced with fierce competition and rising operating costs, firms are feeling the pressure to build a well-oiled marketing and business development team that supports strategic priorities, but they’ll need to be flexible and creative given a tight talent market, says Ben Curle at Ambition.
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Rock Climbing Makes Me A Better Lawyer
Rock climbing requires problem-solving, focus, risk management and resilience, skills that are also invaluable assets in my role as a finance lawyer, says Mei Zhang at Haynes and Boone.