State & Local
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March 19, 2025
Comerica Awarded Interest On $11M Mich. Tax Credit Win
Comerica is entitled to interest on a nearly $11 million business tax refund it received following the Michigan Supreme Court's upholding of transfers of tax credits that occurred during a merger, the state Tax Tribunal ruled.
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March 19, 2025
NC Gov. Wants To Freeze Some Tax Cuts, Institute Others
North Carolina would maintain its current corporate income tax rate of 2.25%, the lowest among the 44 states with such a tax, rather than continuing to phase it out, under a Wednesday biennium budget proposal from new Gov. Josh Stein.
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March 19, 2025
Ohio Tax Board OKs Regs To Streamline Appeal Resolution
The Ohio Board of Tax Appeals amended regulations to clarify its authority to issue orders in response to several common, rarely contested types of filings and streamline the resolution of tax disputes in such cases, according to a final rule.
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March 19, 2025
Colo. Senate OKs Lowering Family Leave Premium
The premium rate for Colorado's paid family medical leave insurance program would dip and a benefit for parents of newborns in intensive care would increase under a bill passed Wednesday by the state Senate.
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March 19, 2025
Colo. Senate OKs Dropping Some Revenue From TABOR Limit
Revenue received by Colorado from damage awards and certain property sales would be excluded from the revenue limit in the state's Taxpayer's Bill of Rights under legislation passed Wednesday by the state Senate.
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March 19, 2025
Tax On Services In Proposed Minn. Budget Hits Opposition
Minnesota business groups criticized on Wednesday a provision in the governor's budget proposal to expand the state sales tax to certain accounting, banking and legal services, telling a state Senate committee that it would hurt heavily taxed residents even more.
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March 19, 2025
Mo. Auditor Faults State For Lack Of Cannabis Tax Probes
Missouri's state auditor faulted the state Department of Revenue for not auditing any cannabis tax returns since sales of medical cannabis began in 2020, saying the tax agency failed to establish a robust compliance environment for the filings.
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March 19, 2025
Ala. Bill Seeks To Regulate, Tax Cannabinoid Products
Alabama would impose a 6% tax on cannabinoid product sales beginning in 2026 under a bill introduced in the state Senate.
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March 19, 2025
NC Tax Revenue Collection Through February Up $707M
North Carolina's total revenue collection from July through February exceeded last year's collection during the same time period by $707 million, according to a report by the Office of the State Controller.
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March 19, 2025
Law360 Announces The Members Of Its 2025 Editorial Boards
Law360 is pleased to announce the formation of its 2025 Editorial Advisory Boards.
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March 19, 2025
Tenn. Revenues Through February Up $23M From Estimates
Tennessee's total revenue collection from July through February beat budget estimates by $23 million, according to a report from the state Department of Finance and Administration.
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March 19, 2025
Idaho Allows Tax Records Sharing To Combat Benefits Fraud
Idaho authorized the state's tax commission and Department of Health and Welfare to share state individual income tax return records to investigate suspected fraud related to public assistance benefits applications under a bill signed by the governor.
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March 19, 2025
Hawaii Senate Panels OK Tax On Reward Points Bookings
Hawaii would impose a $20-a-night transient accommodations tax on bookings made with reward points under a bill passed by two Senate committees.
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March 19, 2025
Miss. Senate Passes Income Tax Cut With Revenue Triggers
Mississippi's latest tax reform package seeks to tie income tax rate decreases to future revenue surpluses under an amended bill passed by the state Senate, countering the state House of Representative's original proposal to outright eliminate the tax after 10 years.
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March 19, 2025
Wyo. Prescribes Order For Applying Property Tax Breaks
Wyoming established an order in which property tax exemptions should be applied when multiple exemptions apply to the same property under a bill signed by the governor.
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March 18, 2025
Mich. House OKs Permanent Automatic Income Tax Rate Cut
Michigan would lower its income tax rate back down to where it was in 2023 and make the tax cut permanent, unless the Legislature voted to change it, under a bill the state House of Representatives passed Tuesday.
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March 18, 2025
Verizon Seeks $24.7M Refund In Challenge To Fla. Tax Rules
A Florida regulation that determines the tax treatment for certain receipts from telecommunications companies unconstitutionally burdens interstate commerce and taxes activity that occurs in other states, Verizon argued to a state court in protesting a $24.7 million Florida tax refund denial.
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March 18, 2025
Microsoft Cost-Share Receipts Tax Fight Sent To Trial In Mich.
Microsoft's challenge to Michigan's tax treatment of its cost-sharing agreement receipts is headed to trial after the state's tax tribunal said more proceedings are necessary to determine whether the ownership of the intellectual property in dispute is divided between the company and its affiliates.
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March 18, 2025
Biz Groups Pan Corporate Tax Info Disclosure In Minn. Bill
Business groups criticized Tuesday a provision in a Minnesota omnibus tax package that would require disclosure of the tax information of many large corporations, saying it would violate those companies' privacy and hurt the state economically.
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March 18, 2025
Texas Supreme Court Affirms GEO Isn't Tax-Exempt
Private prison operator GEO Group Inc., which has operated detention facilities in Texas, isn't eligible for a refund of state taxes because it doesn't qualify for an exemption as a government agent or instrumentality, the Texas Supreme Court affirmed.
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March 18, 2025
Bank Groups Push For Permanent Block On Ill. Swipe Fee Law
Banking industry groups moved late Monday to deliver a final blow to an Illinois state law that bans swipe fees on tax and tip portions of payment card transactions, asking a Chicago federal judge to go ahead and finish off the ban before it takes effect this summer.
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March 18, 2025
Wash. Revenues Through March 10 Beat Forecasts By $56M
Washington state's total general revenue from Nov. 11 through March 10 beat estimates by $56 million, according to a report by the state Economic and Revenue Forecast Council.
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March 18, 2025
NY Tax Collections Through Feb. Up $8B From Last Year
New York's tax collection from April through February outpaced last year's total by $8 billion, according to a report by the state Department of Taxation and Finance.
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March 18, 2025
Tenn. To Cut Shared Tax Revenue For Late Municipal Audits
Tennessee will require municipal governments to timely submit mandatory annual audits to the state comptroller and will impose penalties that reduce the amount of sales tax revenue shared with municipalities that miss the deadline under a bill signed by the governor.
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March 18, 2025
Minn. Plan For Surplus Revenue Refunds Stalls On Tie Vote
A Minnesota plan to return portions of surplus revenues to taxpayers under a constitutional amendment stalled in the state House as a bill to place that proposal on the ballot fell short of passage with a tie vote.
Expert Analysis
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High Court Case Could Reshape Local Development Fees
If last month's oral arguments are any indication of how the U.S. Supreme Court will rule in Sheetz v. County of El Dorado, it's unlikely the justices will hold that the essential nexus and rough proportionality tests under the cases of Nollan, Dolan and Koontz apply to legislative exactions, but a sweeping decision would still be the natural progression in the line of cases giving property owners takings claims, says Phillip Babich at Reed Smith.
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Nebraska Should Abandon Proposed Digital Ad Tax
If passed, Nebraska’s recently proposed Advertising Services Tax Act, which would finance property tax relief by imposing a 7.5% gross revenue tax on advertising services, would cause a politically risky shift of tax burdens from landowners to local businesses and consumers, and would most certainly face litigation, say attorneys at McDermott.
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The Legal Industry Needs A Cybersecurity Paradigm Shift
As law firms face ever-increasing risks of cyberattacks and ransomware incidents, the legal industry must implement robust cybersecurity measures and privacy-centric practices to preserve attorney-client privilege, safeguard client trust and uphold the profession’s integrity, says Ryan Paterson at Unplugged.
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As Promised, IRS Is Coming For Crypto Tax Evaders
The IRS is fulfilling its promise to crack down on those who have neglected to pay taxes on cryptocurrency earnings, as demonstrated by recently imposed prison sentences, enforcement initiatives and meetings with international counterparts — suggesting a few key takeaways for taxpayer compliance, say attorneys at BakerHostetler.
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5 Reasons Associates Shouldn't Take A Job Just For Money
As a number of BigLaw firms increase salary scales for early-career attorneys, law students and lateral associates considering new job offers should weigh several key factors that may matter more than financial compensation, say Albert Tawil at Lateral Hub and Ruvin Levavi at Power Forward.
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The Pop Culture Docket: Judge Djerassi On Super Bowl 52
Philadelphia Court of Common Pleas Judge Ramy Djerassi discusses how Super Bowl 52, in which the Philadelphia Eagles prevailed over the New England Patriots, provides an apt metaphor for alternative dispute resolution processes in commercial business cases.
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Envy, Regressivity And Other Sins: SALT In Review
From a California official's remarks on a star athlete's contract to another study documenting the regressivity of tax policies across the land, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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Employee Experience Strategy Can Boost Law Firm Success
Amid continuing business uncertainty, law firms should consider adopting a holistic employee experience strategy — prioritizing consistency, targeting signature moments and leveraging measurement tools — to maximize productivity and profitability, says Haley Revel at Calibrate Consulting.
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6 Practice Pointers For Pro Bono Immigration Practice
An attorney taking on their first pro bono immigration matter may find the law and procedures beguiling, but understanding key deadlines, the significance of individual immigration judges' rules and specialized aspects of the practice can help avoid common missteps, says Steven Malm at Haynes Boone.
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Lessons From Country Singer's Personal Service Saga
Recent reports that country singer Luke Combs won a judgment against a Florida woman who didn’t receive notice of the counterfeit suit against her should serve as a reminder for attorneys on best practices for effectuating service by electronic means, say attorneys at Jenner & Block.
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7 E-Discovery Predictions For 2024 And Beyond
The legal and technical issues of e-discovery now affect virtually every lawsuit, and in the year to come, practitioners can expect practices and policies to evolve in a number of ways, from the expanded use of relevancy redactions to mandated information security provisions in protective orders, say attorneys at Littler.
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Other Views On Administration And Land Tax: SALT In Review
From another take on ranking the states' tax agencies to the latest proposal on a different approach to land values, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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5 Litigation Funding Trends To Note In 2024
Over the next year and beyond, litigation funding will continue to evolve in ways that affect attorneys and the larger litigation landscape, from the growth of a secondary market for funded claims, to rising interest rates restricting the availability of capital, says Jeffery Lula at GLS Capital.