State & Local

  • May 22, 2024

    DC Empty Building Not Eligible For Tax Exemption, Court Says

    The owner of a vacant building in Washington, D.C., can't claim an exemption from the district's vacant building property tax rate because the owner claimed the exemption outside the allowed two-year period, the district's highest court ruled.

  • May 22, 2024

    Fla. Dept. Owes Biz $1.2M In Interest, Fuel Supplier Tells Court

    The Florida Department of Revenue owes a 7-Eleven fuel supplier $1.2 million in interest on a refund of a duplicate tax assessment the department was ordered to pay, the supplier told a state court.

  • May 22, 2024

    Minn. Lawmakers OK Family Leave Payroll Tax Boost

    Minnesota would raise the payroll premium for its yet-to-begin paid family and medical leave program under a bill passed by state lawmakers in the final hours of their session.

  • May 22, 2024

    SC Expands Abandoned Building Credit, Adds Railroad Credit

    South Carolina expanded its tax credit for the revitalization of abandoned buildings and provided an income tax credit for railroad reconstruction under a bill signed by the governor.

  • May 22, 2024

    SC General Revenue Through April Up $333M From Last Year

    South Carolina's general revenue collection from July through April was up $333 million from last year, the state Board of Economic Advisors reported.

  • May 22, 2024

    ND General Fund Revenue Up $264M From Forecast

    North Dakota general revenue collection from July through April was up $264 million from budget estimates, the state's Legislative Council reported.

  • May 22, 2024

    NYC's Proposed Split From State Tax Regs Sparks Pushback

    New York City's plan to have its coming corporate tax overhaul regulations diverge from certain areas in the state's rules has drawn criticism from practitioners who say the proposals could increase compliance burdens and cut against the underlying law's intent to apply market-based sourcing.

  • May 22, 2024

    Ariz. General Revenues Through April Top Forecast By $120M

    Arizona general revenue fund from July through April was $120 million higher than forecasts, the state Joint Legislative Budget Committee reported.

  • May 22, 2024

    Colo. Extends And Ups Conservation Easement Tax Credit

    Colorado will extend and increase the amount available for its conservation easement tax credit under legislation signed by the governor.

  • May 21, 2024

    SC Justices Urged To Review $12.5M Amazon Tax Dispute

    South Carolina's highest court should review an appeals court's opinion that Amazon was required to collect and remit sales tax on products sold on its marketplace in 2016 and owes the state $12.5 million in tax, according to amicus briefs Law360 obtained Tuesday.

  • May 21, 2024

    Wash. Justices Seem Split On Funds Getting Biz Tax Breaks

    The Washington Supreme Court appeared divided on Tuesday over whether precedent means a group of funds are eligible for a business tax deduction on investment income, with one justice suggesting a previous ruling did not mesh with state tax law.

  • May 21, 2024

    Nixing Green Energy Tax Perks Would Be Tough For Trump

    Former President Donald Trump has vowed to scrap Democrats' signature 2022 climate law should he get reelected in November, but following through on that campaign promise could prove difficult amid bipartisan support for many of the law's clean energy tax incentives and a potentially divided Congress.

  • May 21, 2024

    Nev. Commission Floats Regs To Implement Tax On Cannabis

    Nevada would establish requirements for implementing the state's excise tax on cannabis that would apply to products obtained or bought by a "cannabis consumption lounge" and would clarify tax reporting rules for retail sales of cannabis under regulations proposed by the state Tax Commission.

  • May 21, 2024

    CohnReznick Adds PwC Partner To International Tax Practice

    CohnReznick has a new principal in its international tax practice who previously served as a partner at PwC, the firm announced.

  • May 21, 2024

    22 States Tell 11th Circ. Corp. Transparency Act Goes Too Far

    The federal Corporate Transparency Act unconstitutionally displaces state authority and its enforcement would economically harm states and their residents, attorneys general from 22 states told the Eleventh Circuit, urging it to uphold a ruling that struck down the law.

  • May 21, 2024

    South Carolina Conforms To Federal Tax Code Through 2023

    South Carolina will conform the state's tax laws to reflect changes made to the Internal Revenue Code through the end of last year as part of a bill signed by the governor.

  • May 21, 2024

    NM Dept. Proposes Tax Change For Short-Term Rentals

    New Mexico would clarify that businesses engaged in leasing short-term rentals are subject to gross receipts tax under a proposed rule published Tuesday by the state's revenue department.

  • May 21, 2024

    Ohio Tax Break Doesn't Apply To Farm's Vehicle, Board Says

    An Ohio farming business cannot claim a sales tax exemption on its purchase of a Mercedes-Benz vehicle because the vehicle was not primarily used for farming activity, that state Board of Tax Appeals ruled Tuesday.

  • May 21, 2024

    Ind. Tax Court Says New Home Owner Entitled To Tax Refund

    An Indiana company is entitled to a property tax refund for overpayments it made after acquiring a home in a foreclosure sale, but not for the taxes paid by another lender on behalf of the former owner, the state tax court ruled.

  • May 21, 2024

    Va. Tax Head Clarifies Co.'s Base Year Employment

    A manufacturing company that acquired a Virginia production facility properly determined its base year employment as zero and can elect a single sales factor apportionment method, the state tax commissioner ruled.

  • May 21, 2024

    Strategic Hiring Was The New Normal For BigLaw In 2023

    The 400 largest law firms by headcount in the U.S. grew more slowly in 2023 than in the previous two years, while Kirkland & Ellis LLP surpassed the 3,000-attorney threshold, according to the latest Law360 ranking.

  • May 21, 2024

    The Law360 400: Tracking The Largest US Law Firms

    The legal market expanded more tentatively in 2023 than in previous years amid a slowdown in demand for legal services, especially in transactions, an area that has been sluggish but is expected to quicken in the near future.

  • May 20, 2024

    Transparency Act Violates Constitution, Groups Tell 11th Circ.

    The Corporate Transparency Act's reporting requirements violate the Fifth Amendment's protection against self-incrimination and other constitutional provisions, libertarian think tank Cato Institute and others said Monday in urging the Eleventh Circuit to uphold an Alabama district court's ruling against the law.

  • May 20, 2024

    NY Senate Approves Making Usage Of Tax 'Zappers' A Felony

    New York would make it a crime to make, sell, install or use software used to falsify electronic records to avoid taxes under legislation passed by the state Senate on Monday.

  • May 20, 2024

    Virginia Co. Can't Escape Tax After Exiting Bankruptcy

    A Virginia company that filed for Chapter 11 bankruptcy is on the hook for a disputed corporate income tax assessment because the liability occurred after the company emerged from bankruptcy, the state's tax commissioner said.

Expert Analysis

  • Think Like A Lawyer: Follow The Iron Rule Of Trial Logic

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    Many diligent and eager attorneys include every good fact, point and rule in their trial narratives — spurred by the gnawing fear they’ll be second-guessed for leaving something out — but this approach ignores a fundamental principle of successful trial lawyering, says Luke Andrews at Poole Huffman.

  • The Art Of Asking: Leveraging Your Contacts For Referrals

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    Though attorneys may hesitate to ask for referral recommendations to generate new business, research shows that people want to help others they know, like and trust, so consider who in your network you should approach and how to make the ask, says Rebecca Hnatowski at Edwards Advisory.

  • 4 Ways To Refresh Your Law Firm's Marketing Strategy

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    With many BigLaw firms relying on an increasingly obsolete marketing approach that prioritizes stiff professionalism over authentic connection, adopting a few key communications strategies to better connect with today's clients and prospects can make all the difference, say Eric Pacifici and Kevin Henderson at SMB Law.

  • Consider 2 Alternative Exit Plans In RE Distress Scenarios

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    In the face of an impending wave of foreclosures, lenders and borrowers alike should consider two exit strategies — deed-in-lieu of foreclosure and consent foreclosure — that can mitigate potential costs and diminution in property value that could be incurred during a lengthy proceeding, say attorneys at BCLP.

  • SC's Courts Have It Wrong On Amazon Marketplace Sales Tax

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    The South Carolina Supreme Court should step in and correct the misguided change in tax law effectuated by lower court rulings that found Amazon owes state sales tax for marketplace sales made prior to the U.S. Supreme Court’s Wayfair v. South Dakota decision in 2018, says Hayes Holderness at the University of Richmond.

  • Constitutional Shenanigans And Other Sports: SALT In Review

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    From a challenge to New York's end run on a federal law to voters' rejection of a sales tax that would aid Kansas City's major league teams, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.

  • This Earth Day, Consider How Your Firm Can Go Greener

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    As Earth Day approaches, law firms and attorneys should consider adopting more sustainable practices to reduce their carbon footprint — from minimizing single-use plastics to purchasing carbon offsets for air travel — which ultimately can also reduce costs for clients, say M’Lynn Phillips and Lisa Walters at IMS Legal Strategies.

  • Weisselberg's Perjury At Trial Spotlights Atty Ethics Issues

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    Former Trump Organization executive Allen Weisselberg’s recent guilty plea for perjury in the New York attorney general's civil fraud trial should serve as a reminder to attorneys of their ethical duties when they know a client has lied or plans to lie in court, and the potential penalties for not fulfilling those obligations, say Hilary Gerzhoy and Julienne Pasichow at HWG.

  • Practicing Law With Parkinson's Disease

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    This Parkinson’s Awareness Month, Adam Siegler at Greenberg Traurig discusses his experience working as a lawyer with Parkinson’s disease, sharing both lessons on how to cope with a diagnosis and advice for supporting colleagues who live with the disease.

  • Why Supreme Court Should Allow Repatriation Tax To Stand

    If the U.S. Supreme Court doesn't reject the taxpayers' misguided claims in Moore v. U.S. that the mandatory repatriation tax is unconstitutional, it could wreak havoc on our system of taxation and result in a catastrophic loss of revenue for the government, say Christina Mason and Theresa Balducci at Herrick Feinstein.

  • For Lawyers, Pessimism Should Be A Job Skill, Not A Life Skill

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    A pessimistic mindset allows attorneys to be effective advocates for their clients, but it can come with serious costs for their personal well-being, so it’s crucial to exercise strategies that produce flexible optimism and connect lawyers with their core values, says Krista Larson at Stinson.

  • Trump's NY Civil Fraud Trial Spotlights Long-Criticized Law

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    A New York court’s recent decision holding former President Donald Trump liable for fraud brought old criticisms of the state law used against him back into the limelight — including its strikingly broad scope and its major departures from the traditional elements of common law fraud, say Mark Kelley and Lois Ahn at MoloLamken.

  • Speaking Of Ideas Hard To Swallow: SALT In Review

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    From a Pennsylvania bill that would force corporate tax disclosure to a proposed candy tax in California, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.

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