State & Local
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February 24, 2025
SC General Revenue Collections Up $849M Through Jan.
South Carolina's general fund revenue from July through January outpaced collections during the same period last fiscal year by $849 million, according to the state Board of Economic Advisors.
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February 24, 2025
Idaho Revenue Through Jan. Down $12M From Forecasts
Idaho's general revenue collection from July through January fell short of forecasts by roughly $12 million, according to a report by the state's Division of Financial Management.
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February 24, 2025
Minn. Tax Court Boosts Parking Lot Value, Citing Own Error
The Minnesota Tax Court boosted its previous valuation of a Minneapolis parking lot, agreeing with a county assessor that it erred when it allowed a downward adjustment to its previous finding.
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February 24, 2025
Md. House Panel OKs Cannabis Tax Exemption For Nurseries
Cannabis sales between nurseries and licensed cannabis businesses would be exempt from Maryland's 9% tax under legislation passed Monday by the state House Ways and Means Committee.
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February 21, 2025
Mich. Pot Cos. Say Grand Rapids' Equity Fees Are Illegal
A group of cannabis companies is suing the city of Grand Rapids in Michigan state court, saying it is illegally charging them millions in fees through its social equity program.
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February 21, 2025
Ohio Board Rejects Dollar Bank's Apportionment Challenge
The Ohio Board of Tax Appeals ruled that it couldn't allow Dollar Bank to obtain a financial institutions tax refund by applying an alternative apportionment method, saying the board lacked jurisdiction to address the company's constitutional challenge to the tax's structure.
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February 21, 2025
The Tax Angle: ABA Midyear Tax Meeting
With a lack of government officials attending the American Bar Association's midyear tax meeting, here's a peek into a reporter's notebook on a few of the week's developing tax stories.
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February 21, 2025
Calif. Sourcing Rules Ready To Drop, But Questions Remain
A key set of market-based sourcing rules for California is finally nearing completion after eight years of work, but significant questions remain as to how they will be administered, including whether they can be applied retroactively.
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February 21, 2025
W.Va. Senate Bill Seeks To Exclude Tips From Taxes
West Virginia would allow residents to deduct tipped wages from their federal adjusted gross income under a bill introduced in the state Senate.
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February 21, 2025
Md. Senate OKs Tax Break For Service Station Conversions
Certain retail service stations in Maryland converted to other uses would be eligible for local property tax breaks under legislation approved by the state Senate and sent to the House.
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February 21, 2025
DLA Piper Tax Attorney Jumps To Vedder Price In Chicago
Vedder Price PC has expanded its Chicago office with the addition of a skilled tax attorney who brings nearly 30 years of experience, most recently with DLA Piper.
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February 21, 2025
Ariz. House Panel OKs Transient Privilege Tax Reduction
Arizona would decrease its transient privilege tax for some classifications and lower its income tax rate for estates, trusts and small businesses under a bill advanced by the state House Ways and Means Committee.
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February 21, 2025
Taxation With Representation: Kirkland, V&E, Cravath, Dechert
In this week's Taxation With Representation, Diamondback Energy buys Midland Basin assets from another oil and natural gas company, GTCR closes its second strategic growth fund, Light & Wonder Inc. buys Grover Gaming's assets, and Barings acquires Artemis Real Estate Partners.
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February 21, 2025
Minn. Bill Seeks Sales Tax Break For Large-Scale Data Centers
Minnesota would allow a sales tax break for certain data centers promising investments of at least $250 million in the state under legislation introduced in the House.
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February 21, 2025
Minn. House Bill Seeks Tax Exemption For Tip Income
Tip income would be exempt from Minnesota individual income tax under legislation in the state House of Representatives.
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February 21, 2025
Colo. House Panel OKs Privacy Rules For Sales Tax Audits
Colorado would enhance its rules to protect the confidentiality of taxpayer information held by third-party sales tax auditors, with possible misdemeanor charges for violations, under legislation approved by a House panel.
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February 21, 2025
SD Updates Tax Law References To Internal Revenue Code
South Dakota updated references in its tax statutes to the current Internal Revenue Code under a bill signed by the governor.
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February 20, 2025
Biz Groups Pan Worldwide Reporting In Md. Tax Package
Worldwide combined reporting for corporations in Maryland, along with other provisions in a legislative tax proposal, would discourage business investment in the state, business groups told a state House panel Thursday.
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February 20, 2025
Miss. Senate Panel Advances Cuts To Income, Grocery Taxes
Mississippi would cut its flat individual income tax rate by roughly a percentage point over the next five years and reduce the state grocery tax as part of a state Senate tax plan advanced by the chamber's Finance Committee Thursday.
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February 20, 2025
NY Deli Owes Sales Tax On Party Platters, Tribunal Says
A New York deli owes sales tax on its sales of party platters because the platters were considered prepared foods, the state Tax Appeals Tribunal said in a decision released Thursday.
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February 20, 2025
NY Expands Local Power To Give Storm Damage Tax Breaks
New York state expanded municipalities' authority to provide property tax breaks to owners of property damaged by severe storms and other natural disasters by allowing that relief to be granted for small business' property as part of a bill signed by Gov. Kathy Hochul.
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February 20, 2025
Colo. House Panel OKs Employee Ownership Tax Breaks
Colorado would offer tax deductions to businesses that convert to being employee-owned under a bill passed by a committee in the state House of Representatives.
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February 20, 2025
Fla. Senate Bill Seeks Study On Eliminating Property Taxes
A Republican Florida state senator filed legislation that would require a state agency to study the prospects of eliminating property taxes in exchange for levying additional state and local sales taxes.
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February 20, 2025
Hawaii Tax Revenues In Jan. Down $171M From Last Year
Hawaii's total tax revenues in January fell $171 million compared with the same month last year, according to data released Thursday by the state's Department of Taxation.
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February 20, 2025
Kan. Senate Bill Seeks Tax Subtraction For Tips
Kansas would allow taxpayers to subtract up to $25,000 in tips from their taxable income under a bill introduced in the state Senate.
Expert Analysis
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Open Season On A Department Of Revenue: SALT In Review
From a Kentucky proposal that would put the state's tax staffers in the crosshairs to yet another call to exempt tips from tax, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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5 Ways To Create Effective Mock Assignments For Associates
In order to effectively develop associates’ critical thinking skills, firms should design mock assignments that contain a few key ingredients, from messy fact patterns to actionable feedback, says Abdi Shayesteh at AltaClaro.
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Mentorship Resolutions For The New Year
Attorneys tend to focus on personal achievements or career milestones when they set yearly goals, but one important area often gets overlooked in this process — mentoring relationships, which are some of the most effective tools for professional growth, say Kelly Galligan at Rutan & Tucker and Andra Greene at Phillips ADR.
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5 Litigation Funding Trends To Note In 2025
Lawyers and their clients must be prepared to navigate an evolving litigation funding market in 2025, made more complicated by a new administration and the increasing overall cost of litigation, says Jeffery Lula at GLS Capital.
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Rethinking Litigation Risk And What It Really Means To Win
Attorneys have a tendency to overestimate litigation risk before summary judgment and underestimate risk after it, but an eight-stage litigation framework can clarify risk at different points and help litigators reassess what true success looks like in any particular case, says Joshua Libling at Arcadia Finance.
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Bad Ideas From Coast To Coast: SALT In Review
From calls for higher taxes in Washington state to New Jersey's tax credits for Netflix, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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No, Litigation Funders Are Not 'Fleeing' The District Of Del.
A recent study claimed that litigation funders have “fled” Delaware federal court due to a standing order requiring disclosure of third-party financing, but responsible funders have no problem litigating in this jurisdiction, and many other factors could explain the decline in filings, say Will Freeman and Sarah Tsou at Omni Bridgeway.
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5 E-Discovery Predictions For 2025 And Beyond
In the year to come, e-discovery will be shaped by new and emerging trends, from the adoption of artificial intelligence provisions in protective orders, to the proliferation of emojis as a source of evidence in contemporary litigation, say attorneys at Littler.
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Illinois Banking Brief: All The Notable Legal Updates In Q4
While the last quarter of 2024 didn't bring any notable state financial legislation, Illinois banks did see developments in the challenge to the Interchange Fee Prohibition Act, and received some awaited guidance on credit line disclosures and bank-fintech relationships, say attorneys at Dykema.
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7 Ways 2nd Trump Administration May Affect Partner Hiring
President-elect Donald Trump's return to the White House will likely have a number of downstream effects on partner hiring in the legal industry, from accelerated hiring timelines to increased vetting of prospective employees, say recruiters at Macrae.
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E-Discovery Quarterly: Rulings On Custodian Selection
Several recent rulings make clear that the proportionality of additional proposed custodians will depend on whether the custodians have unique relevant documents, and producing parties should consider whether information already in the record will show that they have relevant documents that otherwise might not be produced, say attorneys at Sidley.
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Exploring Venue Strategy For Trump-Era Regulatory Litigation
Litigation will likely play a prominent role in shaping policy outcomes during the second Trump administration, and stakeholders have several tools at their disposal to steer regulatory litigation toward more favorable venues, say attorneys at Covington.
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Tops In Their Field: SALT In Review
RSM's David Brunori begins 2025 with a second annual roundup of the nation's best state tax agencies.