State & Local
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October 21, 2024
NJ General Revenues Through Sept. Rise 4% From Last Year
New Jersey general revenue from July through September beat last year's collection by 4.3%, according to the state Department of the Treasury.
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October 21, 2024
New ABA Tax Chair-Elect Aims To Expand Leadership Paths
The new chair-elect of the American Bar Association Section of Taxation told Law360 that she wants to broaden the pathways to leadership for members, including those early in their careers, as part of the section's diversity, equity and inclusion initiatives. Here, Megan Brackney shares more about her background and goals for the section.
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October 18, 2024
Law360 MVP Awards Go To Top Attys From 74 Firms
The attorneys chosen as Law360's 2024 MVPs have distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.
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October 18, 2024
Law360 Will Track 2024 Ballot Measures On Real-Time Map
As citizens across the country weigh in on federal, state and local elections this November, Law360's 2024 ballot measure map will track election results for tax-related ballot measures in real time. Here, Law360 dives into what's on the ballots in Georgia, Nevada, Wyoming and Denver.
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October 18, 2024
Fla. Extends Dyed Fuel Penalty Waiver After Milton
Florida is extending its temporary waiver of penalties for businesses and individuals that use or sell dyed diesel fuel for on-highway use through Oct. 30 in response to Hurricane Milton, the state Department of Revenue said.
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October 18, 2024
San Francisco Tax Measures Could Mean Big Changes For Biz
San Francisco voters could significantly change the city's business climate next month if they approve two ballot measures, one that would overhaul the city's gross receipts tax and increase rates for larger businesses and another that would impose an annual additional graduated tax on ride-hailing companies. Here, Law360 takes a look at the two proposals.
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October 18, 2024
Ind. City Can't Levy Additional Property Tax For Shortfall
A city in Indiana cannot levy an additional property tax of nearly $1 million to make up for budget shortfalls because those shortfalls do not qualify for the granting of an excess levy, the Indiana Tax Court ruled.
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October 18, 2024
Minn. Tax Court Refuses Big Changes To Parking Lot's Value
The Minnesota Tax Court lowered the assessed value of a parking lot property by about $200,000 to $11.7 million, rejecting arguments for larger changes by the property owner and a county.
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October 18, 2024
Colo. Extends Tax Deadlines For Hurricane Victims
Colorado is delaying deadlines for state taxpayers impacted by hurricanes Helene and Milton, Gov. Jared Polis and the state tax department said Friday.
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October 18, 2024
JetBlue Says Fla. Must Face Claims Against Airline Tax Rules
JetBlue urged a Florida state court to reject the state Department of Revenue's bid to dismiss the company's claims that Florida unconstitutionally taxed the airline's extraterritorial income, saying its case isn't analogous to a dispute from Frontier Airlines that a court dismissed.
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October 18, 2024
Mo. Commission Should Refund Interest, Telecom Co. Says
A Charter Communications entity that was granted a use tax refund of nearly $437,000 because it qualified as a manufacturer should also be granted repayment of the interest that accrued on the refunded taxes, the company told the Missouri Administrative Hearing Commission.
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October 18, 2024
Fla. Delays Tax Deadlines In More Counties Due To Milton
Florida is extending tax due dates for businesses in seven additional counties affected by Hurricane Milton, the state Department of Revenue said, bringing the relief to a total of 24 of the state's 67 counties.
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October 18, 2024
Taxation With Representation: Baker, Simpson, Ropes
In this week's Taxation With Representation, Lundbeck inks a $2.6 billion cash deal for Longboard, Silver Lake agrees to buy Zuora for $1.7 billion, and PPG and American Industrial Partners reach a $550 million deal.
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October 18, 2024
Mass. Tax Dept. Floats Limits On Amnesty For Nonfilers
Massachusetts taxpayers seeking amnesty under a coming program would not be eligible for the program's three-year look-back limit for nonfilers if the state tax department had certain contacts with them, according to a draft notice on the program.
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October 17, 2024
Wash. Justices Say No Addresses Needed For Tax Ballot Items
Washington's secretary of state didn't need to check addresses when validating signatures for five voter initiatives slated for the November ballot, including measures to repeal the state's capital gains tax and to bar income taxes, the state Supreme Court said Thursday.
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October 17, 2024
Illinois Ballot Measure May Reinvigorate Graduated Tax Talks
An Illinois ballot measure that will gauge public interest in imposing a higher tax rate on millionaires to fund property tax relief appears primed to rekindle debates over whether the state's constitutional requirement for a flat income tax should be repealed.
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October 17, 2024
NY Hotel Biz Stuck With $15M Tax Bill After Deductions Denied
A corporation that refurbishes hotels in New York is liable for about $15 million in taxes, a state tribunal said in a decision released Thursday, affirming a ruling that the state's tax agency correctly denied deductions sought by the company.
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October 17, 2024
Mont. Tax Board Upholds Assessment On Storage Facility
The owner of a Montana commercial property used to house storage units was unable to lower its value because the state Tax Appeal Board gave more weight to the state Department of Revenue's valuation using an income analysis.
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October 17, 2024
Ill. Revenue Collection Through Sept. Lags Forecasts By $12M
Illinois' general fund revenue collection from July through September came in below forecasts by $12 million, according to a report by the Governor's Office of Management and Budget.
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October 17, 2024
Idaho Revenue Through Sept. Exceeds Forecast By $66M
Idaho's general fund revenue from July through September beat an estimate by $66 million, the state Division of Financial Management said.
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October 17, 2024
Ore. Tax Dept. Not Bound By IRS Errors, Court Says
Oregon's tax department is not bound by erroneous adjustments made by the Internal Revenue Service to a couple's income tax return, the state's tax court said, saying state law allows the department to adjust state returns.
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October 17, 2024
Conn. Net Revenue Through Sept. Beats Last Year By $123M
Connecticut's net revenue collection from July through September was $123 million higher than it was during the same period last year, according to the state Department of Revenue Services.
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October 17, 2024
Polsinelli Hires McDermott Tax Counsel In DC
Polsinelli PC has hired an attorney who joined the firm's tax group as a shareholder after 12 and a half years with McDermott Will & Emery LLP.
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October 16, 2024
Utah Groups Can't Scrap Corporate Transparency, US Says
A Utah federal court hasn't seen sufficient evidence to block the Corporate Transparency Act's disclosure requirements in presentations by an off-the-grid community, an online meat market and a trade group for cattle producers that have sued over the statute, the federal government said.
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October 16, 2024
Ex-Alderman Can't End Supervised Release For Tax Crime
A former Chicago alderman and attorney who was convicted of tax evasion cannot terminate his court-ordered supervised release, an Illinois federal judge said Wednesday.
Expert Analysis
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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.
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4 Legal Ethics Considerations For The New Year
As attorneys and clients reset for a new year, now is a good time to take a step back and review some core ethical issues that attorneys should keep front of mind in 2024, including approaching generative artificial intelligence with caution and care, and avoiding pitfalls in outside counsel guidelines, say attorneys at HWG.
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What The Law Firm Of The Future Will Look Like
As the legal landscape shifts, it’s become increasingly clear that the BigLaw business model must adapt in four key ways to remain viable, from fostering workplace flexibility to embracing technology, say Kevin Henderson and Eric Pacifici at SMB Law Group.
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4 PR Pointers When Your Case Is In The News
Media coverage of new lawsuits exploded last year, demonstrating why defense attorneys should devise a public relations plan that complements their legal strategy, incorporating several objectives to balance ethical obligations and advocacy, say Nathan Burchfiel at Pinkston and Ryan June at Castañeda + Heidelman.
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10 Considerations For Litigating A New York Tax Case
While some of New York’s recently adopted corporate tax regulations are likely to face legal challenges, aggrieved taxpayers should answer certain questions before deciding to embark on the tax litigation process, say Cyavash Ahmadi and Jeffrey Friedman at Eversheds Sutherland.
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Revenue Agencies At Their Finest: SALT In Review
From a survey of the nation's best departments of revenue to baseball superstar Shohei Ohtani's creative free-agent contract, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.