State & Local
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February 10, 2025
Ill. House Bill Seeks Income Tax Deduction For Betting Losses
Illinois would create an income tax deduction for losses from some betting transactions under a bill filed in the House of Representatives.
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February 10, 2025
NM House Bill Seeks Small-Biz Tax Credit For Disasters
New Mexico would allow small businesses that have been affected by a disaster to claim a tax credit under a bill introduced in the state House of Representatives.
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February 10, 2025
Skadden Adds Designer Of Tax Cut Act's Int'l Provisions In DC
Skadden Arps Slate Meagher & Flom LLP announced Monday it has hired a tax attorney who helped create some international provisions in the Tax Cuts and Jobs Act of 2017, and who joins the firm as House Republicans signal they'll vote to renew some measures of that bill that are set to expire.
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February 10, 2025
Md. Bill Aims To Extend Apprenticeship Credit, End Wage Rule
Maryland would extend its apprenticeship tax credit by six years and remove the credit's requirement that apprentices be paid at least half the prevailing wage under legislation introduced in the state House of Delegates.
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February 10, 2025
Conn. Net Revenue Through Dec. Up $421M From Last Year
Connecticut general net revenues from July through December outpaced the same period last fiscal year by $421 million, according to a report by the state Department of Revenue Services.
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February 10, 2025
Md. House Bill Would Tax Sugary Beverages
Maryland would charge an excise tax on sugary drinks of 2 cents per ounce, adjusted annually, under a bill introduced in the state House of Delegates.
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February 10, 2025
Pillsbury Recruits Former Mayer Brown Tax Pro In NY
Pillsbury Winthrop Shaw Pittman LLP said it has recruited a former Mayer Brown LLP tax expert to serve as a partner in Pillsbury's New York office.
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February 10, 2025
Md. Bill Seeks Tax Credit For Small Biz Cybersecurity
Maryland would allow a refundable tax credit for some costs of cybersecurity measures undertaken by small businesses under legislation introduced in the state House of Delegates.
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February 10, 2025
Ill. Bill Seeks Income Tax Break For Child Care Property Tax
Illinois would create an individual and corporate income tax deduction for property taxes paid by privately owned child care centers under a bill introduced in the state House of Representatives.
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February 10, 2025
Ill. House Bill Would Cut Sales Tax On Diapers, Baby Wipes
Illinois would reduce its retail sales tax rate for diapers and baby wipes under a bill introduced in the state House of Representatives.
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February 07, 2025
Md. Bill Would Bar Local Taxes On Carryout Bags
Maryland would bar local governments from imposing new taxes or other charges on carryout bags used by retail consumers under legislation introduced Friday.
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February 07, 2025
Ill. DOR Rule Would Carry Out Sales Tax Sourcing Change
The Illinois Department of Revenue would implement a recent law requiring out-of-state sellers to use destination sourcing for remitting sales tax under a proposed rule released Friday.
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February 07, 2025
SD General Revenues Through Jan. Beat Forecast By $2.5M
South Dakota's general fund revenue collection from July through January outpaced estimates by $2.5 million, the state's Bureau of Finance and Management said.
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February 07, 2025
Colo. Panel OKs Extending Advanced Industry Tax Credit
Colorado would extend its advanced industry investment tax credit for five years under legislation approved by the House Finance Committee.
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February 07, 2025
NH Tax Revenues Through Jan. $39M Under Forecast
New Hampshire's revenue collection from July through January trailed estimates by $39 million, according to the state Department of Administrative Services.
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February 07, 2025
Kentucky Will Reduce Its Flat Income Tax Rate
Beginning in 2026, Kentucky will lower its flat individual income tax rate by half of a percentage point under a bill signed by the governor.
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February 07, 2025
Minn. House Bill Seeks Amendment To Refund Budget Surplus
Minnesota would propose a constitutional amendment that, if approved, would create a tax relief account to give taxpayers refunds of surplus state revenue under a bill introduced in the state House of Representatives.
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February 07, 2025
Colo. House Panel Narrowly OKs Sundance Film Credit Bill
Colorado would enact a $34 million tax credit to attract the Sundance Film Festival under legislation passed by a House committee over concerns it provides undue benefit to one community and one entity.
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February 07, 2025
Iowa Tax Revenue Collection Through Jan. Down $243M
Iowa's total receipts from July through January were $243 million lower than the same period last year, according to a report by the state Department of Management.
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February 07, 2025
RI Digital Ad Tax Plan Invites Legal Challenges, COST Says
Rhode Island's proposal to create a tax on digital advertising revenues over $1 billion would face similar constitutional concerns that have plagued the similar Maryland tax, the Council on State Taxation told Rhode Island lawmakers.
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February 07, 2025
Taxation With Representation: Kirkland, Latham, Skadden
In this week's Taxation With Representation, Triumph Group goes private via Berkshire Partners and Warburg Pincus affiliates, alternative asset manager TPG buys Altus Power, Globus Medical buys Nevro Corp., and Honeywell separates its automation and aerospace technology businesses, resulting in the formation of three distinct companies.
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February 07, 2025
Md. Bill Would Apply Hotel Tax To Full Customer Cost
Maryland would apply its hotel rental tax to the full cost paid by the customer for booking the accommodations and mandate collection by large rental intermediaries under legislation in the state General Assembly.
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February 06, 2025
Illinois Judge Extends Hold On Swipe Fee Law To More Banks
An Illinois federal judge on Thursday expanded a preliminary injunction against Illinois' controversial swipe fee law, adding out-of-state banks to the list of financial institutions shielded from having to comply with the law when it takes effect later this year, while declining to add federal credit unions to the list.
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February 06, 2025
Baker McKenzie Partner Rejoins Firm From Apple
Baker McKenzie announced that a former partner specializing in trade and customs law has rejoined the firm after serving as principal counsel and the lead adviser on global trade matters for Apple.
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February 06, 2025
Trump Lays Out Tax Priorities In Meeting With GOP
President Donald Trump encouraged Republican leaders in Congress to fulfill his campaign promises to eliminate taxes on Social Security benefits, overtime pay and tips and to renew the Tax Cuts and Jobs Act this year, a White House spokesperson told reporters Thursday.
Expert Analysis
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Firms Must Offer A Trifecta Of Services In Post-Chevron World
After the U.S. Supreme Court’s Loper Bright Enterprises v. Raimondo decision overturning Chevron deference, law firms will need to integrate litigation, lobbying and communications functions to keep up with the ramifications of the ruling and provide adequate counsel quickly, says Neil Hare at Dentons.
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5 Tips To Succeed In A Master Of Laws Program And Beyond
As lawyers and recent law school graduates begin their Master of Laws coursework across the country, they should keep a few pointers in mind to get the most out of their programs and kick-start successful careers in their practice areas, says Kelley Miller at Reed Smith.
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Portland's Gross Receipts Tax Oversteps City's Authority
Recent measures by Portland, Oregon, that expand the voter-approved scope of the Clean Energy Surcharge on certain retail sales eviscerate the common meaning of the word "retail" and exceed the city's chartered authority to levy tax, say Nikki Dobay at Greenberg Traurig and Jeff Newgard at Peak Policy.
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How Law Firms Can Avoid 'Collaboration Drag'
Law firm decision making can be stifled by “collaboration drag” — characterized by too many pointless meetings, too much peer feedback and too little dissent — but a few strategies can help stakeholders improve decision-making processes and build consensus, says Steve Groom at Miles Mediation.
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Assessing The Practicality Of Harris' Affordable Housing Plan
Vice President Kamala Harris' proposed "Build the American Dream" plan to tackle housing affordability issues takes solid recommendations into account and may fare better than California's unsuccessful attempt at a similar program, but the scope of the problem is beyond what a three-point plan can solve, says Brooke Miller at Sheppard Mullin.
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Litigation Funding Disclosure Key To Open, Impartial Process
Blanket investor and funding agreement disclosures should be required in all civil cases where the investor has a financial interest in the outcome in order to address issues ranging from potential conflicts of interest to national security concerns, says Bob Goodlatte, former U.S. House Representative for Virginia.
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What NFL Draft Picks Have In Common With Lateral Law Hires
Nearly half of law firm lateral hires leave within a few years — a failure rate that is strikingly similar to the performance of NFL quarterbacks drafted in the first round — in part because evaluators focus too heavily on quantifiable metrics and not enough on a prospect's character traits, says Howard Rosenberg at Baretz+Brunelle.
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Replacing The Stigma Of Menopause With Law Firm Support
A large proportion of the workforce is forced to pull the brakes on their career aspirations because of the taboo surrounding menopause and a lack of consistent support, but law firms can initiate the cultural shift needed by formulating thoughtful workplace policies, says Barbara Hamilton-Bruce at Simmons & Simmons.
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Planning Law Firm Content Calendars: What, When, Where
During the slower month of August, law firms should begin working on their 2025 content calendars, planning out a content creation and distribution framework that aligns with the firm’s objectives and maintains audience engagement throughout the year, says Jessica Kaplan at Legally Penned.
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Specific Attacks On A Vague Tax Law: SALT In Review
From legal assaults on California's vague new sales-factor law to Minnesota Gov. Tim Walz's record on tax policy, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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Law Firms Should Move From Reactive To Proactive Marketing
Most law firm marketing and business development teams operate in silos, leading to an ad hoc, reactive approach, but shifting to a culture of proactive planning — beginning with comprehensive campaigns — can help firms effectively execute their broader business strategy, says Paul Manuele at PR Manuele Consulting.
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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.