State & Local
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March 09, 2026
NM Authorizes Tax Rounding, Interest Waivers For Extensions
New Mexico authorized its Taxation and Revenue Department to round tax amounts to the nearest 5 cents and waive interest when the department grants a tax deadline extension for good cause under a bill signed by the governor.
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March 06, 2026
Clean Energy Tax Credit Market Thrives Despite New Limits
The market for selling clean energy tax credits continues to thrive despite the 2025 budget law's stricter eligibility rules for solar and wind incentives, with more corporations embracing the ability to buy those credits as a streamlined method to shrink their tax liabilities.
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March 06, 2026
Revised Millionaires' Tax Proposal Wins Wash. Gov.'s Support
An amended version of a proposed tax on Washington state residents earning more than $1 million in a single year has met criteria demanded by Democratic Gov. Bob Ferguson, and he will sign it if it reaches his desk, he said Friday.
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March 06, 2026
New Owner Can't Appeal Loss Of Tax Break, Court Says
An Oregon landowner cannot appeal the property's disqualification from the state's farm use assessment because that determination was made before the owner purchased it, the state tax court said.
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March 06, 2026
Colo. House OKs Fiscal Info Requirement For Ballot Measures
Colorado ballot measures that would increase state expenditures without identifying corresponding revenues to pay for them would be required to explain what government operations would receive reduced funding as a result under legislation passed Friday by the state House of Representatives.
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March 06, 2026
Taxation With Representation: Slaughter And May, Kirkland
In this week's Taxation With Representation, British insurer Beazley accepts a cash takeover offer from Zurich Insurance Group, a consortium of investors led by Blackrock's Global Infrastructure Partners and the EQT Infrastructure VI fund buys energy company AES, and private equity firm Thoma Bravo acquires third-party logistics provider WWEX.
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March 06, 2026
Ala. Horse Rehab Can't Claim Losses, Tribunal Says
An Alabama horse rehabilitation center is a hobby, not a business, and therefore not eligible for a business loss deduction, the state Tax Tribunal ruled.
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March 06, 2026
Colo. Income Tax Cap Ballot Proposals Advanced By Board
Colorado would cap its flat corporate and individual income tax rate at its current level of 4.4% under a pair of proposed ballot measures for the November election advanced by a state panel.
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March 06, 2026
Ark. Revenue Through Feb. Beats Forecast By $7M
Arkansas revenue from July through February outpaced an estimate by $7 million, according to the state Department of Finance and Administration.
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March 06, 2026
Ala. General Revenue Through Feb. Up $250M
Alabama's general fund revenue collection from October through February outpaced the same period last year by $250 million, according to the state Department of Revenue.
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March 06, 2026
Ore. Lawmakers OK Extension Of SALT Cap Workaround
Oregon would extend by two years its workaround for pass-through entities of the federal cap on deductions for state and local tax payments under legislation passed by the state lawmakers, sending it to the governor.
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March 06, 2026
Colo. House Passes Bill To Boost Mobile Home Tax Exemption
Colorado would raise its property tax exemption for mobile homes and implement other changes recommended by a state task force under legislation passed by the state House of Representatives on Friday.
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March 06, 2026
Iowa Total Receipts Through Feb. Down $100M
Iowa's general fund receipts from July through February lagged behind estimates by $100 million, according to the state Division of the Budget.
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March 05, 2026
Colo. High-Earner Tax Plans Unlawful, State Justices Told
Proposed Colorado ballot measures that would hike taxes on high earners by creating a graduated income tax and dedicate the increased revenue to specific purposes violate the state constitution, opponents told the Colorado Supreme Court, urging it to reject the $2 billion plans.
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March 05, 2026
Fla. House OKs Corp. Tax Decoupling, Other Tax Changes
Florida would decouple from many of the corporate income tax changes made in the 2025 federal budget bill, create new statewide tax exemptions and make other modifications under an omnibus bill passed Thursday by the state House.
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March 05, 2026
Md. House Bill Seeks One-Time Surtax On Billionaires
Maryland would impose a one-time surtax on billionaires, with graduated rates ranging from 3% to 6% on wealth beyond $1 billion, under legislation pitched to a state House of Delegates panel Thursday.
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March 05, 2026
Two Dozen States Sue Trump To Halt New Global Tariffs
A coalition of 24 states sued President Donald Trump's administration Thursday in the U.S. Court of International Trade to block global tariffs that the White House imposed shortly after the U.S. Supreme Court struck down an earlier round of tariffs.
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March 05, 2026
Minn. Court Barely Changes $108M Office Building Valuation
A Minnesota office building was slightly overvalued, the state tax court ruled, agreeing in part with the property owners' income approach and finding that the building's free market value was $108 million.
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March 05, 2026
SD Adds Remote Seller References For Tax Pacts With Tribes
South Dakota modified parts of the state's law governing tax collection agreements with Native American tribes to incorporate provisions that impose tax on remote sellers and marketplace providers under a bill signed by the governor.
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March 05, 2026
Texas Revenues Through Feb. Beat Last Year By $127M
Texas' general fund revenue collection from September through February was $127 million higher than the same period last year, according to the state comptroller.
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March 05, 2026
Miss. Revenues Through February Exceed Estimate By $99M
Mississippi's general fund revenue collection from July through February outpaced estimates by $99 million, according to the state Department of Revenue.
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March 05, 2026
Ore. Lawmakers Approve $1M Tax Break For New Banks
Banks starting business in Oregon would be eligible for tax credits worth up to $1 million over four years under legislation passed by lawmakers and heading to the governor.
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March 05, 2026
W.Va. Revenue Through Feb. Tops Forecast By $159M
West Virginia's general revenue collection from July through February beat an estimate by $159 million, according to the state Department of Revenue.
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March 05, 2026
Minn. Panel OKs Extending SALT Cap Workaround For PTEs
Minnesota would extend its workaround for pass-through entities of the federal cap on deductions for state and local tax payments under legislation recommended for passage Thursday by the Senate Taxes Committee.
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March 05, 2026
Ore. Lawmakers Pass Lodging Tax Hike
Oregon would raise its lodging tax rate and put the new revenue toward natural resource programs, including a compensation fund for losses caused by wolves, under legislation approved by lawmakers.
Expert Analysis
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4 Ways GCs Can Manage Growing Service Of Process Volume
As automation and arbitration increase the volume of legal filings, in-house counsel must build scalable service of process systems that strengthen corporate governance and manage risk in real time, says Paul Mathews at Corporation Service Co.
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The Law Firm Merger Diaries: Forming Measurable Ties
Relationship-building should begin as early as possible in a law firm merger, as intentional pathways to bringing people together drive collaboration, positive client response, engagements and growth, says Amie Colby at Troutman.
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3 Key Takeaways From Planned Rescheduling Of Cannabis
An executive order reviving cannabis rescheduling represents a monumental change for the industry and, while the substance will remain illegal at the federal level, introduces several benefits, including improving state-legal cannabis operators' tax treatment, lowering the industry's legal risk profile, and leaving state-regulated markets largely intact, say attorneys at Dentons.
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OFAC Sanctions Will Intensify Amid Global Tensions In 2026
The Office of Foreign Assets Control will ramp up its targeting of companies in the private equity, venture capital, real estate and legal markets in 2026, in keeping with the aggressive foreign policy approach embraced by the Trump administration in 2025, say attorneys at Holland & Knight.
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5 E-Discovery Predictions For 2026 And Beyond
2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.
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Judges On AI: How Courts Can Boost Access To Justice
Arizona Court of Appeals Judge Samuel A. Thumma writes that generative artificial intelligence tools offer a profound opportunity to enhance access to justice and engender public confidence in courts’ use of technology, and judges can seize this opportunity in five key ways.
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In Praise Of These 10 Revenue Agencies: SALT In Review
RSM's David Brunori, a contributor who regularly offers his thoughts on noteworthy state and local tax news, opens 2026 with his annual presentation of the nation's top 10 revenue departments.
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Hot Topics For Family Offices In 2026
For family offices, the throughline of 2026 is disciplined readiness, as navigating impact from the One Big Beautiful Bill Act and platform maturation will be necessary to preserve flexibility and enhance client outcomes, say attorneys at Morgan Lewis.
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The Case For Emulating, Not Dividing, The Ninth Circuit
Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.
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5 Tariff And Trade Developments To Watch In 2026
A new trade landscape emerged in 2025, the contours of which will be further defined by developments that will merit close attention this year, including a key ruling from the U.S. Supreme Court and a review of the U.S.-Mexico-Canada Agreement, says Ted Posner at Baker Botts.
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4 Developments That Defined The 2025 Ethics Landscape
The legal profession spent 2025 at the edge of its ethical comfort zone as courts, firms and regulators confronted how fast-moving technologies and new business models collide with long-standing professional duties, signaling that the profession is entering a period of sustained disruption that will continue into 2026, says Hilary Gerzhoy at HWG Law.
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The Answer, In A Word, Is Federalism: SALT In Review
From the treasury secretary's view of states that resist conformity to a proposed retroactive tax on California's billionaires, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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How Fractional GCs Can Manage Risks Of Engagement
As more organizations eliminate their in-house legal departments in favor of outsourcing legal work, fractional general counsel roles offer practitioners an engaging and flexible way to practice at a high level, but they can also present legal, ethical and operational risks that must be proactively managed, say attorneys at Boies Schiller.