Tax

NJ Tax Talk: New Bypass For SALT Deduction Cap

Recently enacted New Jersey legislation that allows a bypass of the Tax Cuts and Jobs Act's $10,000 limit on state and local tax deductions may entice residents to structure their businesses as pass-through entities, say Steven Saraisky and Reuben Muller at Cole Schotz.

The Rise Of The No-Indemnity M&A Deal

The increasing use of a private M&A transaction structure that allows sellers to exit without indemnity obligations makes it crucial for buyers to focus on representation and warranties insurance policy terms as their only means of recourse, say Ann Dorsett and Gregory Hawver at McGuireWoods.

Nissan Ex-CEO Illustrates Do's And Don'ts Of Image Repair

Lawyers can draw a number of useful lessons about reputation management from the efforts of former Nissan executive Carlos Ghosn — who recently escaped house arrest in Tokyo — to restore his sullied reputation, says Elizabeth Ortega at ECO Strategic Communications.

3 Concerns If Your Witness Becomes Flippant At Deposition

In light of a recent Delaware Supreme Court case in which a litigator was rebuked for failing to control his evasive witness during a deposition, attorneys should consider when they may be held responsible for client misconduct and what to do if a client crosses the line, says Philip Sechler of Robbins Russell.

The Int'l, Federal And State Taxation Forecast For 2020

Attorneys at Steptoe & Johnson look at U.S. international, federal and state taxation, including legislative, regulatory and controversy developments expected in 2020.

Ohio Tax Talk: Taking Advantage Of Sustainability Incentives

The state of Ohio is using its tax code and other financial incentives to promote sustainable business investment — which should be of interest to businesses facing pressure from regulators, investors and customers to focus on environmental impacts, say attorneys at Frost Brown.

SG Argument Likely Dooms Ariz. Tax Case At High Court

In Arizona's case challenging California's doing business tax, the solicitor general's recently filed amicus brief arguing that Arizona's constitutional challenge does not warrant the U.S. Supreme Court’s exercise of its original jurisdiction may signal the end of Arizona's attempt to bypass state court, say Robert Merten and Mike Le at Pillsbury.

How Associate Life Has Evolved Over The Past Decade

During the last 10 years, the need to embrace change was fundamental for law firms, and that change affected associates in many ways — most, but not all, for the better, says Brad Kaufman, co-president of Greenberg Traurig.

Why Md.'s Digital Advertising Tax Proposal May Be Unlawful

Maryland’s recently proposed digital advertising tax would likely violate the Internet Tax Freedom Act by discriminating against electronic commerce, and violate the U.S. Constitution's commerce clause by unfairly apportioning the tax base, say Charlie Kearns and Charles Capouet at Eversheds Sutherland.

A Wide Range Of Legal Priorities For Tribes In 2020

This year, Indian Country faces a number of critical policy and legal issues that must be addressed to protect tribal sovereignty, with key developments to watch for in all three branches of government, say attorneys at Akin Gump.

6 Insights For Tax Advisers About Special-Needs Trusts

Planning for the future needs of a family member with an intellectual or developmental disability, who receives government benefits, almost always requires a special-needs trust, and tax advisers too often come late to the conversation, says Rob Wrubel of Cascade Investment Group.

8 Executive Pay Considerations For An Economic Downturn

Amid forecasts of economic volatility, employers should address executive compensation and performance awards progressively and with quick adjustments when disruption hits, say Mark Poerio and Dan Brandenburg at The Wagner Law Group.

Series

Judging A Book: Dyk Reviews 'Democracy And Equality'

In their new book "Democracy and Equality: The Enduring Constitutional Vision of the Warren Court," Geoffrey Stone and David Strauss provide valuable context for U.S. Supreme Court decisions under Chief Justice Earl Warren that have profoundly affected the country, but their overly protective attitude sometimes obscures reality, says Federal Circuit Judge Timothy Dyk.

Policy Push Yields Mixed Results For Biofuels Sector

Policymakers delivered a mixed bag to the biofuels industry at the end of 2019, with both a law retroactively extending the biodiesel and renewable diesel credit, and guidance from the U.S. Environmental Protection Agency that could undercut the biofuels market, say Brandon Kirkham and Joshua Andrews of Faegre Baker Daniels Consulting.

What The Budget Bill Has In Store For Medical Cos.

Last month's bipartisan budget agreement brings key developments for the health care and life sciences industries, including the repeal of certain taxes, but some controversial proposals are noticeably absent, say Kevin Rinker and Jacob Stahl of Debevoise.