State & Local
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November 03, 2026
Calif. Dentists Didn't Show They Earned R & D Credits
Two California dentists did not merit research and development tax credits because they failed to provide proper documentation to prove that the qualifying research activities had actually occurred, the state Office of Tax Appeals said.
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November 03, 2026
Mass. Board Upholds Tax Value Of 1683 Home, Partial Build
The Massachusetts Appellate Tax Board rejected a property owner's claims that her home built in 1683 and slated for destruction had no market value and that a partially built replacement home was overvalued, upholding a town assessor's valuation.
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November 03, 2026
Texas Net Revenue Through Oct. Rises By 8.5%
Texas' net revenue in September and October grew by 8.5% from the same period last year, according to the state comptroller's office.
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November 03, 2026
Calif. LLC Must Report Allocated Income, OTA Says
A California owner of a limited liability company that held an ownership interest in a partnership is required to recognize all the income allocated to it even though the distributions it received are lower than the allocation, the state Office of Tax Appeals said.
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November 03, 2026
Fla. Revenues Through Sept. $436M Over Forecast
Florida's net revenue from July through September outpaced estimates by $436 million, according to the state's Office of Economic and Demographic Research.
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November 03, 2026
Mass. Home's Sale Price Best Indicator Of Value, Board Says
The recent purchase price of a Massachusetts couple's home was the best evidence of its fair cash value for property tax purposes, the state's Appellate Tax Board said, rejecting the owner's effort to reduce the assessment.
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November 03, 2026
Ohio Justices Toss Challenge To City's Tax Ballot Measure
The Ohio Supreme Court rejected a bid from several groups to invalidate a city's tax increase ballot measure whose ballot language didn't mention a credit for taxes paid to other localities would remain unchanged, saying the language comported with a state law's requirements for local tax increase measures.
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November 03, 2026
W.Va. Revenue Through Oct. Beats Estimate by $54M
West Virginia's general fund revenue from July through October exceeded forecasts by $54 million, according to the state Department of Revenue.
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November 03, 2026
Latham Hires Tax Partner In DC From Morgan Lewis
Latham & Watkins LLP has hired a former Morgan Lewis & Bockius LLP partner who spent 16 years with his previous firm working on tax and employee benefits issues.
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November 02, 2026
Ill. Draft Rules Detail Scope Of Digital Ad Tax
Targeted advertising services that can be performed with only minimal help would be subject to Illinois' digital advertising tax under draft rules released by the state's tax agency.
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November 02, 2026
Calif. OTA Says Pfizer Unit's Credits Can Offset AMT
A biopharmaceutical company that's now part of Pfizer was entitled to use research tax credits to offset alternative minimum tax liabilities, the California Office of Tax Appeals said in an opinion released Monday, overturning a state tax agency.
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November 02, 2026
Calif. Man Responsible For Furniture Co.'s Unpaid Tax
A California man who was the CEO and CFO of a now defunct furniture outlet company is responsible for nearly $1.5 million in unpaid taxes and penalties, the state Office of Tax Appeals said in a ruling released Monday.
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November 02, 2026
MVP: Gibson Dunn's Michael Cannon
Michael Cannon, a partner in Gibson Dunn & Crutcher LLP's Dallas office, co-led the tax team advising SpaceX on its pivotal transactions that wrapped up this year, including the largest initial public offering and M&A of all time, earning him a spot as one of the 2026 Law360 Tax MVPs.
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November 02, 2026
Ohio Board Denies Religious Tax Break For Now-Empty Land
An Ohio property that was a church prior to sustaining storm damage and being demolished is not eligible for a religious property exemption, the state Board of Tax Appeals ruled Monday.
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November 02, 2026
Maine Revenue Through Sept. Beat Estimates by $27M
Maine's general fund revenue collection from July through September was $27 million ahead of forecasts, according to the Department of Administrative and Financial Services.
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November 02, 2026
Mo. Commission Declines To Value Lowe's Stores As Vacant
A Missouri State Tax Commission panel rejected arguments from Lowe's that four of the home improvement giant's store properties should be assessed for property tax purposes as though they were vacant, saying that method would value the properties based on hypothetical conditions.
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November 02, 2026
Tax Policy To Watch After The Midterm Elections
When lawmakers return to Washington, D.C., after the midterm elections, proposals to overhaul the Internal Revenue Service's administration could be ripe for inclusion in a year-end package if the goal is to clear the decks before the next legislative session, according to tax policy observers. Here, Law360 takes a look.
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October 30, 2026
Law360 MVP Awards Go To Top Attorneys From 89 Firms
The lawyers chosen as Law360's 2026 MVPs stand out from their peers by notching significant achievements in high-stakes litigation, complex global matters and record-setting transactions.
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October 30, 2026
Colo. Justices Keep Graduated Income Tax Measure On Ballot
The Colorado Supreme Court Friday affirmed the dismissal of a man's complaint seeking to have an initiative to raise taxes on the state's wealthiest residents removed from the ballot due to some petition entities not registering their circulators properly with the state.
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October 30, 2026
Hedge Fund Exec Fights $40M In IRS Foreign Reporting Fines
A hedge fund manager is seeking to recover nearly $40 million in foreign account reporting penalties, telling the U.S. Court of Federal Claims that the IRS violated his due process rights and administrative rules in imposing fines linked to his bankrupt Texas tycoon father's international accounts.
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October 30, 2026
Mo. Court Rejects Challenge To Property Tax Increase Caps
A challenge to voter-approved local caps on residential property tax hikes in Missouri was struck down by a state circuit court, which found the taxpayers and taxing authorities involved did not have standing to bring the suit.
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October 30, 2026
Int'l Tax In October: UK Targets Banks, US Nixes Spinoff Rule
The U.K. government issued its first budget under a new prime minister in October and is looking to the banking industry to boost revenue, while in the U.S., a dispute over a Minnesota medical device company's pricing with a Puerto Rican affiliate could require a third Tax Court trial after settlement talks failed. Here, Law360 looks at the top international tax developments from the past month.
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October 30, 2026
Buchalter Adds Tax Pro In Dallas From Jackson Walker
Buchalter PC's rapid growth in Texas continues with the addition of a Dallas-based tax partner who came aboard from Jackson Walker LLP.
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October 30, 2026
3 Ways Burgeoning AI Use Can Trip Up Benefits Providers
As the use of artificial intelligence in the employee benefits space grows, experts warn that companies need to be vigilant to guard against mishaps caused by the emerging technology. Here, Law360 looks at three areas where benefits attorneys say AI can cause legal headaches.
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October 30, 2026
Philly Bill Pitches Tax On Services Performed By Robots
Philadelphia would impose taxes on automated services that used to be performed by humans under legislation introduced in the City Council.
Data Center Tax Breaks Face Election-Year Political Pushback
States across the country and political divide moved in 2026 to curb tax breaks for data centers, and the issue has featured prominently ahead of Tuesday's elections as candidates pledge to end or pull back on their exemptions for sales and property taxes.
Billionaire Tax Headlines Calif. Tax Ballot Measures
Of the many state and local tax measures voters will see on their ballots Tuesday, none is poised to have a greater impact than California's Proposition 40, which would levy the nation's first-ever tax on the wealth of billionaires.
MTC Partnership Tax Group Eyes Sales Of Interests, Assets
As the Multistate Tax Commission group working on uniform rules for the state taxation of partnerships finalizes its draft combined model act, it will turn next to researching ways for states to tax sales of partnership interests or assets, tax professionals said Wednesday.
Data Center Tax Breaks Face Election-Year Political Pushback
States across the country and political divide moved in 2026 to curb tax breaks for data centers, and the issue has featured prominently ahead of Tuesday's elections as candidates pledge to end or pull back on their exemptions for sales and property taxes.
Billionaire Tax Headlines Calif. Tax Ballot Measures
Of the many state and local tax measures voters will see on their ballots Tuesday, none is poised to have a greater impact than California's Proposition 40, which would levy the nation's first-ever tax on the wealth of billionaires.
MTC Partnership Tax Group Eyes Sales Of Interests, Assets
As the Multistate Tax Commission group working on uniform rules for the state taxation of partnerships finalizes its draft combined model act, it will turn next to researching ways for states to tax sales of partnership interests or assets, tax professionals said Wednesday.
Editor's Pick
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2026 Tax Ballot Measure Map
Citizens across the country will be tasked with deciding significant tax-related measures when they head to the polls in November, including proposals to impose a one-time 5% wealth tax on billionaires, ban state-level property tax in Tennessee and make income tax changes in numerous states.
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Law360 Revenue Report Map Tracks Health Of State Coffers
As state coffers fluctuate because of federal pandemic aid drying up, demographics shifting and remote work becoming commonplace, Law360 Tax Authority is providing up-to-date coverage on state tax revenue with the launch of its Revenue Report Map.
Featured Stories
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Data Center Tax Breaks Face Election-Year Political Pushback
States across the country and political divide moved in 2026 to curb tax breaks for data centers, and the issue has featured prominently ahead of Tuesday's elections as candidates pledge to end or pull back on their exemptions for sales and property taxes.
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Tax Policy To Watch After The Midterm Elections
When lawmakers return to Washington, D.C., after the midterm elections, proposals to overhaul the Internal Revenue Service's administration could be ripe for inclusion in a year-end package if the goal is to clear the decks before the next legislative session, according to tax policy observers. Here, Law360 takes a look.
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3 Ways Burgeoning AI Use Can Trip Up Benefits Providers
As the use of artificial intelligence in the employee benefits space grows, experts warn that companies need to be vigilant to guard against mishaps caused by the emerging technology. Here, Law360 looks at three areas where benefits attorneys say AI can cause legal headaches.
Expert Analysis
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How AI Could Help Judges Spot Their Own Biases
In close cases where there’s room for discretion, artificial intelligence could challenge judges’ implicit biases by running counterfactual tests at scale — but any judicial use of such tools would need guardrails, say Arnold Peter at Peter Law and Nancy Rapoport at University of Nevada.
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Wishing A Rate Would Stay The Same: SALT In Review
From a proposed move toward graduated income tax rates in Pennsylvania to a Missouri amendment intended to eliminate all taxes there, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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3 Strategies To Reduce AI Sycophancy In Legal Work
The tendency of generative artificial intelligence models to tell users what they want to hear can reinforce attorneys’ confirmation bias when testing the strength of arguments, and it can’t simply be prompted away — but a few practices can help mitigate it, says Michael Ott at Ice Miller.
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Tariffs Could Be Behind Surge In FTZ Production Filings
As tariffs reshape production sourcing decisions, manufacturers are seeking foreign trade zone production authority at more than twice last year's pace, making it important to consider the potential duty and export benefits, along with review delays and restrictions that can curb savings, say attorneys at Sidley.
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Transfer Pricing Analyses May Apply To Tariff Refunds Claims
Both plaintiffs and defendants in consumer class actions over tariff refunds should examine transfer pricing analyses, which can offer contemporaneous evidence as to how much of a tariff was borne in the U.S. by the importer or consumers rather than absorbed earlier in the supply chain, say economists at The Brattle Group.
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Allowed To Usurp A Power Of Congress: SALT In Review
From a defeat in court for challengers of a New Jersey rule on businesses online to a proposed supermajority requirement in Iowa, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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Importer Risk Rises As AI Enters Trade Fraud Enforcement
The Trump administration's new data-driven and artificial intelligence-enabled push against tariff evasion raises the stakes for companies with global supply chains, making it crucial that they consider strengthening response protocols, documentation and internal reporting mechanisms, say attorneys at Cooley.
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What Lawyers Should Know Before Accepting Crypto Payment
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As clients increasingly request to pay legal fees, retainers and escrow funds using cryptocurrency, lawyers should consider how only a handful of state bar authorities have addressed the issue with varying ethics opinions, as well as the related questions that no authority has yet answered, says attorney Felix Shipkevich.
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Why And How To Build A Neurodiversity-Informed Practice
By better understanding neurodiversity and implementing simple accommodations for clients with autism, ADHD or learning differences, attorneys can build stronger relationships with those who may otherwise struggle to obtain and benefit from legal services, while developing good habits that will benefit everyone they represent, says Ting Cheung at Sanford Heisler.
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Illinois Banking Brief: All The Notable Legal Updates In Q3
Recent banking developments in Illinois include significant new consumer protection legislation, three meaningful Seventh Circuit decisions, and a high-profile constitutional challenge to the state's new digital asset tax, say attorneys at Barnes & Thornburg.
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The Courts Are There For A Reason: SALT In Review
From a challenge to Illinois' taxing of digital advertising and social media to the Montana governor's call for a flat income tax, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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What's Next For Prediction Markets If States Win At High Court
While the Supreme Court hasn't taken up a prediction market case yet, a high court win for the states in their quest to regulate the exchanges would likely mean a wave of state legislature bills and regulatory guidance arriving on different timelines, rather than a single uniform transition, says Howard Herndon at Bradley Arant.
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AI Meeting Recaps Pose New Discovery And Privilege Risks
The New York City Bar Association’s recent ethics opinion, cautioning attorneys not to record nonclient conversations with artificial intelligence tools, reflects an emerging view that AI meeting recaps are now a distinct business record category, meaning counsel should set meeting-level controls and apply framework-level updates, says William Wright at Faegre Drinker.