May 23, 2022
- Court Holds That Initialing A Will Is Sufficient To Meet The... by: David Fowler Johnson
- Blockchain and Metaverse Legal Issues for the Government and... by: James G. Gatto and Yasamin Parsafar
- Congress Takes Steps to Prioritize Youth Mental Health by: Harry Sporidis and Rachel E. Feinstein
- California Court of Appeal Clarifies that a Derivative Plaintiff Must... by: John P. Stigi III and Alejandro E. Moreno
- Fifth Circuit Holds That SEC Administrative Law Courts Are... by: David Slovick and Vincent P. (Trace) Schmeltz III
- US EPA Adoption of New Phase I ASTM Standard E1527 Delayed by Adverse... by: Gary L. Pasheilich
- Understanding the Delta Among State Privacy Statutes: Jurisdictional... by: David A. Zetoony
- Colorado Joins Movement to Limit Non-Competes to High Earners by: John F. Birmingham Jr.
- Milestone Agreement to Pay U.S. Women’s National Soccer Team Equally... by: Rachel E. Green
- Court Holds That Judges Can’t Invent Rules Governing Arbitration... by: Stuart M. Gerson
- Connecticut Legislature Seeks to Codify Limitations on Noncompetes by: Erik W. Weibust
- Telecom Alert:Broadband Speed Goals NPRM; WEA Pleading Cycle;... by: Gregory E. Kunkle and Casey Lide
- California Supreme Court Rules Additional Penalties May Be... by: Leonora M. Schloss
- Mississippi’s New Vaccine-Choice Law: All Fluff, No Wrongful... by: Christina M. Seanor and Matthew C. Lonergan
- The Biden Administration Re-Proposes to Tax Carried Interests as... by: Robert A. Friedman and Arnold P May
- New York Enacts Legislation Regulating Pharmacy Benefit Managers by: Steven L. Imber and Jennifer L. Osborn
- Preparation of Corporate and M&A Documents for Proposed 2022... by: Nathan P. Emeritz and Justin E. Mann
- Beware OFAC in a Time of Sanctions by: Peter D. Hutcheon
- Banks Set to Abandon SPAC Market as SEC Proposes New Rules by: David A. Lopez-Kurtz
- Weekly IRS Roundup May 16 – May 20, 2022 by: Tax Practice Group McDermott Will Emery
- China’s National Intellectual Property Administration Approves... by: Aaron Wininger
- Los Angeles Superior Court Invalidates California Law Requiring... by: John P. Stigi III and Alejandro E. Moreno
- ROUND 1 TO THE BAD GUYS: FTSA Survives First Serious Constitutional... by: Eric J. Troutman
- Timber Briefing: U.S. Lumber Prices Could Be Affected by Sanctions on... by: Daniel C. Kelly-Stallings and Marisa N. Bocci
- US Executive Branch Update – May 23, 2022 by: Stacy A. Swanson
- Antitrust Enforcers’ Third “Listening Forum” On Merger Reform... by: Arindam Kar
- Fifth Circuit Holds SEC’s In-House Courts and Judges Unconstitutional by: Joshua M. Newville and Julia D. Alonzo
- The Feds Double Down (Again): SEC Adds 20 Positions to Cryptocurrency... by: Matthew G. Lindenbaum and Robert L. Lindholm
- Biden Revisions to the NEPA Regulations Now in Effect by: Alexander L. Merritt and Kathryn C. Kafka
- Jury Awards $450,000 For Employer’s Termination of Employee After... by: Nicole A. Eichberger and Atoyia S. Harris
- University Of Groningen And University Of Graz Scientists Create A... by: Lynn L. Bergeson and Ligia Duarte Botelho
- New Draft Guidance on FDA Enforcement Discretion for Past-Due NDI... by: Food and Drug Law at Keller and Heckman
- On Her Shoulders, Season 2 Episode 5 - Interview with Jenna Banks [... by: Corinne Smith
- FTC Blog: “The FTC Act Creates a De Facto Breach Disclosure... by: Joseph J. Lazzarotti
- Bill Would Require Passively-Managed Funds To Vote Proxies As... by: Keith Paul Bishop
May 21, 2022
- Improvements to ECHA’s Chemicals Database Include Nanomaterial Form... by: Lynn L. Bergeson and Carla N. Hutton
- OFCCP Identifies Contractors Selected for FY2022 Compliance Audits by: Jack Blum
- I’m Pretty Sure the FTC’s New Document Seizure (er Preservation) NPRM... by: Eric J. Troutman
- Mississippi Gaming Commission Meeting Report May 2022 by: Thomas B. Shepherd III and Christopher S. Pace
- MARKETERS BEWARE– Oklahoma Governor Stitt Signs Oklahoma’s Mini-TCPA... by: Eric J. Troutman
- Massachusetts Appeals Court Excuses City’s Notice-by-Mail Fail by: Kathleen M. Heyer
- Spoofing vs. DIDS: Court’s Recent Refusal to Allow Subpoena for Phone... by: Eric J. Troutman
Tax, Internal Revenue Service and Treasury Legal News
Tax law is one of the most complex areas of the law. The recent legislation, the Tax Cuts and Jobs Acts (TCJA), the first major change to tax law since 1986, had many implications for business owners, as well as private individuals for tax filing purposes. Almost every decision a business makes may have tax consequences, and the National Law Review has legal analysis of the new TCJA legislation as well as updates on the IRS interpretations and guidance documents.
State Tax Laws (SALT)
Additionally, the National Law Review has coverage of many state tax laws, as well as states' responses to the TCJA. These SALT issues are carefully analyzed by the legal experts who write for the National Law Review. Along with state income tax rules, there is also information on how states are handling aspects of the gig economy, as well as state responses to changes with the individual mandate under the Affordable Care Act.
GILTI Tax, Estate, Base Erosion Anti-Abuse Tax
From new tax implications under GILTI tax (Global Intangible Low Taxed Income) to deductions under the IRC for gifts and estate transfers, visitors can find the latest stories in relation to both business and personal tax laws. Visitors can read about the implications the TCJA has on multinational companies, how the BEAT tax (Base Erosion Anti-Abuse Tax) is calculated, or the effects estate taxes will have when deciding who to leave property to in a will.
Tax Deductions & Credits
With the evolving tax situations, there are many questions related to which tax credits and deductions are still on the table. The National Law Review offers analysis of changing tax regulations, interpreting legislation to answer questions related to tax credits like the Family and Medical Leave Tax Credit as well as Historic Tax Credit, and renewable energy tax credits.
The National Law Review also covers stories and news about nonprofit and for-profit organizations, and how the current tax legislation affects these companies. Among the topics covered on the site are transfer taxes, estate taxes, tangible and property tax law, bankruptcy, restructuring, and tax implications on real estate. From news about tax implications on multinational organizations involved in international deals and relations to tax implications under ACA (Affordable Care Act) and HSA (health savings accounts), visitors will always find the latest tax law covered on the National Law Review site.
Updates on Federal Agencies Related to Tax
The National Law Review provides news and coverage on federal taxing agencies including the Internal Revenue Service (IRS), Department of Treasury, and state and local government agencies, which dictate tax laws. For coverage on state, national, federal, and international taxes, and how TCJA affects these taxes, the National Law Review provides the latest, in-depth news coverage for its visitors.